ECONOMY

Economy

Dow Dives 1,400 Points, Entering Bear Market, As Coronavirus Fears Grow

5:38pm March 11, 2020

by Avie Schneider

Major stock indexes were down around 20% from their peaks in February, signaling an end to the 11-year bull market as investors fear the worst about the coronavirus pandemic.

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Administration, Congress Consider Coronavirus Stimulus As Dow Enters Bear Market

5:18pm March 11, 2020

by Scott Horsley

The Trump administration and Congress look to shore up the U.S. economy in the face of the coronavirus pandemic. But details have been slow to emerge, and nervous investors continue to dump stocks.

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Linda Nalbandian and her children on a previous cruise. The family has struggled to decide whether to cancel an upcoming vacation in April.

Ditching A Dream Cruise Vacation Is Painful Call

1:51pm March 11, 2020

by Chris Arnold

Thousands of people who booked vacation cruises are considering canceling. The federal government has taken the unusual step of advising people not to take a cruise given the coronavirus outbreak.

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President Trump met with hospital CEOs and insurance executives before traveling to Capitol Hill to meet with Senate Republicans to talk about plans to stimulate the economy.

NIH Official Urges Vigilance On Coronavirus As White House Floats Economic Proposals

7:55pm March 10, 2020

by Brian Naylor

"As a nation, we can't be doing the kinds of things we were doing a few months ago," NIH official Anthony Fauci said. President Trump and Vice President Pence are discussing options with lawmakers.

President Trump Meets With GOP Senators To Discuss Coronavirus Economic Response

5:20pm March 10, 2020

by Claudia Grisales

President Trump met with Senate Republicans Tuesday on Capitol Hill to discuss economic measures to boost markets that have been battered by uncertainty around coronavirus.

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U.S. stock indexes rose nearly 5% Tuesday, after the market's worst day since 2008.

Economy

Dow Bounces Back, Jumping More Than 1,100 Points After Market's Terrible Day

5:18pm March 10, 2020

by Avie Schneider

Stock indexes rose nearly 5% after the market's worst day since 2008. The jump followed President Trump's call for a payroll tax cut and other steps to help the economy amid the coronavirus epidemic.

The Coronavirus' Impact On Financial Markets And The Economy

12:19pm March 10, 2020

by Scott Horsley

The outbreak has caused turmoil in the stock market. Monday was Wall Street's worst day in more than a decade. After the markets closed, President Trump said he's going to ask Congress for help.

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A shopper passes empty shelves usually stocked with toilet paper in a supermarket

Is The Economy Coming Down With Something?

12:06pm March 10, 2020

Planet Money's roundup of a crazy few days in economic news.

News Brief: Coronavirus Effects Spread, Democratic Primary

6:02am March 10, 2020

The global economy is hit hard by the coronavirus. Italy's prime minister says the entire country is a coronavirus "red zone." And, 6 states hold contests Tuesday in the Democratic presidential race.

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President Trump Announces Economic Relief Measures Responding To Coronavirus Outbreak

8:00pm March 09, 2020

President Trump spoke Monday night about the coronavirus outbreak, announcing a payroll tax cut, help for hourly wage earners and loans for small businesses. Vice President Mike Pence also spoke.

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