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U.S. consumer sentiment rose unexpectedly in early May after a record plunge a month earlier as emergency assistance payments improved household finances hurt by mass layoffs from the coronavirus crisis, a survey released on Friday showed......»»

Shares of Hertz Global Holdings Inc. fell late Monday after the car rental company posted a wider-than-expected first-quarter loss, saying that results were "significantly impacted by COVID-19 pandemic." Hertz said it lost $356.....»»

Airbus on Wednesday posted a 49% slump in first-quarter core profit and called for an industry-wide campaign to restore confidence in flying after the coronavirus pandemic triggered the "gravest crisis the aerospace industry has ever known"......»»

The S&P 500 and Nasdaq erased early gains on Tuesday as a plunge in consumer confidence underlined the extent of the economic damage from the coronavirus pandemic, while healthcare stocks slumped after a sales warning from Merck......»»

Credit Suisse Group AG posted a 75% rise in first-quarter net profit on Thursday, even as it cautioned the global coronavirus pandemic could impact performance in coming quarters......»»

Las Vegas Sands Corp posted a loss for the first quarter compared to a year-ago profit, as the coronavirus pandemic slammed gaming revenue at the casino operator......»»

U.S. homebuilder sentiment plunged in April to the lowest level in more than seven years as the coronavirus pandemic kept potential buyers quarantined and paralyzed construction in much of the... To view the full story, click the title link......»»

Asian shares and Wall Street futures fell on Wednesday in the first trading session of the quarter as the coronavirus pandemic and the prospect of a global recession tore through investor confidence......»»

April will pose a crucial test for stock-market investors looking for signs the worst of the market carnage triggered by the global COVID-19 pandemic is past as the outbreak continues to claim lives and promises historic, near-term economic pain......»»

Global airlines warned on Tuesday that many carriers may not survive a record cash squeeze in the second quarter, as revenues and traffic plunge because of the coronavirus crisis......»»

Consumer confidence leaped again in April to a 14-month high as rising vaccinations, falling coronavirus cases and a resurgent U.S. economy eased pandemic-related anxieties, a new survey showed. The index of consumer confidence climbed to 121.7 from 109......»»

Sprouts Farmers Market Inc. put up record earnings numbers in 2020, despite the global pandemic that stalled the economy in most sectors. The Phoenix-based specialty grocer released its earnings for the fourth quarter and the full year of 2020 on.....»»

Global demand for gold fell last year to its lowest level since 2009, as the coronavirus pandemic drove weakness in consumer demand for the precious metal, the World Gold Council reported Thursday......»»

Brinker International Inc. posted better-than-expected earnings for its fiscal second quarter on Wednesday, despite the continued impact of the coronavirus pandemic on its Chili's and Maggiano's rest.....»»

Cincinnati-based consumer goods giant Procter & Gamble saw a surge in sales amid the continuing coronavirus pandemic, which led to nearly $4 billion in profit in its most recent quarter. Consumer spending fueled by Covid-19 saw P&G (NYSE: PG) re.....»»

Layoffs in the U.S. rose in November to a five-month high as a record spurt of coronavirus cases slammed hotels and restaurants again and undermined the economic recovery......»»

The index's current valuation "appears extreme," but mostly because stock fundamentals were slammed by the coronavirus pandemic, the strategist said. Spencer Platt/Getty Images The S&P 500's valuation may sit near historic highs but histo.....»»

U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»

U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»

U.S. retail sales likely endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»