Automakers, union form joint task force to limit coronavirus outbreak
Automakers General Motors , Ford Motor Co and Fiat Chrysler Automobiles (FCA) are forming a coronavirus task force along with the United Auto Workers (UAW)...
Fed slashes rates, pulls out the stops to cushion coronavirus blow
The U.S. Federal Reserve slashed rates back to near zero, restarted bond buying and joined with other central banks to ensure liquidity in dollar lending...
Dollar slips as Fed leads world with emergency rate cuts
Markets were set for another chaotic session on Monday after many of the world’s major central banks joined in an emergency round of policy easing...
Fed slashes rates, rips open crisis tool kit to cushion coronavirus blow
The U.S. Federal Reserve slashed rates back to near zero, restarted bond buying and launched other measures from its crisis-era toolkit, along with other central...
Instant view: Fed cuts rates to buffer economy from coronavirus
The Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in an emergency move to help shore up...
Trump congratulates Fed for rates cut, calls action ‘terrific’
U.S. President Donald Trump said the Federal Reserve’s decision on Sunday to cut interest rates was “good news” and “makes me very happy” as he...
Fed cuts interest rates to near zero, coordinates with other central banks to combat coronavirus
The U.S. Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore...
Goldman downgrades U.S. growth forecast for first and second quarter due to coronavirus
Goldman Sachs Group Inc has downgraded its U.S. growth forecast for the first and second quarters in the wake of the economic fallout from the...
Volkswagen says preparing to suspend production at Bratislava plant
Volkswagen is preparing to suspend operations at its manufacturing plant in Bratislava, the company said on Sunday, after Slovakia declared a state of emergency due...
Germany tries to halt U.S. interest in firm working on coronavirus vaccine
Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German...