U.S. Home Sales Extended Powerful Rebound Into August
Sales of previously owned homes rose in August for a third consecutive month of gains, showing that prospective home buyers remain motivated to buy despite the pandemic.
Mnuchin, Powell Urge More Spending to Help Economy Recover From Pandemic
The U.S. Treasury secretary and the Fed chairman told lawmakers that emergency loan programs to support the coronavirus-stricken economy were largely working as intended and that more government spending would be needed to sustain the recovery.
U.S. Stocks End Higher as S&P 500 Snaps Losing Streak
The recovery follows a bout of volatility that has tested investors' confidence in the market's monthslong rebound.
Congressional Leaders Debate Farm Aid Ahead of Spending Vote
Lawmakers have little time for a protracted clash over the spending legislation, since the government's current funding expires next week.
September Brings a Reality Check for Stocks
September is living up to its well-known reputation as a poor month for stocks. Investors may grow to appreciate it.
Italian Bonds Rally on Election Results
The yield on Italian benchmark 10-year debt fell on Tuesday after the nation's latest election results soothed investors' worries about its historically volatile politics and their impact on the eurozone.
Insurance Freeze Snarls U.S. Supply Chains
An obscure part of the insurance industry that helps commodities flow smoothly around the world is seizing up, presenting another obstacle to the U.S. economy's fitful recovery.
Davos Organizers Seek New Site After Postponing Meeting
The World Economic Forum won't be meeting in Davos at all in 2021 after initially postponing its annual session in January because of the coronavirus crisis, and it is now looking at other locations elsewhere in Switzerland for the gathering.
Oil Market Flies Blind as Virus Clouds Demand Outlook
Predicting oil demand has rarely been more challenging. Energy analysts are mapping out the course of the coronavirus and efforts to stop the pandemic, as well as grappling with the effects on fuel demand of an economic downturn.
U.S. Coronavirus Death Toll Tops 200,000
The U.S. death toll exceeded 200,000, as some guidelines and practices for stopping the disease's spread have been called into question.