Business > U.S.

Stock market continues its historic slide, capping one of the worst weeks since financial crisis

1 month ago   |   By WLKY

U.S. stocks tumbled once again on Friday, as coronavirus fears continue to mount.
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Stocks plunge on coronavirus fears, heading for worst week since 2008

Stocks plunge on coronavirus fears, heading for worst week since 2008

1 month ago   |   By ABC

Stocks open sharply lower on Wall Street, shaving 2.5% off Dow, and are headed for their worst week since October 2008.
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Think the S&P 500 is in bad shape? Its components look worse

1 month ago   |   By Reuters

Wall Street's worst week since 2008, sparked by fears about the fast-spreading coronavirus, has left almost half of the S&P 500's stocks in bear market territory, just nine days after the leading benchmark closed at a record high.
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Wall Street losses broaden with no clarity on coronavirus impact

1 month ago   |   By Reuters

Wall Street's main indexes tumbled for the seventh straight day and were on track for their biggest weekly dip since the 2008 global financial crisis on worries the fast-spreading coronavirus could lead to a recession.
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Stocks, Dow Sink As Coronavirus Fears Continue Driving Economic Uncertainty

Stocks, Dow Sink As Coronavirus Fears Continue Driving Economic Uncertainty

1 month ago   |   By The Huffington Post

Some indexes are set to close out their worst week since the depths of the financial crisis in 2008.
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Wall Street eyes worst week since financial crisis on pandemic fears

1 month ago   |   By Reuters

Wall Street's main indexes were on track for their worst week since the 2008 global financial crisis on Friday as the selloff deepened on fears that the fast-spreading coronavirus could lead to a recession.
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Nearly 60% of the passengers on an Antarctic cruise ship have tested...

Nearly 60% of the passengers on an Antarctic cruise ship have tested positive for the coronavirus

More than half of those on board an Antarctic cruise ship have already tested positive for the coronavirus. The ship is stranded off the coast of Uruguay and not allowed to... Read more ...

Charlotte Figi, the girl who spurred a cannabis movement that changed laws...

Charlotte Figi, the girl who spurred a cannabis movement that changed laws across the world, has died from the coronavirus at age 13

Charlotte Figi, the young girl with epilepsy who helped ignite a medical cannabis movement that changed laws around the world, died at age 13 due to coronavirus complications... Read more ...

Senator who dumped stocks after confidential briefing says she'll divest...

Senator who dumped stocks after confidential briefing says she'll divest from individual shares

Sen. Kelly Loeffler said on Wednesday that she'll divest from owning individual stocks. The Georgia Republican was widely criticized after she sold stocks following a... Read more ...

'We are flattening the curve': Cuomo says shutdowns are working to curb the...

'We are flattening the curve': Cuomo says shutdowns are working to curb the spread of the coronavirus, but it's 'not a time to get complacent'

Coronavirus -related hospital admissions are slowing in New York, which Gov. Andrew Cuomo said is a sign that the state is "flattening the curve." Despite that, New York... Read more ...

US intelligence reportedly predicted coronavirus 'could be a cataclysmic...

US intelligence reportedly predicted coronavirus 'could be a cataclysmic event' as far back as November

The National Center for Medical Intelligence knew of the coronavirus outbreak in November, ABC News reported. The NMCI released an internal report warning of the threat of a... Read more ...

Photos show Wuhan after its unprecedented 76-day lockdown, where people are...

Photos show Wuhan after its unprecedented 76-day lockdown, where people are anxious, traumatized, and desperate to leave

The city of Wuhan lifted its strict lockdown measures at midnight on Wednesday, ending some ten weeks of coronavirus self-isolation. Highway tolls have reopened, while train... Read more ...

GM Will Build 30,000 Ventilators For U.S. Government

GM Will Build 30,000 Ventilators For U.S. Government

The ventilators will be delivered to the national stockpile by August. The contract, worth nearly $500 million, is the first ventilator order placed using the Defense... Read more ...

Fed eases Wells Fargo growth cap to boost emergency loans

Fed eases Wells Fargo growth cap to boost emergency loans

The Federal Reserve on Wednesday eased the punitive growth restrictions it placed on Wells Fargo after a raft of consumer abuse scandals, allowing the giant bank to offer... Read more ...

Swiss plan to start lifting curbs in April to prevent ‘worst economic damage'

Swiss plan to start lifting curbs in April to prevent ‘worst economic damage'

Switzerland plans to ease restrictions to combat the new coronavirus starting at the end of April, the government said on Wednesday. The country's death toll rose to 705 and... Read more ...

Democrats are demanding at least $500 billion in additional emergency...

Democrats are demanding at least $500 billion in additional emergency coronavirus relief spending to aid hospitals, state governments and shore up food stamps

Top congressional Democrats are calling for $500 billion in emergency coronavirus relief spending to aid hospitals, state governments, and the food stamp program. It comes... Read more ...