🛑 U.S. stocks collapse at the open, with the S&P 500 plunging 7% triggering a market-wide halt in trading: https://bloom.bg/2IILoSm
💶 The European Central Bank has pledged stimulus to help support the euro-zone economy during the coronavirus outbreak: https://bloom.bg/33h7zsj
🧳 Travelers face steep losses for coronavirus cancellations, and great bargains for those brave enough to book now: https://bloom.bg/2IHfB4w
💶 The European Central Bank has pledged stimulus to help support the euro-zone economy during the coronavirus outbreak: https://bloom.bg/33h7zsj
🧳 Travelers face steep losses for coronavirus cancellations, and great bargains for those brave enough to book now: https://bloom.bg/2IHfB4w
📉 Asian stocks plunged after Wall Street's worst session since 1987. Korean and Indonesian equities triggered trading halts, and Japan's Nikkei sank 10%. https://bloom.bg/3cXlb0a
🌏 Asia battled the coronavirus for two months before the WHO declared it a pandemic. Here’s what health officials in the U.S. and Europe can learn from the region’s experience: https://bloom.bg/38MPh3o
📩 As you can tell from all the virus-related messages we’ve sent here, we’re tracking the latest on the outbreak and the global response. Sign up here for our daily newsletter on what you need to know: https://bit.ly/2xuluPT
🌏 Asia battled the coronavirus for two months before the WHO declared it a pandemic. Here’s what health officials in the U.S. and Europe can learn from the region’s experience: https://bloom.bg/38MPh3o
📩 As you can tell from all the virus-related messages we’ve sent here, we’re tracking the latest on the outbreak and the global response. Sign up here for our daily newsletter on what you need to know: https://bit.ly/2xuluPT
💉 A new coronavirus test that can assess 4,128 patients a day, a 10-fold increase from existing technologies, got emergency approval from the U.S. government. https://bloom.bg/2Wbvo3e
☀ Will warm weather curb the virus? This is what the experts say. https://bloom.bg/2QeFHzX
📈 U.S. equity futures jumped with European stocks, helping stabilize markets following the worst Wall Street session since 1987. https://bloom.bg/2W9YC2p
☀ Will warm weather curb the virus? This is what the experts say. https://bloom.bg/2QeFHzX
📈 U.S. equity futures jumped with European stocks, helping stabilize markets following the worst Wall Street session since 1987. https://bloom.bg/2W9YC2p
Bloomberg.com
New Coronavirus Test 10 Times Faster Is FDA Approved
U.S. health regulators have approved a new coronavirus test that will speed up by tenfold the ability to test patients, helping solve a significant obstacle to American efforts to contain the virus.
🚨Trump plans to declare a national emergency over the coronavirus outbreak, opening the door to more federal aid for states and municipalities: https://bloom.bg/39PQsjZ
📈 U.S. markets rebounded Friday as investors see signs policy makers around the world are taking action to stave off the economic fallout from the coronavirus. Oil jumped: https://bloom.bg/2WcOpCj
😷 Officials are racing to control the coronavirus outbreak in the U.S. and cancelling marquee events across the country. This is how Austin is coping with the lost of SXSW: https://bloom.bg/33hyHrh
📈 U.S. markets rebounded Friday as investors see signs policy makers around the world are taking action to stave off the economic fallout from the coronavirus. Oil jumped: https://bloom.bg/2WcOpCj
😷 Officials are racing to control the coronavirus outbreak in the U.S. and cancelling marquee events across the country. This is how Austin is coping with the lost of SXSW: https://bloom.bg/33hyHrh
🇺🇸 The Federal Reserve took major steps to save the U.S. economy from the fallout of the coronavirus outbreak, slashing its benchmark rate to near zero and promising a massive bond-buying program.
