Dow, S&P jump as states begin coronavirus reboot
Investors usher in the week on an optimistic note.
U.S. now in recession expected to last until September, UCLA forecasts
The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.
Stock futures plunge after Fed takes emergency action
U.S. stock futures fell sharply after the Federal Reserve slashed interest rates and more companies and governments took action over the weekend to shut down European and American society in the face of the growing virus outbreak.
Oil prices surge, stocks stumble after US kills Iranian general
Stocks fell broadly on Wall Street and oil prices surged Friday after a U.S military strike killed a top Iranian general in Iraq.
Peloton faces backlash, market losses over holiday ad that company says was ‘misinterpreted’
Critics of the high-end exercise equipment maker say the ad is sexist and classist.