Scott Horsley appears in the following:
Trump 'Very Happy' With Fed Decision To Cut Interest Rates
Sunday, March 15, 2020
Trump told reporters at the White House that he's pleased with the Federal Reserve's move to cut interest rates. He also told Americans to stop panic-buying groceries as fears rise about coronavirus.
U.S. Economic Effects Of The Coronavirus Travel Ban
Saturday, March 14, 2020
The Trump administration's decision to include the U.K. and Ireland to its month-long travel ban will likely come with a big price tag for the U.S. economy.
Americans Limit Time Spent In Public Amid Coronavirus Concerns
Friday, March 13, 2020
As stores, restaurants and other businesses feel the shift to more people staying at home, stocks are tumbling and lawmakers are negotiating a possible rescue package.
Stock Market Tumbles, Trading Briefly Halts
Thursday, March 12, 2020
Stocks continued their downward slide on Thursday amid growing fears of the coronavirus. Trading was briefly halted after the S&P 500 index fell 7% in the opening minutes of trading.
White House To Provide Economic Relief To Counter Coronavirus's Effects
Thursday, March 12, 2020
President Trump says emergency action will be taken to provide financial relief for workers who are ill, quarantined, or caring for others due to the coronavirus. What does that relief look like?
Administration, Congress Consider Coronavirus Stimulus As Dow Enters Bear Market
Wednesday, March 11, 2020
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.
The Coronavirus' Impact On Financial Markets And The Economy
Tuesday, March 10, 2020
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.
President Trump Announces Economic Relief Measures Responding To Coronavirus Outbreak
Monday, 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.
Stocks Continue Downward Slide, Now Greased By Oil Prices
Monday, March 09, 2020
Stock markets were convulsed by another wave of selling Monday. So many investors headed for the exits that trading was temporarily halted in the morning. The Dow finished down 2,020 points, or 7.8%.
How Stock Market Circuit Breakers Work
Monday, March 09, 2020
Trading on the New York Stock Exchange was halted briefly Monday morning when the S&P 500 index fell 7%. Here's how these automatic circuit breakers work.
U.S. Stock Market Opens; Fears Of Coronavirus Cause Plunge
Monday, March 09, 2020
Oil markets crashed and stocks plunged on Monday as a sudden clash among the world's biggest oil producers gave already rattled investors another reason to worry about the global economy.
How Coronavirus Is Disrupting Cultural And Economic Life
Saturday, March 07, 2020
It was a roller-coaster week on Wall Street as investors struggled to understand the potential fallout from the coronavirus.
U.S. Added 273,000 Jobs Last Month, But Economists Brace For Coronavirus Impact
Friday, March 06, 2020
The increase was about 100,000 more than expected and unemployment dipped to 3.5%. The labor market appears resilient, but fears are growing that the coronavirus will take a toll on the economy.
Federal Reserve Cuts Key Interest Rate To Counter Coronavirus Risk
Tuesday, March 03, 2020
The Federal Reserve cut interest rates by half a percentage point Tuesday in an effort to shield the U.S. economy from coronavirus effects. The Dow Jones Industrial Average still fell 786 points.
Dow Plunges Nearly 800 Points, Despite Fed Rescue Attempt
Tuesday, March 03, 2020
The Federal Reserve cut interest rates by the largest amount since the 2008 financial crisis, but the emergency move failed to mollify investors worried about the coronavirus epidemic.
Jack Welch, Larger-Than-Life CEO Of GE, Dies At 84
Monday, March 02, 2020
Jack Welch, one of the United States' best-known CEOs, has died. Welch ran General Electric for two decades and built the company into one of the world's most valuable corporations. He was 84.
Wall Street's Brutal Week Slashed Nearly 3,600 Points From Dow
Friday, February 28, 2020
The U.S. stock market ended its worst week since the financial crisis with the Dow Jones Industrial Average falling 12.4%. Fed Chairman Jerome Powell promises to support the economy as necessary.
Dow Falls Nearly 1,200 Points; Stocks Now In Correction Territory
Thursday, February 27, 2020
Stocks continued their downward slide on Thursday, with major indexes falling 10% below their recent peaks. Investors worry about the economic toll of a widening coronavirus epidemic.
Dow Drops 1,900 Points In 2 Days As Markets Sell Off On Fears Of Coronavirus Spread
Tuesday, February 25, 2020
The Dow Jones Industrial Average fell 879 points. That's on top of Monday's drop, when the Dow tumbled more than 1,000 points.
Dow Tumbles More Than 1,000 Points On Fears Of Coronavirus Pandemic
Monday, February 24, 2020
U.S. stocks fell sharply Monday as investors worried about a growing number of coronavirus infections outside China, and possible fallout for the global economy.