European consumers become discouraged as coronavirus blocks spread

LONDON – At the beginning of March, Europeans became much more somber about their economic prospects when governments across the continent announced increasingly stringent restrictions on movements and social interaction, suffering the greatest loss of confidence in one month. The European Commission – the executive arm of the European Union – said Monday that its […]

The European tax antidote to the coronavirus crisis risks deepening economic gaps

European governments have pledged hundreds of billions of euros to help coronavirus-affected economies, businesses and workers by applying tools developed during the euro crisis and putting severe bans aside on state subsidies. Stimulus moves, in addition to the increase in public spending triggered automatically during a recession, could help fiscally healthy countries, including Germany and […]

Coronavirus arrests punch the Chinese economic gut

SHANGHAI – Commercial activity in China became largely negative for the first time when home sales, construction activity, retail sales and industrial production plunged, pushing unemployment to a record high, signs of the expensive economic damage associated with trying to control the spread of coronavirus. Taken together, the data, which dates back to the first […]

The yield on 10-year US Treasury bonds falls below 1%, setting a new low record

The yield on the 10-year US Treasury note fell below 1% for the first time on Tuesday, extending a significant 2020 decline in the world’s most important interest rate market. The decline came when uncertainty about the impact of the coronavirus epidemic on the global economy continued to ripple the markets, pushing Dow’s industrialists to […]

China’s buying ratios drop to record lows as the outbreak stops

February 28, 2020 10:02 pm ET BEIJING: Official indicators of the Chinese factory and non-productive activity plummeted to record lows in February as the nation’s economy struggled to resume normal production as it faced the coronavirus epidemic. The official manufacturing purchasing managers index dropped to 35.7 in February from 50 in January, indicating a sharp […]

Coronavirus is roughening the market. Because it’s time to refinance your mortgage.

Text size STR / AFP photography To entrepreneurs who are canceling CVS and Home Depot it is preserved by antiviral surgical masks and then offers them eBay for many times the list price: we all discussed the matter and nobody likes you. That’s right, it’s actually unanimous. Thanks for bringing America together. For everyone else, […]

Bond markets signal investor nervousness about global growth

Bond markets raised new alarms on Tuesday, with the 10-year Treasury yield falling briefly below its record closing level as investors moved funds into safer assets fearing that the coronavirus epidemic could hinder growth global economy. The yield on the 10-year benchmark note fell to 1.387% on Tuesday before recovering to 1.380% after China announced […]