The New York Stock Exchange (NYSE) will shut down its trading floor and temporarily switch to electronic transactions after several traders were confirmed to carry the coronavirus. Starting next Monday, all exchanges will be managed electronically, but markets will continue to operate along normal trading hours, the exchange said. “While we are taking the precautionary...
Excerpts from recent editorials in the United States and abroad: ___ March 18 The New York Times on providing cash assistance to Americans because of rising economic turmoil due to … Click to Continue »
The ongoing Covid-19 crisis wreaked havoc on global markets, as investors gave a mixed response to stimulus measures and containment efforts. In the US, the Dow Jones closed lower than at any point since Donald Trump's election. Despite President Donald Trumps' signing of wartime legislation to address shortages of vital medical equipment, the Dow Jones...
Health officials across Washington state are scrambling to secure hospital beds, staff and critical supplies as the number of people sickened by the new coronavirus continues to grow. Washington has … Click to Continue »
Unemployment benefit requests in North Carolina surged this week due to the new coronavirus as business activity slowed and a ban on dining-in at restaurants and bars began. The state … Click to Continue »
Hospital officials said Wednesday that two patients with the new coronavirus have died in a southwest Georgia county, one of the hardest-hit areas outside metro Atlanta from the global outbreak. … Click to Continue »
Major U.S. stock indexes closed sharply lower on Wall Street Wednesday as fears of a prolonged coronavirus-induced recession took hold. The Dow industrials lost more than 1,300 points, or 6.3%. … Click to Continue »
