Consumer Sentiment Sets Another Record Low
Research firm Morning Consult's consumer sentiment index has fallen to a new low again Tuesday as stopping the spread of coronavirus begins to hamper larger chunks of the U.S. economy.
Economy
All Economy Articles
Newest first · Page 109
Why S&P Is Warning That the Global Recession Already Has Arrived
If you have been hoping that formal recession calls due to the coronavirus would not be coming, the time for that hope has ended.
How the New Worst Trading Days Since the 1987 Crash Stack Up, and How to Curb the Market Mayhem
What is unfolding in the wake of the coronavirus-induced economic panic is starting to feel like a runaway train. The reality is that the population seems to know that things are going to get…
How States Can Plan for Budgetary Effects of Coronavirus — and Market Swings
By The Pew Charitable Trusts The coronavirus is already affecting state budgets, from pressure on public health systems to revenue losses from canceled events. Lawmakers in states such as California are passing emergency funding measures, while other…
Beyond Quantitative Easing: How the Helicopter Money Drop to Workers Will Play Out
The government will have to forget about interest rates and bond buying for a moment. The proverbial helicopter money drop is going to have to come into play.
Consumer Sentiment Falls to 2-Year Low
Consumer worries about the coronavirus epidemic are weighing heavily on their views of their financial prospects.
IMF Prescribes Policies, Promises $1 Trillion to Bolster Global Economy
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…
COVID-19 Report: European Leaders Forecast Recession as Economic Threat Spreads
The chance of two consecutive quarters of negative gross domestic product worldwide has spiked due to the effects of the spread of COVID-19.
Federal Reserve Takes Historic Easing Actions to Stabilize Economy Against Coronavirus Fallout
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…
Sagging Consumer Sentiment Nips Friday Rally in the Bud
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…
Will the United States Follow Germany’s Emergency Stimulus and Rescue Plan?
Germany just took major steps to stabilize and stimulate the economy, and the United States may want to follow suit.
Lessons of Doomsday Preppers for the COVID-19 Pandemic
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…
What the $1 Trillion+ New York Fed Market Intervention Actually Means
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 Dips Further as US Comes to Grips With Coronavirus
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.
Three-Quarters of US Businesses Seeing Supply Chain Disruptions Tied to the Coronavirus
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.