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The U.S. economy's record run of job growth and historically low unemployment has been stopped in its tracks by the fight against the coronavirus pandemic: joblessness hit 14.7% in April, and even if it starts to fall in coming weeks there will be scars......»»

U.S. stocks closed higher Thursday, crossing some important milestones, even as job losses from the coronavirus pandemic topped 33 millio.....»»

Norwegian Air's passenger volume fell by 98.7% in April from a year earlier as most of its fleet was grounded due to the coronavirus pandemic, the budget airline said on Thursday......»»

Peloton Interactive Inc. sales topped $500 million in its most recent quarter, a new milestone that pushed the connected exercise-equipment company’s young shares toward new highs in after-hours trading......»»

The biggest story during the collapse on Wall Street earlier this year was of course the COVID-19 pandemic. This brought on an instant recession with lightning speed. The battle over oil dominance........»»

It was the biggest drop since statistics began in 1995.....»»

U.S. crude prices settled lower on Tuesday, falling about 3% as domestic stockpiles were expected to have risen closer to record highs amid tightening storage despite plans to cut production during the COVID-19 pandemic......»»

As the novel coronavirus pandemic took hold across the U.S. in March, causing travel demand to plummet, airlines and airports were left bracing for impact. And new figures show that passenger traffic at Charlotte Douglas International Airport was ne.....»»

Thomson Reuters Amid "just horrible" economic .....»»

VW the world's largest carmaker by sales, resumed work at its biggest factory in Wolfsburg, Germany, on Monday even as inventory levels across the industry continue to build up as the coronavirus pandemic saps demand......»»

VW the world's largest carmaker by sales, resumed work at its biggest factory in Wolfsburg, Germany, on Monday even as inventory levels across the industry continue to build up as the coronavirus pandemic saps demand......»»

U.S. stocks rose on Thursday as Amazon and Netflix surged to record highs, although trading was choppy as investors worried about the impact of the coronavirus pandemic on first-quarter earnings. Yahaira Jacquez reports......»»

U.S. stocks rose on Thursday as Amazon.com Inc and Netflix Inc surged to record highs, although trading was choppy as investors worried about the impact of the coronavirus pandemic on first-quarter earnings......»»

There are seven reasons for that, including record federal and central-bank stimulus, unattractive investment alternatives such as bonds, and a reconfiguration of supply chains that will unleash a torrent of capital spending......»»

U.S. crude oil stockpiles rose by 19 million barrels last week, the biggest one-week increase in history, the U.S. Energy Information Administration said, as refiners throttled back activity due to slumping demand as a result of the coronavirus pandemic......»»

Amazon.com has been one of the standout performers of the current market environment, and the rally has returned the e-commerce company to all-time highs......»»

Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won't be enough to head off oversupply with the coronavirus pandemic hammering demand......»»

Oil prices jumped more than $1 a barrel on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won't be enough to head off oversupply with the coronavirus pandemic hammering demand......»»

Oil prices jumped more than $1 a barrel on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won't be enough to head off oversupply with the coronavirus pandemic hammering demand......»»

OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic and said they had an unprecedented deal with fellow oil nations, including the United States, to curb global oil supply by 20%......»»