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COVID-19

Investors seek safe havens as markets, bond yields fall

by Nancy Marshall-Genzer
Mar 4, 2020
The yield on the benchmark 10-year Treasury dipped below 1% Tuesday.
With yields this low, you’d think investors would be running away from bonds. But not everyone is.
Spencer Platt/Getty Images
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COVID-19

What if the economy needs more than the Fed can give it?

by Sabri Ben-Achour
Mar 3, 2020
The U.S. government may need to spend its way out of a coronavirus-induced slowdown.
Federal Reserve Chair Jerome Powell announced an interest rate cut of half a percentage point Tuesday.
Scott Olson/Getty Images
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COVID-19

Gig workers are vulnerable in an outbreak

by Meghan McCarty Carino
Mar 3, 2020
They interact with the public and handle food, but often have no safety net to fall back on.
Most gig workers don't get any paid sick days.
Mario Tama/Getty Images
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COVID-19

In emergency move, Fed cuts interest rates by 0.5%

by David Brancaccio
Mar 3, 2020
"A half a point is not going to cure anybody," said Karen Petrou, managing partner of Federal Financial Analytics.
An interest rate cut that occurs between formal policy meetings is highly unusual.
Sarah Silbiger/Getty Images
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COVID-19

Amazon cracks down on COVID-19 price gouging

by Marielle Segarra
Mar 3, 2020
The company says it has recently blocked or removed tens of thousands of listings for such products, like face masks and hand sanitizer.
Some third-party sellers have been charging hundreds of dollars for a couple small bottles of hand sanitizer or a box of protective face masks.
Leon Neal/Getty Images
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COVID-19

COVID-19: What travel insurance will and won't cover

by Sabri Ben-Achour
Mar 3, 2020
Viral outbreaks, epidemics and pandemics are not typically listed in a travel insurance policy.
Passengers from a flight from South Korea wear protective face masks upon landing at Mexico City's international airport, on Feb. 28, 2020 as COVID-19 spreads worldwide.
Alfredo Estrella/AFP via Getty Images
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COVID-19

Remote work is having a moment amid COVID-19 fears

by Meghan McCarty Carino
Mar 2, 2020
Businesses are making plans for employees to work outside of the office ... and it just might stick.
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COVID-19

COVID-19 travel restrictions and quarantine measures depress key Chinese sectors

by Kai Ryssdal , Jennifer Pak and Andie Corban
Mar 2, 2020
Our China correspondent, Jennifer Pak, on life in Shanghai right now.
Passengers wearing protective face masks on the subway in Shanghai in late February.
Hector Retamal/Getty Images
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COVID-19

Recent market volatility is more than just COVID-19

by Jasmine Garsd
Mar 2, 2020
A trade war, the overvaluation of stocks and the 2020 election have also contributed to uncertainty.
Traders work during the opening bell at the New York Stock Exchange on Feb. 28, 2020 on Wall Street in New York City.
Johannes Eisele/AFP via Getty Images
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COVID-19

Bond yields hit a record low

by Sabri Ben-Achour
Feb 28, 2020
Why are investors settling for such small returns? U.S. Treasurys are about the safest place to put your money.
A trader reacts during the opening bell at the New York Stock Exchange on Friday as markets continue to drop from COVID-19 uncertainty.
Johannes Eisele/AFP via Getty Images
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