President Donald Trump, who has attacked the Fed for not lowering rates faster and further, quickly expressed support for the move, saying it made him "very happy." https://bloom.bg/2TPYQKy
✈️ It’s hard to know how long the effects of the virus will last, but it will certainly change how we shop, travel and work for years to come. https://bloom.bg/2Wkfl3d
President Donald Trump, who has attacked the Fed for not lowering rates faster and further, quickly expressed support for the move, saying it made him "very happy." https://bloom.bg/2TPYQKy
✈️ It’s hard to know how long the effects of the virus will last, but it will certainly change how we shop, travel and work for years to come. https://bloom.bg/2Wkfl3d
👎 "They blew it": Wall Street reacts to the Fed's emergency rate cut. https://bloom.bg/33qHabB
✈ Coronavirus will bankrupt most airlines by the end of May unless governments and the industry take coordinated action, an aviation consultant warned. https://bloom.bg/39TYZCx
🏠 Asking prices for U.K. homes rose to a record in March as the market appeared undented by the virus outbreak. https://bloom.bg/33kA9cx
✈ Coronavirus will bankrupt most airlines by the end of May unless governments and the industry take coordinated action, an aviation consultant warned. https://bloom.bg/39TYZCx
🏠 Asking prices for U.K. homes rose to a record in March as the market appeared undented by the virus outbreak. https://bloom.bg/33kA9cx
Bloomberg.com
‘They Blew It’: Wall Street Reacts to Fed’s Emergency Cut
The Federal Reserve’s shock interest-rate cut and bond-buying program rippled through global markets on Monday, with the S&P 500 Index briefly wiping out all of the gains during 2019’s rally and Treasury yields plunging at the start of what promises to be…
📉 U.S. stocks fell more than 10% to start the day as investors fled risk assets amid the mounting economic toll of the coronavirus outbreak: https://bloom.bg/3aXZ87P
💻 The U.S. Health and Human Services Department suffered a cyber-attack on its computer system Sunday night during the nation’s response to the coronavirus pandemic: https://bloom.bg/2Wj2bU4
😷 A 10-minute coronavirus test for $1 could be game changer: https://bloom.bg/33p1gTv
💻 The U.S. Health and Human Services Department suffered a cyber-attack on its computer system Sunday night during the nation’s response to the coronavirus pandemic: https://bloom.bg/2Wj2bU4
😷 A 10-minute coronavirus test for $1 could be game changer: https://bloom.bg/33p1gTv
🌏 As the world struggles with the rapid spread of Covid-19, it could learn some lessons from how Hong Kong handled things: https://bloom.bg/2x4LD80
📉 Investors are looking out for more fiscal stimulus and signs the virus is on the wane after the worst rout in U.S. stocks since 1987: https://bloom.bg/2w1yP21
🔍 Meanwhile, North Korea claims it has zero cases of coronavirus. Experts see a different picture:
https://bloom.bg/2IRggAb
📉 Investors are looking out for more fiscal stimulus and signs the virus is on the wane after the worst rout in U.S. stocks since 1987: https://bloom.bg/2w1yP21
🔍 Meanwhile, North Korea claims it has zero cases of coronavirus. Experts see a different picture:
https://bloom.bg/2IRggAb
Bloomberg.com
Hong Kong Shutdown a Lesson to the World in Halting Virus
As the world struggles with the rapid spread of Covid-19, Hong Kong appears to be having success controlling it -- in part because the memory of a similar virus in 2003 prompted a public outcry early on.
💉 Europe's doctors are repeating the errors made in Wuhan, according to Chinese medics. https://bloom.bg/2vroax5
🌏 India could become the next global hotspot for virus cases, experts warned. https://bloom.bg/3b8PTlD
#⃣ Donald Trump used the phrase "Chinese Virus" in a tweet, stepping up friction between the world’s two biggest economies as each tries to deflect blame for a deadly pandemic. https://bloom.bg/3aWWsaC
🌏 India could become the next global hotspot for virus cases, experts warned. https://bloom.bg/3b8PTlD
#⃣ Donald Trump used the phrase "Chinese Virus" in a tweet, stepping up friction between the world’s two biggest economies as each tries to deflect blame for a deadly pandemic. https://bloom.bg/3aWWsaC
Bloomberg.com
Europe’s Doctors Repeat Errors Made in Wuhan, China Medics Say
As Europe’s daily new cases of the coronavirus now eclipse China’s at the peak of its epidemic, doctors in Wuhan -- the city in central China where the pathogen first emerged -- are seeing worrying signs of similar mistakes unfolding.
