Investors are trying to guess how much economic damage the coronavirus will ultimately inflict.
coronavirus
Posted inBusiness, Nation & World, News
Economic toll of coronavirus becoming clear, duration unknown
The Dow is plunging again and other major indexes like the S&P 500 and the Nasdaq are suffering greater percentage declines.
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Posted inNation & World, News
Trump signs $8.3 billion bill to combat coronavirus outbreak in U.S.
The legislation provides federal public health agencies with money for vaccines, tests and potential treatments.
Posted inBusiness, Health, Local & State, News
Coronavirus fears clear store shelves of masks, sanitizers, wipes
Mainers are buying up products that many believe could help keep the illness’s germs in check.
Posted inNation & World
U.S. labs await virus-testing kits promised by administration
U.S. senators who were briefed on the plan said it could take days or weeks before thousands of medical personnel are trained to run the tests.
Posted inNation & World
‘This is not a drill’: WHO urges the world to fight virus
The World Health Organization is urging global governments to pull out all the stops against the new virus
Posted inNation & World
Cruise ship is held off California coast for virus testing
The U.S. death toll from the coronavirus climbed to 12 on Thursday and the number of infections swelled to over 200, scattered across 19 states.
Posted inBusiness
To gauge economic damage from virus, watch for U.S. jobs data
Widespread layoffs can transform slowdowns in just one or two sectors – the travel industry, say, or manufacturing – into a full-blown downturn for the overall economy.
Posted inSports
Fear of unknown looms in sports as virus spreads
Nobody knows just how much the coronavirus will spread and how much it will disrupt American sports or American society.
Posted inBusiness, Local & State, News
Economic impact of coronavirus cuts into Wex revenue projections
The Portland-based company expects earnings to be down at least 2% for the first three months of this year.