Economy Week Ahead: First Glimpse of Pandemic's Effect on U.S. Payrolls
Economic data out this week are expected to reflect efforts to contain-and rebound from-the novel coronavirus pandemic.
U.S. Stock-Index Futures and Oil Decline
U.S. stock-index futures, global equities and oil prices fell after a roller-coaster ride last week that marked the Dow Jones Industrial Average's biggest weekly gain since 1938.
Singapore Central Bank Eases Currency Policy Amid Covid-19 Pandemic
UPDATED: The Monetary Authority of Singapore eased its currency policy on Monday, citing severe contractions in the local and global economies caused by the Covid-19 pandemic.
U.S. Extends Social-Distancing Guidelines Until End of April
President Trump said he was extending the administration's social-distancing guidelines for another 30 days through the end of April, after saying for days that he was hoping to open up the country in the coming weeks.
BOJ Eases Criteria for Current Account Transactions Amid Virus Fight
The Bank of Japan said Monday that it eased the criteria for commercial banks that hold a current account at the central bank, the latest attempt to support financial intermediation functions.
Coronavirus Pushes Some Emerging Markets to Brink of Default
As investors fled emerging-market bonds in recent weeks in favor of haven assets, bond yields for the most vulnerable economies have skyrocketed.
Alaska Air Group, Ford Motor, CVS Health: Stocks That Defined the Week
Here are seven major companies whose stocks moved on this week's news.
U.S. Rebuffs Calls to Close Stock Market
The S&P 500 has fallen 25% since mid-February and volatility has been unprecedented.
Fed Considering Additional Support for State, Local Government Finance
Federal Reserve officials are reviewing new ways to support financing for state and local governments, many of which are on the front lines of the coronavirus pandemic and will face huge borrowing needs as revenues plunge.
Stocks Drop, But Finish the Week With Big Gains
U.S. stocks closed lower but held on to big weekly gains as the House sent an economic rescue package to President Trump and the U.S. overtook China as the country with the most cases of coronavirus.