Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like
Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Oil falls, OPEC backs deeper supply cuts
Oil fell on Thursday as the coronavirus epidemic showed no signs of slowing, with deaths mounting globally, and while major producers agreed on deeper output cuts...
OPEC to recommend to OPEC+ extending new cuts to end of 2020: statement
OPEC ministers said on Thursday they would recommend to OPEC+, a group that includes Russia, that additional oil production cuts of 1.5 million barrels per day...
Southwest Airlines sees first-quarter revenue hurt coronavirus fears
Southwest Airlines Co said on Thursday it expected a hit of up to $300 million to its first-quarter operating revenue from the new coronavirus outbreak, prompting...
Oil slides as demand worries overshadow OPEC deal to deepen supply cuts
Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more...
Stock sell-off rolls to Asia, bonds rally on virus risk
Asian shares fell on Friday following another Wall Street rout as disruptions to global business from the coronavirus beyond China worsened, stoking fears of a prolonged...
Trump says U.S. economy could take hit from coronavirus
President Donald Trump said on Thursday the U.S. economy might take a hit from the coronavirus outbreak but predicted the challenge would eventually pass and defended...
China first-quarter economic hit from coronavirus looking more severe: Reuters poll
The coronavirus likely halved China's economic growth in the current quarter compared with the previous three months, more severe than thought just three weeks ago and...
JPMorgan CEO Jamie Dimon undergoes emergency heart surgery
JPMorgan Chase & Co Chief Executive Jamie Dimon had emergency heart surgery to treat an aortic dissection on Thursday morning and is "recovering well," the bank...
JPMorgan restricts all non-essential domestic travel globally: internal memo
JPMorgan Chase & Co said on Thursday that employees should forgo any non-essential domestic business travel in all of its worldwide locations, due to concerns about...
OPEC raises stakes with Russia, seeks biggest oil cut since 2008 crisis
OPEC pushed on Thursday for a bigger-than-expected oil output cut to support prices that have been hit by the coronavirus outbreak, effectively presenting its non-OPEC partners...
Stocks tumble as coronavirus cases rise rapidly outside China
Global equity markets tumbled and the dollar slid on Thursday as the coronavirus spread quickly outside China, leading Britain to prepare for a significant increase in...
Wall Street drops over 3% on virus fears, travel shares slammed
U.S. stocks tumbled on Thursday, with shares of banks and travel companies taking a beating, as a new wave of fear about the spread of the...
U.S. financial companies prep for new normal amid coronavirus outbreak
U.S. financial companies are doubling down on travel restrictions to include domestic trips, replacing meetings with video calls, and webcasting events as the coronavirus outbreak starts...
Old Navy boss to take the helm at Gap
Apparel retailer Gap Inc on Thursday named long-time executive Sonia Syngal as its new chief executive officer, nearly four months after the surprise exit of its...