Poof. A huge chunk of stock market gains under Trump are gone
Wall Street’s love affair with President Donald Trump is officially over. The president’s prime time speech failed to assuage fears about…
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Poof. A huge chunk of stock market gains under Trump are gone
Wall Street’s love affair with President Donald Trump is officially over. The president’s prime time speech failed to assuage fears about…
Continue Reading NY Fed vows to pump in $1.5 trillion to fight coronavirus-linked ‘highly unusual disruptions’ on Wall Street
The New York Federal Reserve is taking out the big guns to calm panicky financial markets. The NY Fed announced plans Thursday to inject vast amounts…
Continue Reading US stocks enter bear market territory after Trump’s travel ban
US stocks plummeted into a bear market Thursday after President Donald Trump used a national address on the coronavirus to announce a ban on most…
Continue Reading Big tech firms ramp up remote working orders to prevent coronavirus spread
Big tech companies are asking more employees to work from home as the novel coronavirus outbreak continues to spread. Facebook, Google, Twitter and…
Continue Reading Coronavirus could hurt Boeing more than the 737 Max crisis
The 737 Max crisis has been the worst event in Boeing’s history. At least until now. The problems with the jet cost 346 lives, at least $18.7…
Continue Reading NBA suspending its season is a serious blow to its TV partners
The NBA’s announcement it was suspending its season after a player preliminarily tested positive for coronavirus sent shockwaves throughout the…
Continue Reading Adidas and Beyoncé will release more Ivy Park gear this year
Fans of Beyoncé’s Ivy Park x Adidas sports apparel line can look forward to seeing more of her popular clothing hit stores later this year,…
Continue Reading Norwegian Air lays off 50% of workers after Trump travel ban
Airline stocks tumbled Thursday after President Donald Trump imposed a 30-day ban on travel from most of Europe, increasing the risk that carriers…
Continue Reading ‘F9’, the next Fast and Furious film, has been delayed until next year due to coronavirus
Fast and Furious, one of the most popular movie franchises in Hollywood, is delaying its next film until 2021 due to the coronavirus outbreak. The…
Continue Reading European stocks suffer worst day in history as coronavirus panic grows
European stocks had their worst day in history Thursday as fears mounted over economic fallout from the novel coronavirus and measures taken by the…
Continue Reading Starbucks may limit seating at some stores because of coronavirus
Starbucks may limit seating and keep only its drive thrus open in response to the coronavirus, CEO Kevin Johnson said Thursday. “While we are…
Continue Reading Oil prices keep tumbling, with no sign of stopping
An epic battle between Russia and Saudi Arabia. Shrinking demand for jet fuel, gasoline and diesel. And now an unprecedented travel ban between the…
Continue Reading Do you really need new clothes every month? Subscription box novelty has worn off
In the last 10 years, subscription box services have figured out how to bring whatever your heart desires right to your mailbox in a neatly curated…
Continue Reading Most Neiman Marcus Last Call outlet stores are closing
Neiman Marcus is shutting down most of its Last Call stores, the discount offshoot owned by the luxury retailer. The Dallas-based company announced…
Continue Reading The day coronavirus became real for millions of Americans
A version of this article first appeared in the “Reliable Sources” newsletter. Wednesday, March 11, 2020. That’s the day the…
Continue Reading Health care real estate could be a coronavirus safe haven
It’s hard to imagine many stocks will do well through the coronavirus pandemic. But health care stocks and real estate investment trusts tend…
Continue Reading Trump’s coronavirus speech has sent stocks into freefall
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. US President…
Continue Reading Taco Bell introduces toasted breakfast burritos to fend off Wendy’s and McDonald’s
Taco Bell is stepping into the breakfast wars. Starting Thursday, the chain began selling a new line of pressed breakfast burritos. Three items are…
Continue Reading China boasts massive car and aviation markets. Both collapsed in February
China’s automotive and aviation industries suffered historic drops in activity in February as the government locked down cities and restricted…
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5 things to know for March 12: Coronavirus, US census, Saudi Arabia, Weinstein, Iraq
It’s official: The World Health Organization has classified the novel coronavirus as a pandemic. Here’s what you need to know to Get Up…
Continue Reading Insurance group says systems like Tesla Autopilot and GM’s Super Cruise need safety regulations
The Insurance Institute for Highway Safety is calling for the creation of safety regulations of partially automated driver assistance systems, like…
Continue Reading Modell’s Sporting Goods files for bankruptcy and will close all stores
Modell’s Sporting Goods filed for bankruptcy Wednesday and will close all of its 153 stores in the northeast. Modell’s, a family-owned…
Continue Reading Coronavirus forces sports world to make clear that TV increasingly calls the shots
Concerns about coronavirus have forced the sports-TV world into a rather uncomfortable position: Admitting that having fans in the stands is less…
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Dow plunges 1,400 points into bear market after selloff from coronavirus fears
NEW YORK, New York — Stocks tumbled again Wednesday as fears about the economic damage from the coronavirus intensified and investors questioned…
Continue Reading Consumers snap up PhoneSoap to sanitize cell phones as coronavirus outbreak spreads
Whatever you touch with your hands — food, bacteria, dust — can be transferred to your cell phone, making it a mobile petri dish possibly…
Continue Reading Colbert, Fallon and other late night shows to go without audiences because of coronavirus
Some of the most popular late night shows, including “The Late Show with Stephen Colbert,” “Last Week Tonight with John…
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The S&P 500 briefly dipped into bear market territory: Here’s what that means
The Dow and S&P 500 both fell more than 20% from their recent highs Wednesday in light of coronavirus fears, but only the Dow closed the day…
Continue Reading The S&P 500 briefly dipped into bear market territory: Here’s what that means
The Dow and S&P 500 both fell more than 20% from their recent highs Wednesday in light of coronavirus fears, but only the Dow closed the day…
Continue Reading The longest bull market … and longest expansion in history are in danger
The longest-running bull market and economic expansion in American history are under siege from a one-two punch that few saw coming. First, the…
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