Global markets fall sharply as virus cases spread past Asia
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks fell sharply Monday, following a sell-off in overseas markets, as a surge in virus cases and a worrisome spread of the disease outside China sent investors running for safety. The Dow Jones Industrial...
China’s Huawei debuts latest version of folding phone
LONDON (AP) — China's Huawei unveiled its latest folding smartphone Monday and its first such device to be available internationally, competing in a niche category with new models from Samsung and Motorola. The company took the wraps off the new Mate Xs by video...
Warren Buffett’s Top Advice in Times of Excessive Panic
The coronavirus has become unstoppable. Globally, 78,442 people have been infected and more than 2.456 have already died. And, according to Dr. Nancy Messonnier, director of the National Center for Immunization and Respiratory Diseases, “This new virus represents a...
How Top Investors Have Been Trading the Coronavirus Panic
The coronavirus has become unstoppable. With no vaccines, there’s a race to develop something, anything to stop the spread. Globally, 78,442 people have been infected and more than 2.456 have already died. And, according to Dr. Nancy Messonnier, director...
Stress, rumors, even violence: Virus fear goes viral
By FOSTER KLUG Associated Press TOKYO (AP) — You might have heard that the fear of a new virus from China is spreading faster than the actual virus. From earnest officials trying to calm a building panic. From your spouse. From the know-it-all who rattles off the many...
Stocks fall, bond prices rise as investors seek safe ground
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks fell in midday trading Friday and bond prices rose as investors fretted about more signs that a viral outbreak was spreading and a report showing a sudden weakening in U.S. business activity. Renewed...
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Breaking: Senator Says CDC about to Confirm Third Coronavirus Case
The coronavirus has gone global. To date, 26 people around the world have now died, and another 900 have been affected around the world. Chinese hospitals have been “overwhelmed.” Public transportation is being closed down to prevent the spread. Lunar New Year...
China Just Quarantined Another City on Outbreak Fears
So much for hopes for containment. After praising China's efforts to contain the virus, the WHO Director General announced that the emergency committee would delay its decision on whether to declare the coronavirus a major health emergency of international concern...
High Risk: Fears Grow Coronavirus May Mutate and Spread
A new coronavirus is quickly spreading throughout China. At the moment, 17 people have now died, with 548 confirmed infections. The situation has become so dire the World Health Organization (WHO) may declare an international public health emergency as early as...
China’s Coronavirus Could Hurt the Global Markets
The virus has already killed six people and made hundreds of people ill. Consumers are reeling from the news that a new virus is quickly spreading across China. The coronavirus, which is also dubbed “Wuhan pneumonia” has already killed six people and has infected over...
Travel Warning: WHO May Declare Public Health Emergency
China is again battling the spread of a SARS-like coronavirus. In fact, a mysterious Wuhan virus is sweeping across Asia and has already infected more than 300 people with authorities worried it could only get worse. “The outbreak of a SARS-like coronavirus in Wuhan...
This Typically Happens Right Before Presidential Elections
We could see higher highs this year. The economy is still strong. Phase one of the trade war is a done deal. Phase two is now underway with the U.S. demanding an end to China subsidizing its state-owned enterprises to end what the U.S. calls...
Here’s What’s in the Phase One Deal with China
It appears phase one is a done deal. Vice Premier Liu He will soon visit Washington D.C. to sign after the two sides said on Dec. 13, 2019 they had reached an agreement where China will substantially increase its purchases of U.S. agricultural products, pledge not to...
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Disinfecting wipes, conference calls: Wall Street winners
By STAN CHOE AP Business Writer NEW YORK (AP) — Stay indoors and stay clean. That's what Wall Street is betting people around the world will do given all the fears about a rapidly spreading virus. As stock markets tumble on worries about how much COVID-19 will harm...
Global markets fall sharply as virus cases spread past Asia
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks fell sharply Monday, following a sell-off in overseas markets, as a surge in virus cases and a worrisome spread of the disease outside China sent investors running for safety. The Dow Jones Industrial...