Finance

Airline stocks tumbled on Thursday after President Trump prohibited most travelers from 26 European countries from visiting the United States for 30 days. The three big U.S. carriers that fly trans-Atlantic routes — United Airlines, Delta Air Lines and American Airlines — fell by 10 percent or more in morning trading. Already reeling from a […]

The entertainment industry is a business predicated on drawing crowds in theaters, cinemas and concert venues By JAKE COYLE AP Film Writer March 12, 2020, 4:28 PM 5 min read NEW YORK — The entertainment industry, a business predicated on drawing crowds in theaters, cinemas and concert venues, is bracing for possible shutdown in the

Wednesday was an unsettling day on global financial markets, and not just because the stock market fell sharply enough to bring a decade-plus bull market to an end. Underneath the headline numbers were a series of movements that don’t really make sense when lined up against one another. They amount to signs — not definitive,

Stocks are sharply lower after resuming trading as traders fear that not enough is being done to contain the economic damage from the coronavirus pandemic March 12, 2020, 2:20 PM 4 min read NEW YORK — The sell-off bludgeoning financial markets around the world got even worse Thursday as the economic pain caused by the

One personal finance question asked widely online recently was: “Should I put my 401(k) in bonds?” Well, some — but not the whole enchilada. If you’re a young investor, and even if you’re anxious about the effects of the coronavirus pandemic, most of your 401(k) should be invested in stocks, with a smaller share in

Dow Jones futures are down more than 1,000 points as U.S. stock markets brace for likely losses Thursday after President Donald Trump’s speech on the coronavirus outbreak seemingly failed to ease investors’ concerns March 12, 2020, 12:32 PM 1 min read NEW YORK — The Latest on the action in the financial markets (all times

Layoffs because of the global coronavirus crisis have already begun in states across the U.S. Drivers at the Port of Los Angeles, convention workers in Las Vegas, festival staff in Austin, Texas, and hospitality employees in Seattle are among those who have already lost their jobs amid a tanking U.S. economy and plummeting consumer demand.

Say they did not have a mortgage and, after closing and moving costs, clear $480,000, which they invest in a portfolio divided equally between stocks and bonds. Their investments generate an inflation-adjusted $19,200 a year, based on a 4 percent distribution, so although they are spending more each year on rent, their annual cash flow

The European Central  Bank could come out with a package of measures to keep the economy going during the virus outbreak By DAVID McHUGH AP Business Writer March 12, 2020, 9:16 AM 3 min read FRANKFURT, Germany — The European Central Bank is expected to announce Thursday new measures to cushion the economy against the

TOKYO — Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan’s benchmark Nikkei 225 dived 4.4% to 18,559.63. Australia’s S&P/ASX 200 dropped 7.4% to 5,304.60. South Korea’s Kospi dipped 4.7% to 1,817.87. Hong Kong’s Hang Seng lost 3.6% to 24,316.77, while the Shanghai Composite