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Class 8 Truck Production Could Fall To Less Than Half Of 2019

Class 8 truck production, originally projected to be off record highs from 2019 by 30%, could be in free fall if manufacturing plants close because of the coronavirus pandemic. read more.....»»

Category: blogSource: benzingaMar 18th, 2020

Fed slashes rates in emergency coronavirus move, Trump calls action "terrific"

With panic buying on Main Street and fea.....»»

Category: videoSource: reutersMar 15th, 2020

U.S. to ban travel from Europe for 30 days due to coronavirus

Taking dramatic action, President Donald Trump sharply restricted passenger travel from 26 European nations to the U.S. and moved to ease the economic cost of a viral pandemic that is roiling global... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 14th, 2020

Trump"s most die-hard media supporters are proving that owning the libs is more important to them than the lives of their fellow Americans during the coronavirus pandemic

Alex Jones Show/screenshot To all of Donald Trump's most hardcore media supporters, the novel coronavirus pandemic.....»»

Category: topSource: businessinsiderMar 14th, 2020

Four cruise companies will suspend outbound voyages for 30 days: Trump

U.S. President Donald Trump said on Friday that four cruise line companies had agreed to suspend outbound cruises for 30 days, at his request, amid the global coronavirus pandemic......»»

Category: topSource: reutersMar 13th, 2020

Mortgage rates jump back up to January high, as coronavirus fears put chill on spring housing market

After falling to a record low just two weeks ago, mortgage rates are surging higher again. This comes as real estate agents try to deal with a new normal in what was supposed to be a busy spring housing market......»»

Category: realestateSource: cnbcMar 13th, 2020

Dow heads for worst day since 1987 as record bull run ends

The Dow Jones index was on course on Thursday for its worst performance since Wall Street's "Black Monday" crash of 1987, as President Donald Trump's move to curb travel from Europe added to growing corporate distress over the coronavirus pandemic......»»

Category: topSource: reutersMar 12th, 2020

Airline stocks hit amid the coronavirus pandemic after Trump issues Europe travel ban

President Donald Trump announces a ban on travelers to the United States from Europe for the next 30 days. Passengers from the United Kingdom and Americans who have been screened will be exempt from the restrictions. And airline stocks are taking a hit......»»

Category: topSource: moneycentralMar 12th, 2020

Airlines plunge after coronavirus spurs European travel ban

President Trump blocked travel from Europe to the U.S. for 30 days to limit the spread of the coronavirus pandemic......»»

Category: topSource: foxnewsMar 12th, 2020

US suspends travel from Europe amid coronavirus pandemic, Trump says

The United States is restricting travel to and from European countries amid the global coronavirus outbreak. Calling it a “critical time” for the U.S., President Donald Trump announced flights from Europe would be suspended for 30 days starti.....»»

Category: topSource: bizjournalsMar 11th, 2020

Trump calls on Fed to cut rates further after emergency move

U.S. President Donald Trump called for further cut rates after the Federal Reserve earlier on Tuesday slashed rates by half percentage point in an emergency move designed to insulate the nation's economy from the impact of the coronavirus......»»

Category: topSource: reutersMar 3rd, 2020

"Ease and cut rate big": Trump pressures Fed to slash interest rates as coronavirus threat grows

SAUL LOEB/AFP/Getty Images President Trump pressured Fed Chair Jerome Powell to slash US interest rates after Australia's central bank cut its rate to a record low of 0.5% on Tuesday. "Should ease and cut rate big," Trump tweeted, adding that Powell ha.....»»

Category: topSource: businessinsiderMar 3rd, 2020

Trump slams Fed"s coronavirus response as "slow," renews calls for lower interest rates

President Trump took aim at the Federal Reserve on Monday, increasing pressure on the U.S. central bank to lower interest rates to better compete with other countries......»»

Category: topSource: foxnewsMar 2nd, 2020

Trump seeks to soothe stock markets, calls for Fed to lower rates, asserts that "middle-income" tax cut is under consideration

President Trump in remarks on the effects of the coronavirus at a rare press conference Saturday said he believes the stock market can bounce back on corporate and c.....»»

Category: topSource: marketwatchFeb 29th, 2020

Trump assures on stocks, calls for Fed to lower rates, says "middle-income" tax cut under consideration

President Trump in remarks on the effects of the coronavirus at a rare press conference Saturday said he believes the stock market can bounce back on corporate.....»»

Category: topSource: marketwatchFeb 29th, 2020

Investors ditch market risk as stocks fall into correction

Fears of a sustained global economic impact as the coronavirus rapidly spreads beyond China have sent investors scrambling to find safety less than 10 days after the U.S. stock market set record highs......»»

Category: topSource: reutersFeb 27th, 2020

Republican officials are privately bracing for the possibility that a virus-hit US economy could hurt Trump in the election

Sean Rayford/Getty Images The White House has attempted in recent days to downplay the effects the novel coronavirus could have on US growth. But b.....»»

Category: topSource: businessinsiderFeb 27th, 2020

World shares slump for fifth day, bets grow on interest rate cuts to counter damage

World stocks tumbled for the fifth straight day on Wednesday, while safe-haven gold rose back towards seven-year highs and U.S. bond yields held near record lows after governments and health authorities warned of a possible coronavirus pandemic......»»

Category: topSource: reutersFeb 26th, 2020

Market Snapshot: Stock market clinches fresh closing records as China says it will slash tariffs on $75 billion in U.S. goods

U.S. stock benchmarks closed at record highs Thursday, securing four days of gains in a row, on the back of positive developments on Sino-American trade and ebbing concerns about coronavirus......»»

Category: topSource: marketwatchFeb 6th, 2020

Wall Street scales new highs as China moves to limit coronavirus impact

U.S. stocks advanced for the fourth straight session on Thursday with the S&P 500 and Dow Industrials hitting record highs on China's efforts to contain the economic fallout of the coronavirus outbreak......»»

Category: topSource: reutersFeb 6th, 2020