Cisco Rises 4.12%

Cisco Rises 4.12% ...

Bank of America Rises 3.28%

Bank of America Rises 3.28% ...

Markets brace for surge in US jobless claims as Covid-19 hits economy – business...

A shopping center with closed retail stores due to the COVID-19 outbreak in Farmington Hills, Michigan. Photograph: Jeff Kowalsky/AFP via Getty Images Good morning, and welcome to our rolling coverage of the world...

Coronavirus shows Australia's tax cuts were based on pure fantasy | Greg Jericho

Right now, such is the level of economic uncertainty, policy makers and investors are struggling to get any grip on what is about to occur. And yet, despite the coronavirus shredding all projections...

Markets slide as UK banks cancel dividends amid Covid-19 woes – business live

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Good news! The worst quarter for the London stock market since 1987 is over. Bad News!...

Now the world faces two pandemics – one medical, one financial

We are feeling the anxiety effects of not one pandemic but two. First, there is the Covid-19 pandemic, which makes us anxious because we, or people we love, anywhere in the world, could...

FTSE 100 posts largest quarterly fall since Black Monday aftermath

The FTSE 100 has posted its biggest quarterly fall for more than three decades amid the financial panic caused by the coronavirus, as the economic costs of the global health pandemic continue to...

Coronavirus should not have caught leaders and markets off-guard | Jeffrey Frankel

Events like the Covid-19 pandemic, the US housing-market crash of 2007-09 and the terrorist attacks of 11 September 2001, are often called “black swans”. The term is meant to suggest that no one...

Ignore the bankers – the Trump economy is not worth more coronavirus deaths |...

Dick Kovacevich, former CEO of Wells Fargo bank, thinks most Americans should return to work in April, urging that we “gradually bring those people back and see what happens”. Lloyd Blankfein, former CEO of...

Complacency to chaos: how Covid-19 sent the world’s markets into freefall

For the global financial system, it has been a month of unprecedented pandemonium as the coronavirus pandemic breaks all records, bringing western capitalism to its knees as the disease spreads. Major landmarks in global...