Business Stories from March 6, 2020 (Change date)
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Plunging yields force investors and Fed to rethink strategyMar 06, 2020 6:00 am - WASHINGTON (AP) - The response in stock markets to the growing risk from the coronavirus has been swift and fierce. But a better gauge of fear on Wall Street may be the ...
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US added robust 273K jobs in February before virus escalatedMar 06, 2020 6:00 am - WASHINGTON (AP) - Hiring jumped in February as employers added 273,000 jobs, evidence that the economy was in strong shape before the coronavirus began to sweep through ...
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US trade deficit narrows to $45.3 billion in JanuaryMar 06, 2020 6:00 am - WASHINGTON (AP) - The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened. The Commerce ...
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US consumer borrowing up a moderate $12 billion in JanuaryMar 06, 2020 6:00 am - WASHINGTON (AP) - U.S. consumer borrowing slowed in January as borrowing on credit cards declined following a huge surge in December. The Federal Reserve said Friday tha...
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Correction: Virginia-Renewable Energy storyMar 06, 2020 6:00 am - RICHMOND, Va. (AP) - In a story March 5, 2020, about energy legislation, The Associated Press erroneously reported state regulators' estimate of rate increases associate...
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Swiss gruyere named best in world cheese competitionMar 06, 2020 6:00 am - MADISON, Wis. (AP) - A gruyere from Switzerland has been named the world's best cheese, chosen from a record number of entrants from 26 nations in the World Championship...
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Roller-coaster week ends with bond yields, stocks sinkingMar 06, 2020 6:00 am - NEW YORK (AP) - A dizzying, brutal week of trading dropped one last round of harrowing swings on investors Friday. After skidding sharply through the day as fear pounde...
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Oil price dives as OPEC, Russia fail to agree on output cutMar 06, 2020 6:00 am - VIENNA (AP) - Talks between OPEC and non-member allies like Russia ended Friday without a deal on cutting oil production to limit a drop in the price of oil as the virus...
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Global markets slide further on pessimism over virus impactMar 06, 2020 6:00 am - TOKYO (AP) - World stocks and the price of oil dropped sharply again Friday as pessimism prevailed over hopes for central bank action to counter the economic disruption ...
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JPMorgan Chase, Square fall, Big Lots, Opko Health riseMar 06, 2020 6:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Friday: JP Morgan Chase & Co., down $5.89 to $108.08. The bank said that CEO Jamie Dimon is recover...
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