Dow, S&P 500 Fall 1% on Covid-19 Concerns

New curbs on activity in New York and rising coronavirus infection levels across the U.S. triggered concerns about another blow to the economy. 


 
Fed Chair Says Rising Virus Cases Could Challenge Economic Recovery

Jerome Powell said it was too soon to say how progress in the global hunt for a Covid-19 vaccine would influence the U.S. economy, particularly given that increases in infection cases could weaken the recent economic recovery. 


 
Central Bank Leaders Embrace Climate Concerns as Key Policy Objective

Top central bank leaders said Thursday climate-change risks are an increasingly important consideration in their thinking about their respective economies and financial systems, and that environmental concerns also are increasingly a factor in their monetary policy considerations. 


 
Monthly U.S. Budget Gap More Than Doubled in October

The federal government ran a $284 billion budget deficit in the first month of the fiscal year, more than double the monthly shortfall a year ago. 


 
U.S. Cases Top 100,000 for Ninth Day Running

New U.S. cases and hospitalizations for Covid-19 both set records, and intensive-care units are coming under pressure amid an intensifying, widespread surge. 


 
States Impose Flurry of Measures as Covid-19 Cases Surge

States are slapping new restrictions on daily life as the coronavirus rages in a resurgence that some officials say is the most widespread and intense since the pandemic hit in March. 


 
Home Prices Are Rising Everywhere in the U.S.

Home prices rose in every corner of the U.S. during the third quarter, as the pandemic boosted activity in a way not seen in recent history. 


 
U.S. Consumer Prices Unchanged in October

The consumer-price index was flat in October, following four straight months of gains, a sign of subdued inflation as coronavirus cases again climbed across the U.S. 


 
Shelton Moves Closer to Senate Approval for Federal Reserve Board

If confirmed, the commentator who concedes her views are outside the mainstream of economics would fill a vacancy on the Fed board that runs through January 2024. 


 
Oil Forecasters' Gloom Eclipsed by Vaccine Hope

For the first time since March, there are silver linings to be found in the oil-demand outlook.

(END) Dow Jones Newswires

11-13-20 0315ET