The decision to delay the world’s largest sporting event will pose an unprecedented series of economic, political and logistical hurdles.
Tag: Economic Conditions and Trends
Stocks Unsteady as Wall Street Weighs U.S. Rescue Deal: Live Updates
Live updates on stock market and business news during the coronavirus outbreak.
Coronavirus in India: Modi Orders Total Lockdown of 21 Days
With four hours’ notice, India’s prime minister announced that no one could leave home for 21 days — the most severe step taken anywhere in the war against the coronavirus.
Stocks Inch Higher as Wall Street’s Turmoil Continues
Stocks remained volatile even as governments took steps to offset the sharp decline gripping their economies.
China Hits a Coronavirus Milestone: No New Local Infections
All of the new cases reported on Thursday involved people who had come to China from elsewhere, the government said.
Ousting U.S. Reporters, China Signals Confidence in Its Own Message
Western media once served as a useful tool. Now Beijing seeks to shape its own narrative, further widening the gulf between China and the world.
Fed Announces More Loans as Investor Alarm Persists: Live Updates
Hopes for an enormous stimulus package from Washington could not overcome worries about the world economy.
Stocks Rebound From Monday’s Collapse
Investors are still looking to Washington for a large scale effort to help businesses and workers affected by the virus outbreak.
Grim Economic Outlook Grips Markets as Stocks Plummet
Stocks dropped even as central banks tried to prop up economies, indicating the tactics that helped in past financial crises might not work against a global pandemic.
Coronavirus Could End China’s Decades-Long Economic Growth Streak
The weakness raises the possibility that the Chinese economy may have shrunk in the first quarter of this year. It would be the first contraction since 1976.