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The global automobile industry is peering into an electric future, possibly the most profound turning point in a century, certainly since the 2009 financial crisis. But there are.....»»

Another financial crisis, this time sparked by rising corporate and sovereign debt, is a risk, said former Bank of England Governor Mervyn King......»»

Financial markets are set to parse news that U.K. and EU leaders agreed that they should go “the extra mile” to try to find a compromise on a trade deal, following a Sunday phone conversation......»»

Getty Images/Jessica McGowan Morgan Stanley sees signs that the global econ.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Germany's Thyssenkrupp expects the coronavirus crisis to cause a new financial squeeze, scuppering hopes that selling its elevator business would deliver a swift cash respite for the embattled firm, its management board told staff in a letter......»»

Jamie Dimon said the coronavirus pandemic will lead to a major economic downturn and stress mirroring the meltdown that nearly brought down the U.S. financial system in 2008. “At a minimum, we... To view the full story, click the title link......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Americans should receive cash payments within three weeks to help offset the financial hardships of the coronavirus crisis, Treasury Secretary Steve Mnuchin said, adding that the record jobless claims announced Thursday are not relevant......»»

The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should recover in 2021, the International Monetary Fund said on Monday......»»

The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-09 but world economic output should recover in 2021, the International Monetary Fund said Monday......»»

The former Treasury official who was in charge of the $700 billion government response to the 2008 financial crisis tells 60 Minutes what tools the Federal Reserve can use to combat the economic stress being caused by COVID-19......»»

The former Treasury official who was in charge of the $700 billion government response to the 2008 financial crisis tells 60 Minutes what tools the Federal Reserve can use to combat the economic stress being caused by COVID-19......»»

Goldman Sachs said it expected global real gross domestic product to contract by about 1% in 2020, a sharper economic decline than in the year following the 2008 global financial crisis......»»

J.P. Morgan sees a sharp contraction in the U.S. economy before a return to growth in the second-half of the year......»»

Southwest Airlines is following the lead of other airlines in suspending 2020 financial guidance and slashing capacity as the coronavirus takes an unprecedented toll on commercial aviation. Dallas-based Southwest Airlines Co. (NYSE: LUV) has rece.....»»

The Treasury could issue coronavirus bonds, much like it issued Liberty Bonds after World War I, the September 11th terror attacks and Build America Bonds following the 2008 financial crisis......»»

Goldman Sachs Group Inc. strategists expect stocks to stage a powerful recovery from their worst sell-off since the 2008 financial crisis, but only after suffering more declines first. Global... To view the full story, click the title link......»»

U.S. Treasury Secretary Steven Mnuchin on Tuesday said he supports the Federal Reserve's decision to cut interest rates in response to the fast-spreading coronavirus, its first emergency rate cut since 2008 at the height of the financial crisis......»»

Treasury yields came off lows on Monday amid expectations for major central banks to prop up financial conditions, following the worst week for U.S. equities since the 2008 financial crisis......»»