Getty Images Is China back to work? If so, is that good or bad for the global economy? Just how bad is the economic situation in China? In late February, MarketWatch interviewed Leland Miller, CEO of the China Beige Book, who warned that economic deterioration caused by the novel coronavirus was, as we put it, […]
Commercial real estate was supposed to be one of the safer bets of the past decade. But the coronavirus has turned the whole notion of “safety” on its head, emptying streets, stores, hotels, office buildings and other shared spaces, as cities race to slow its spread. Uncertainty has left creditors bracing for an avalanche of […]
MAINZ, Germany — While countries around the globe struggle to cope with the death, panic, restrictions and economic dislocation wrought by the coronavirus pandemic, a different picture has emerged in Germany. Experts are scrambling to figure out why the country has around 34,000 confirmed infections — the fifth most in the world — but far […]
Conservative supporters of President Trump are increasingly volunteering to risk death — and implicitly the deaths of elderly and at-risk Americans — from the coronavirus if it will help the economy. The push for Americans to get back to work in the face of an unprecedented economic downturn began last week but accelerated on Sunday […]
A still from a video showing a man licking store products during the coronavirus outbreak. Good Morning Britain A man accused of licking items in a Walmart store during the coronavirus outbreak has been charged with making a terror threat. Cody Lee Pfister, 26, was charged by police in Missouri’s Warren County after what they […]
New York City is barreling toward crisis at an alarming rate, with the rapid spread of the coronavirus on track to crush intensive-care units in as little as two weeks, Gov. Andrew Cuomo said on Tuesday. “We are not slowing it; it is accelerating on its own,” Cuomo said, adding that the number of COVID-19 […]
‘There really is no middle ground, and it’s very tough to say to people, “Hey, keep going to restaurants, go buy new houses, [and] ignore that pile of bodies over in the corner. We want you to keep spending because there’s maybe a politician who thinks GDP growth is all that counts.” ’ Bill Gates […]
Hi there, MarketWatchers. Stay safe and don’t miss these top stories: Personal Finance Your 401(k) and IRA could help tide you over in the coronavirus crisis, if only you could get the money without penalty Congress should immediately waive penalties and income taxes for early withdrawal from retirement plans. ‘This is such a blatant disregard […]
President Donald Trump has caused more than a few raised eyebrows in recent days as he continued to tout antimalarial drug hydroxychloroquine as a potential coronavirus treatment, despite the fact that the evidence for the drug’s effectiveness remains limited. Trump’s 2016 rival for the presidency couldn’t resist piling on: Please do not take medical advice […]
Top Democrats and Republicans on Tuesday were optimistic that a compromise coronavirus stimulus bill would be agreed to later in the day, as stocks soared on optimism over the emerging plan. Senate Majority Leader Mitch McConnell, speaking at the opening of Tuesday’s Senate session, said he believes negotiators are on “the five-yard line.” “Today we […]