😷 Wall Street economists are rushing to declare the coronavirus has triggered a global recession. But how bad will it be and how long will it last? https://bloom.bg/39YgzFr
💰U.S. Treasury Secretary Steven Mnuchin is expected to seek a third round of coronavirus-related economic stimulus of $850 billion or more from Congress: https://bloom.bg/2Ws7j8m
💻 Facebook, Google, Microsoft, Twitter and Reddit said they are teaming up to provide accurate information about the coronavirus and the Covid-19 illness it causes: https://bloom.bg/2QlJT0G
💰U.S. Treasury Secretary Steven Mnuchin is expected to seek a third round of coronavirus-related economic stimulus of $850 billion or more from Congress: https://bloom.bg/2Ws7j8m
💻 Facebook, Google, Microsoft, Twitter and Reddit said they are teaming up to provide accurate information about the coronavirus and the Covid-19 illness it causes: https://bloom.bg/2QlJT0G
🌏 World leaders are stepping up their efforts to limit travel, while a new U.S. estimate puts the coronavirus mortality rate at 0.7%. https://bloom.bg/3b5WKME
📰 China has gutted the U.S. press corps in Beijing, expelling journalists from three major newspapers. https://bloom.bg/3b5oKjj
🌾 Locusts are destroying thousands of acres of crops in Pakistan. The world's fifth most populous nation is turning to China for help. https://bloom.bg/2UbmqjY
📰 China has gutted the U.S. press corps in Beijing, expelling journalists from three major newspapers. https://bloom.bg/3b5oKjj
🌾 Locusts are destroying thousands of acres of crops in Pakistan. The world's fifth most populous nation is turning to China for help. https://bloom.bg/2UbmqjY
Bloomberg
Senate Passes Relief Bill; NYSE Floors to Close: Virus Update
The U.S. Senate cleared an economic relief package that would provide paid sick leave, food assistance and financial help for virus testing. President Donald Trump invoked the Defense Production Act, allowing the government to boost manufacturing of masks…
⛔ Trump said the U.S. and Canada agreed to close the border between the two countries to non-essential traffic as coronavirus spreads: https://bloom.bg/3d9Ud5P
💰Justin Trudeau announced plans to roll out a stimulus package worth 3% of Canada’s economy: https://bloom.bg/3d7bQTH
📉 U.S. Treasury Secretary Steven Mnuchin had an ominous message for Senate Republicans: we need to pass a virus stimulus bill, or the U.S. could be looking at a 20% unemployment rate: https://bloom.bg/393ZdFM
💰Justin Trudeau announced plans to roll out a stimulus package worth 3% of Canada’s economy: https://bloom.bg/3d7bQTH
📉 U.S. Treasury Secretary Steven Mnuchin had an ominous message for Senate Republicans: we need to pass a virus stimulus bill, or the U.S. could be looking at a 20% unemployment rate: https://bloom.bg/393ZdFM
🇨🇳 China reported no new infections of the coronavirus for the first time since the start of the outbreak. But that's likely to be just a temporary reprieve.
While the epicenter of the crisis has shifted to Europe, epidemiologists are warning of a second wave of cases in China, based on patterns from other pandemics.
The nature of this particular virus also raises the risk of a resurgence. It’s harder to detect and lingers longer than the one that caused SARS in 2003.
Keep reading: https://bloom.bg/3a4pYLs
While the epicenter of the crisis has shifted to Europe, epidemiologists are warning of a second wave of cases in China, based on patterns from other pandemics.
The nature of this particular virus also raises the risk of a resurgence. It’s harder to detect and lingers longer than the one that caused SARS in 2003.
Keep reading: https://bloom.bg/3a4pYLs
💰The Trump administration is revisiting the idea of issuing ultra-long bonds as it grapples with how to finance a $1.3 trillion fiscal stimulus plan: https://bloom.bg/3dbaNlL
⛽ Oil rebounded after plunging to the lowest level in 18 years: https://bloom.bg/2xc02iM
😷 New evidence from Europe and the U.S. suggests that younger adults are falling seriously ill from the coronavirus: https://bloom.bg/38Y5l2k
⛽ Oil rebounded after plunging to the lowest level in 18 years: https://bloom.bg/2xc02iM
😷 New evidence from Europe and the U.S. suggests that younger adults are falling seriously ill from the coronavirus: https://bloom.bg/38Y5l2k
Hello 👋 Here’s what we’re reading:
🇯🇵 Has Japan dodged a bullet or is it about to be hit? An explosion of coronavirus cases was expected there, but now it’s one of the least-affected among developed nations. https://bloom.bg/3abOeM4
💰 The man who gave investors an early warning about India’s banking crisis is cautioning of a new danger for the country's $2 trillion economy. https://bloom.bg/33zaQUg
✏ The most challenging test in finance has been postponed because of the coronavirus pandemic. Candidates who were planning to take the CFA exam in June will have to wait until at least December. https://bloom.bg/2vFPUhO
🇯🇵 Has Japan dodged a bullet or is it about to be hit? An explosion of coronavirus cases was expected there, but now it’s one of the least-affected among developed nations. https://bloom.bg/3abOeM4
💰 The man who gave investors an early warning about India’s banking crisis is cautioning of a new danger for the country's $2 trillion economy. https://bloom.bg/33zaQUg
✏ The most challenging test in finance has been postponed because of the coronavirus pandemic. Candidates who were planning to take the CFA exam in June will have to wait until at least December. https://bloom.bg/2vFPUhO
👍1
🚨 The drug touted by Donald Trump as a possible line of treatment against the coronavirus can kill in dosages as little as two grams. https://bloom.bg/2WxdSGL
😃 These are the world's happiest countries — and the most miserable. https://bloom.bg/3b5fls6
📉 Bitcoin may take months to recover after its spectacular tumble last week, according to Fundstrat Global Advisors. https://bloom.bg/2Ww5Nm0
😃 These are the world's happiest countries — and the most miserable. https://bloom.bg/3b5fls6
📉 Bitcoin may take months to recover after its spectacular tumble last week, according to Fundstrat Global Advisors. https://bloom.bg/2Ww5Nm0
Bloomberg.com
Virus Drug Touted by Trump, Musk Can Kill With Just Two Gram Dose
The drug touted by the U.S. President Donald Trump as a possible line of treatment against the coronavirus comes with severe warnings in China and can kill in dosages as little as two grams.
