SVA

Coronavirus Lockdowns Trigger Big Drop in Consumer Prices

U.S. consumer prices in April posted their largest monthly decline since the last recession after energy prices collapsed and efforts to contain the new coronavirus disrupted demand for a wide array...

The Mortgage Market Never Got Fixed After 2008. Now It’s Breaking Again.

The coronavirus pandemic has delivered a gut punch to the economy, and the mortgage market is particularly exposed.

ADP says 20.2 million private-sector jobs lost in April amid coronavirus crisis

Private-sector companies shed a whopping 20.2 million jobs in April as many were forced to shutter during a nationwide shutdown to slow the coronavirus, underscoring the biggest crisis for the U.S....

Global Deaths from Coronavirus Pass 251,000

Confirmed deaths world-wide from the new coronavirus reached more than a quarter of a million people, a milestone in the pandemic as several hard-hit countries moved toward reopening.

Warren Buffett Says ‘American Magic’ to Overcome Coronavirus Uncertainty

Berkshire Hathaway’s annual meeting kicked off Saturday with Warren Buffett offering reassurance that the U.S. economy will recover steadily from the coronavirus pandemic.

Fed Chair Powell: Second quarter will be "worse than anything we've ever seen"

U.S. central bank chief predicts an unprecedented drop in economy activity for the next few months.

Airbus chief executive warns plane maker is ‘bleeding cash’ and says ‘survival at stake’

Airbus Chief Executive Guillaume Faury tells employees in a letter that plane maker is “bleeding cash at an unprecedented speed.”

Dow jumps more than 200 points as oil extends rebound, but posts first weekly loss in three

Stocks rose on Friday as oil prices clawed back even more of their historic losses from earlier in the week.

U.S. Stocks Drop Along With Oil Prices

U.S. stocks slid to start another potentially volatile week as investors continued to try to gauge the extent of the economic damage from the coronavirus pandemic.

US airlines, Treasury Department reach agreement billions in aid

US airlines and the Treasury have reached agreements on billions in coronavirus aid as the virus roils travel demand.

How to Make Sense of This Crazy Market? Look to the Numbers.

Stock investors are beginning to act like the worst is over in the coronavirus-fueled market rout. Those who rely on technical indicators such as moving averages beg to differ.

States Move to Coordinate on Reopening Plans

Governors across the U.S. said they plan to coordinate regional efforts to reopen businesses and ease social-distancing guidelines, even as President Trump said he had the ultimate authority to...

Coronavirus Vaccine Could Be Ready in Six Months: Times

Dow falls 300 points, but Netflix leads Nasdaq into the green

The Dow Jones Industrial Average and the S&P 500 fell for the first time in three sessions as investors braced for the earnings season.