Dow plunges 10% as Fed fails to quell recession fears
Stocks on Wall Street plunged at the open, with the Dow tumbling 10 percent before triggering an automatic trading halt. Conway G. Gittens has the...
What zero rates, sub-1% bond yields mean for your mortgages, student loans and credit cards – USA TODAY
What zero rates, sub-1% bond yields mean for your mortgages, student loans and credit cards USA TODAY Federal Reserve cuts rates to zero and launches massive...
Benny Gantz tasked with forming Israeli government
Israeli opposition leader Benny Gantz received an official mandate on Monday to try to form Israel’s next government, and called on Prime Minister Benjamin Netanyahu...
Saudis told to stay home as Bahrain reports Gulf’s first coronavirus death
Bahrain reported the Arab Gulf’s first death from the coronavirus on Monday and Saudi Arabia urged its citizens to stay at home as the region...
Paris to close city parks to reduce coronavirus infection risk
Paris will close its parks until further notice in order to reduce the risk of coronavirus infections, Paris mayor Anne Hidalgo said in a statement...
Moscow bans outdoor events, limits indoor events capacity amid coronavirus: mayor
Moscow on Monday banned all outdoor events and limited indoor public events to no more than 50 people until April 10, Moscow Mayor Sergei Sobyanin...
Crude oil falls below $30 as coronavirus spreads
Brent and U.S. crude fell below $30 on Monday as emergency rate cuts by the U.S. Federal Reserve and its global counterparts failed to tame...
More U.S. producers cut budgets as crude falls below $30 a barrel
EOG Resources Inc , Whiting Petroleum Corp and EQT Corp cut drilling activity and budgets on Monday, becoming the latest North American shale producers to...
Cowen expects Nike’s sales fall $3.5 billion for May quarter
Nike Inc’s revenue could fall by a third in the fourth quarter, Cowen estimated, as the sportswear giant reels from store closures, supply disruptions and...
Exclusive: India plans to top up strategic tanks with cheap Saudi, UAE oil – sources
India plans to take advantage of low prices for oil from Saudi Arabia and the United Arab Emirates to top up its strategic petroleum reserves...