Pandemic fears send investors running as Wall St. confirms correction

Wall Street's main indexes plunged on Thursday for the sixth straight session, with the S&P 500 confirming its fastest correction in history as the rapid global spread of coronavirus intensified worries about economic growth. from Reuters: Money Ne...

Confidence returning for UK consumers and companies - surveys

Confidence among British consumers hit its highest level in 18 months in February, and there were fresh signs that companies have also become more positive since December's election, surveys showed. from Reuters: Money Ne...

Global shares head for worst week since 2008 financial crisis

Global share prices headed for the worst week since the darkest days of the world financial crisis in 2008 as investors braced for the coronavirus to become a pandemic and rapidly spread around the world. from Reuters: Money Ne...

Facebook cancels developer conference as tech companies respond to virus

Facebook Inc said on Thursday it would cancel its annual developer conference due to fears over the coronavirus, as growing concerns about the economic impact of the global outbreak drove Wall Street to tumble for a sixth straight day. from Reuters: Money Ne...

Europe looking for positive signal from U.S. on trade - EU lawmaker

The European Union hopes to de-escalate trade tensions with the United States but wants Washington to lower steel tariffs or make another goodwill gesture after a series of concessions by Brussels in recent years, a top EU lawmaker said Thursday. from Reuters: Money...

Wall St. falls more slowly as investors parse coronavirus fears

The S&P 500 fell for a fifth straight day on Wednesday and while its decline was slower than the last few days, the session was volatile as investors reacted to headlines about coronavirus and sought to gauge its economic fallout. from Reuters: Money Ne...