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Coronavirus cases in the U.S. now exceed China. How can you choose between saving the U.S. economy and saving lives?

‘It’s appalling to attach a dollar number to a human life — for noneconomists,’ said Colin Camerer, a professor of behavioral finance and economics......»»

Category: topSource: marketwatchMar 26th, 2020

Oil falls for fifth day on demand concerns as coronavirus spreads

Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China fuelled fears of a pandemic which could slow the global economy and lower crude demand......»»

Category: topSource: reutersFeb 27th, 2020

Oil falls for fifth day as coronavirus spreads outside of China

Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China deepened fears that the global economy will slow and lower crude demand......»»

Category: topSource: reutersFeb 26th, 2020

US economy takes hit in wake of coronavirus spread

The CDC has issued a warning that the U.S. could see more cases as the coronavirus spreads outside of China. Kris Van Cleave reports......»»

Category: topSource: moneycentralFeb 26th, 2020

Visit Seattle: Coronavirus will hit tourism with sharp visitor declines from China, Japan, Korea

Visit Seattle says the city's tourism economy will take at least a $41.6 million hit, but that amount could increase if the outbreak worsens and cases increase in South Korea and Japan......»»

Category: topSource: bizjournalsFeb 25th, 2020

Stocks tumble, oil falls, gold spikes as virus fears grip markets

Stocks across the globe fell by the most since mid-2016 on Monday and oil prices tumbled as a jump in coronavirus cases outside of China drove investors to the perceived safety of gold and government bonds on fears of the impact on the global economy......»»

Category: topSource: reutersFeb 24th, 2020

Wall St. eases, led by tech decline on mounting fears coronavirus could spread

U.S. stocks fell on Thursday, led by declines in technology heavyweights, after reports of new coronavirus cases in China and other countries intensified fears over its spread and impact on the global economy......»»

Category: topSource: reutersFeb 20th, 2020

Oil firms on supply threats, easing demand woes

Oil prices rose on Thursday supported by China's efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and supply concerns in Venezuela and Libya......»»

Category: topSource: reutersFeb 20th, 2020

Oil near one-month high on supply threats, easing demand woes

Brent oil prices held near one-month highs on Thursday supported by China's efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and supply concerns in Venezuela and Libya......»»

Category: topSource: reutersFeb 20th, 2020

S&P 500, Nasdaq scale new highs on China stimulus hopes, drop in new virus cases

The S&P 500 and the Nasdaq hit fresh highs on Wednesday on signs of slowing coronavirus infections and expectations that China would take more measures to bolster its virus-hit economy......»»

Category: topSource: reutersFeb 19th, 2020

Alibaba, JD.com are hiring workers affected by the virus outbreak

The Chinese government has made saving jobs a major priority as the coronavirus outbreak disrupts businesses and sends shockwaves across the world's second biggest economy......»»

Category: topSource: moneycentralFeb 12th, 2020

Trump"s "disastrous" trade war: US needs China more than China needs it

America depends on China because of a fundamental weakness in the structure of the US economy - a profound and worrisome lack of domestic saving.....»»

Category: topSource: business-standardApr 7th, 2018

Negative interest rates would make borrowing money cheap and saving money expensive, the reverse of what we have now

Drew Angerer/Staff/Getty Images   There's speculation about the possibility of the Federal Reserve implementing negative interest rates in response to the coronavirus. Negative interest rates would resu.....»»

Category: worldSource: nytMay 24th, 2020

China reported no new coronavirus cases while Latin America becomes a new hotspot

Leo Correa/AP China reported no new coronavirus cases for the first time since authorities began tracking the pandemic.  Despite the milestone in the country that was previousl.....»»

Category: topSource: businessinsiderMay 23rd, 2020

In the largest-ever study of coronavirus cases outside China, 26% of patients died. Their symptoms came in "clusters."

Kirsty Wigglesworth/Reuters In the largest-ever study of hospitalized coronavirus patients outside China, 26% of patients died and less than half had left the hospital alive by May 3. Unlike in previous studies of this scal.....»»

Category: topSource: businessinsiderMay 23rd, 2020

China ditches its annual growth target for the first time as coronavirus hammers the world"s 2nd-largest economy

REUTERS/Wang Zhao/Pool China ditched its annual growth projection for the first time in decades in a rare move that shows the true scale of the coronavirus economic impact. Every year China sets a form.....»»

Category: topSource: businessinsiderMay 22nd, 2020

China drops growth target, pledges spending to ease coronavirus impact

China was the first economy to reopen but is struggling to revive activity.....»»

Category: topSource: foxnewsMay 22nd, 2020

Why a New Virus Cluster in China Is Triggering Alarms

A cluster of Covid-19 cases in China’s Rust Belt region has intensified worry over a second wave of coronavirus infections. The central and local leadership have instituted strict measures, including halting public transport services for more t.....»»

Category: topSource: washpostMay 22nd, 2020

Coronavirus update: Global case tally 4.7 million; China’s Xi supports WHO-backed probe of origins of pandemic — once the crisis is over

The number of cases of the coronavirus that c.....»»

Category: topSource: marketwatchMay 18th, 2020

Coronavirus update: Global case tally 4.7 million; China’s Xi supports WHO-backed probe of origins of pandemic–once it’s over

The number of cases of the coronavirus that c.....»»

Category: topSource: marketwatchMay 18th, 2020

China urges food companies to boost supplies on fears of further COVID-19 disruption

China has asked trading firms and food processors to boost inventories of grains and oilseeds as a possible second wave of coronavirus cases and worsening infection rates elsewhere raise concerns about global supply lines......»»

Category: topSource: reutersMay 17th, 2020