The International Monetary Fund is encouraging central banks and governments to take steps soon that could offset the impact of the coronavirus pandemic. The IMF has a $1 trillion fund to assist countries hardest…
The chance of two consecutive quarters of negative gross domestic product worldwide has spiked due to the effects of the spread of COVID-19.
The Federal Reserve has gone out of its way to assure financial markets that it is entering into full-blown easing and stabilizing mode. In an unprecedented move for a Sunday, ahead of the global…
Morning Consult's consumer sentiment index took its biggest one-day dive in more than two years Friday, while the University of Michigan survey of consumer sentiment also dropped as the COVID-19 spreads across the United…
Germany just took major steps to stabilize and stimulate the economy, and the United States may want to follow suit.
If any American went back a month in a time from the middle of March, things were still chugging along just fine. The stock market was at all-time highs, the Federal Reserve was satisfied…
When markets are in panic and when they have decoupled from what was expected, governments have the power to intervene to keep the system running.
Consumer sentiment in the U.S. continues on its downward slide as the impact of the COVID-19 outbreak spreads throughout the nation's economy and many large events are canceled.
An Institute for Supply Management survey indicates that three-quarters of companies have reported supply chain disruptions in some capacity as a result of the coronavirus causing transportation restrictions.
As COVID-19 spreads throughout the country and locks down much of the nation's business, Italy faces a worse downturn than a recession.
Consumer sentiment has continued to inch down as cases of coronavirus multiply in the United States.
Fitch Ratings has warned that the dual coronavirus and oil price shocks will put pressure on some sovereign credit fundamentals and potentially on their ratings.
Lessons of the Great Recession, terrorist attacks, natural disasters and other events in the past may hold some lessons for what central banks and the U.S. government could do beyond traditional interest rate cuts…
The good news, at least for now, even considering the stock market bloodbath that has been seen, is that a recession is not already unavoidable.
Why is a solid jobs report was being ignored early on Friday? Is the assumption that things are going to be much worse in a week, a month and maybe for much longer?
