As the novel coronavirus continues to spread beyond China, the U.S. military announced its first confirmed case and commanders across the globe braced for the worst. The military had remained virtually untouched by the virus until this week. But late Tuesday U.S. Forces Korea announced that a 23-year-old male soldier stationed at Camp Carroll in […]
Sen. Elizabeth Warren continued to remake herself as a combative debater in Tuesday’s Democratic face-off in Charleston, S.C., and once again her target was former New York City Mayor Mike Bloomberg. Within minutes of the start of the debate she had indicted Bloomberg for his past support of Republicans and his treatment of women at […]
WASHINGTON — Top officials in the Trump administration struggled on Tuesday morning to justify their response to the growing threat of the coronavirus, which has sickened at least 80,423 people around the world and killed at least 2,712. Having spread well beyond its origin in the city of Wuhan in China, COVID-19, as the disease […]
Dine Brands Inc.’s restaurant chains had divergent results for the fourth quarter, driving mixed reactions from analysts. IHOP reported same-restaurant sales growth of 1.1%. But at Applebee’s, same-restaurant sales were down 2.5%. Overall, Dine Brands DIN, -8.14% reported a profit beat, but revenue missed expectations. Dine Brands also raised its dividend 10% to 76 cents […]
Author and personal-finance expert Suze Orman had a simple two-word answer to the question of how to react to a market that just shed more than 1,000 points on the back of growing uncertainties, including the spread of the coronavirus outbreak. ‘I rejoice.’ Orman said Monday on CNBC that investors should stay the course and […]
There’s something different about the threat COVID-19 poses to the global economy. And that’s what has investors worried. “Because of its genesis in China, coronavirus is both a demand and a supply shock to the global economy,” said Brian Nick, chief investment strategist at Nuveen, in a Tuesday note. Coronavirus update: CDC official says virus […]
U.S. Treasury yields plunged on Tuesday as concerns around the COVID-19 outbreak sent stocks swooning and government bonds rallying, with the 10-year benchmark yield falling to its all-time low. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -2.55% fell 4.9 basis point to 1.328%, its lowest close in history. The benchmark rate fell […]
A day after U.S. stock benchmarks recorded their biggest one-day selloff in two years, investors are taking shelter in the deepest, most liquid haven asset in the world — U.S. Treasurys. Fears the COVID-19 outbreak could delay a global economic recovery for longer than expected has drawn investors to government bonds. But broader, long-term factors […]
The niece of Lori Vallow, the Idaho mom who was arrested last week, months after two of her children vanished, knows where the children are, the niece’s ex-husband alleges in court documents related to the couple’s custody fight over their own children. Brandon Boudreaux says in the petition filed in Arizona that he has “serious […]
• More than 77,600 confirmed cases in China, death toll reaches 2,663 • Iran’s Deputy Health Minister tests positive for virus • WHO: Coronavirus not a pandemic yet • White House seeks $2.5 billion for coronavirus • Italy hardest hit in Europe with 283 cases President Donald Trump defends $2.5B coronavirus request President Donald Trump […]