The appearance of the first ‘community spread’ U.S. coronavirus case reverberated across markets on Thursday — and dovetailed with rising figures in other countries. …read more […]
Health and Human Services Secretary Alex Azar told Congress Thursday that at least 40 public health labs are ready to test for the coronavirus. Yahoo Finance’s Anjalee Khemlani joins Dan Roberts and Kristin Myers, along with BigEyedWish Founder Ian Wishingrad, to discuss on YFi PM. …read more […]
Declinism is a uniquely powerful theme in American culture, and many politicians have adopted it as an election strategy.
Today, Nicholas Vardy explains why the way to wealth is never betting against America.
A silent assumption permeates much of today’s financial punditry: America’s best days are behind it.
Back in the “good old days,” a dynamically expanding U.S. economy secured prosperity for all its citizens.
Politicians reached across the aisle and got things done.
The world admired America for its economic, political and social achievements.
The contrast with today’s attitude could not be greater.
The fruits of economic growth are going to the top 1%.
Political vitriol has …read more […]
Facebook Inc said on Thursday it would cancel its annual developer conference, F8 2020, amid rising concerns of the coronavirus outbreak.
Thyssenkrupp on Thursday said it agreed to sell its prized elevator division to a private equity consortium including Advent, Cinven and Germany’s RAG foundation for 17.2 billion euros ($18.7 billion).
Chicago Federal Reserve Bank President Charles Evans on Thursday suggested that “extraordinary accommodation” and a period of elevated inflation will be integral to the U.S. central bank’s approach to fighting the next severe economic downturn.
Chicago Federal Reserve Bank President Charles Evans said on Thursday it was too soon to say if the U.S. growth forecast would be lowered due to the coronavirus outbreak, and that the Fed was first looking for any declines in economic activity.
France’s Vivendi has filed an appeal against a decision by a Milan judge to clear the way for a planned reorganization at Mediaset , Italy’s biggest commercial broadcaster said on Thursday.
Stocks across the globe and oil prices continued to tumble on Thursday and U.S. Treasury yields hit record lows as traders fretted over the economic impact of the spreading coronavirus.
Johnson & Johnson and other drug companies facing thousands of lawsuits over their role in the opioid epidemic have warned that settlement talks will be “severely” jeopardized if plaintiffs’ lawyers are allowed to assess a fee payment worth billions of dollars.
Shares of Microsoft Corp fell as much as 4% on Thursday after the company warned of weakness in its PC business due to a hit to its supply chain from the coronavirus outbreak, echoing similar statements from Apple Inc and HP .
Petroleos Mexicanos posted a 345.5 billion peso ($18.3 billion) loss for 2019 on Thursday, nearly doubling the previous year’s loss and dealing a major blow to the Mexican president’s quest to revive the heavily-indebted state oil company.
Thyssenkrupp has agreed to sell its elevators division to a consortium of Advent and Cinven [CINV.UL], two sources close to the matter told Reuters.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