💰Tax day in the United States is moving from April 15 to July 15, giving businesses and individuals more time to file and make payments: https://bloom.bg/391SQCU
🔼 Filings for U.S. unemployment benefits are poised to surge to a record 2.25 million this week, according to a Goldman Sachs analysis: https://bloom.bg/2wqkBYr
📈 U.S. stocks gained in a flood of trading caused by expiring options and futures contracts. The S&P 500 is headed for its first two-day advance since mid-February: https://bloom.bg/2xcwyRP
🔼 Filings for U.S. unemployment benefits are poised to surge to a record 2.25 million this week, according to a Goldman Sachs analysis: https://bloom.bg/2wqkBYr
📈 U.S. stocks gained in a flood of trading caused by expiring options and futures contracts. The S&P 500 is headed for its first two-day advance since mid-February: https://bloom.bg/2xcwyRP
📉 Real estate billionaire Tom Barrack said U.S. commercial mortgages are on the brink of collapse. He predicted a "domino effect" of catastrophic economic consequences if banks and the government don’t take prompt action to keep borrowers from defaulting. https://bloom.bg/39hZcOR
🇨🇳🇺🇸 China’s top envoy to the U.S. reaffirmed that it would be "crazy" to spread theories that the coronavirus originated in an American military lab. That’s an unusual break with China's foreign ministry, which has publicly questioned whether the virus started in the Asian country. https://bloom.bg/3betsLy
🦠 And scientists are calling for wider testing to determine the proportion of people with coronavirus who show no symptoms. https://bloom.bg/3994qwc
🇨🇳🇺🇸 China’s top envoy to the U.S. reaffirmed that it would be "crazy" to spread theories that the coronavirus originated in an American military lab. That’s an unusual break with China's foreign ministry, which has publicly questioned whether the virus started in the Asian country. https://bloom.bg/3betsLy
🦠 And scientists are calling for wider testing to determine the proportion of people with coronavirus who show no symptoms. https://bloom.bg/3994qwc
👃 A sudden, unexplained loss of smell is an early symptom reported among Covid-19 patients in South Korea, China and Italy. https://bloom.bg/2vMlYR8
💶 Europe is about to learn how badly the coronavirus has already scarred its economy. https://bloom.bg/2UtztNU
🏠 Despite unprecedented social and economic upheaval, people are still putting their mansions on the market. https://bloom.bg/2J7kF29
💶 Europe is about to learn how badly the coronavirus has already scarred its economy. https://bloom.bg/2UtztNU
🏠 Despite unprecedented social and economic upheaval, people are still putting their mansions on the market. https://bloom.bg/2J7kF29
Bloomberg.com
NBA Player’s Loss of Smell Highlights Unusual Marker of Covid-19
After National Basketball Association player Rudy Gobert caught the coronavirus, he wondered whether others had suffered the same loss of smell and taste he experienced.
🇺🇸 President Donald Trump began talking privately late last week about reopening the nation because he’s worried about the economic damage from an extended shutdown: https://bloom.bg/2J5UcSJ
⬆ CVS said it plans to hire 50,000 people in full-time, part-time and temporary jobs during the U.S. coronavirus outbreak: https://bloom.bg/2wkJlBD
🕖 As many people across the globe move to working remotely to slow the spread of coronavirus, they’re also starting to work a longer day: https://bloom.bg/2QEZBEy
⬆ CVS said it plans to hire 50,000 people in full-time, part-time and temporary jobs during the U.S. coronavirus outbreak: https://bloom.bg/2wkJlBD
🕖 As many people across the globe move to working remotely to slow the spread of coronavirus, they’re also starting to work a longer day: https://bloom.bg/2QEZBEy