The coronavirus pandemic is hitting the markets and the economy, as well as disrupting your daily life. Here are steps you can take to ensure the resulting emotions don't lead you into making a big mistake with your investments.
Millions of Americans may have had their coronavirus stimulus payments held up by glitches if they were customers of tax preparation services, according to one new report. Here's why those payments could have been delayed, and what one major tax preparation service is saying about the issue.
Amazon is "a juggernaut that just wipes out everybody," CNBC's Jim Cramer said Thursday. But he also noted the company's hiring spree as many other firms are laying off workers.
U.S. small businesses may need up to $500 billion a month to ensure their survival through the coronavirus crisis, the head of the Atlanta Federal Reserve Bank said on Thursday as Fed officials voiced concern over the speed and breadth of the country's fiscal response to an unprecedented economic slowdown.
The novel coronavirus may do to U.S. office rentals what e-commerce did to malls, or so goes a line of thinking running through commercial real estate circles.
U.S. stocks rose on Thursday as Amazon.com Inc and Netflix Inc surged to record highs, although trading was choppy as investors worried about the impact of the coronavirus pandemic on first-quarter earnings.
Neiman Marcus Group skipped a debt payment due this week, the latest sign of a cash crunch pushing the U.S. luxury department store chain to the brink of a possible bankruptcy after it temporarily closed stores amid the coronavirus pandemic.
Oil prices were mixed on Thursday, as Brent crude rose modestly while U.S. futures ended unchanged at an 18-year-low after some European countries said they would relax coronavirus restrictions even though OPEC lowered its global oil demand forecast.
The dollar hit a one-week high on Thursday as investors fled to safe-haven assets following the release of weekly U.S. jobless data which showed a record 22 million Americans have sought unemployment benefits in the last month, erasing nearly all job gains since the Great Recession.
"There are places and are segments of our society and economy that we can open up safely," Rep. Greg Murphy, R-N.C., said Thursday.
The coronavirus pandemic is hitting the markets and the economy, as well as disrupting your daily life. Here are steps you can take to ensure the resulting emotions don't lead you into making a big mistake with your investments.
L'Oreal is counting on consumers rushing back to hair salons to help its business recover quickly once European and U.S. coronavirus lockdowns are lifted, it said on Thursday, adding that beauty sales were bouncing back already in China.
Applications to start new U.S. businesses tumbled last week, the latest indication that stringent measures to control the spread of the novel coronavirus had brought the economy to its knees.
World stock markets seesawed while bond yields retreated on Thursday as dire U.S. jobless data underscored a deepening downturn amid the coronavirus outbreak and tamped down investor hopes a listless economy would soon be back on its feet.
Activist shareholders are likely to scale back campaigns in the coming weeks as target companies brace for a deep recession and their favorite calls for change - ranging from mergers to returning cash - are ignored during the coronavirus pandemic.