In COVID-19 outbreak, IMF urges coordinated action

Mar 5, 2020
The IMF had a call with 189 member countries Tuesday to discuss a coordinated response to COVID-19.
IMF Managing Director Kristalina Georgieva and World Bank Group President David Malpass bump elbows instead of shaking hands at a press briefing on COVID-19 in Washington, D.C., on March 4, 2020.
Nicholas Kamm/AFP via Getty Images

Los Angeles businesses feel sting of COVID-19 travel restrictions

Mar 5, 2020
The city welcomed more than 1 million visitors from China in 2019.
A woman wears a face mask at Los Angeles International Airport (LAX) on March 2, 2020.
Frederic J. Brown/AFP via Getty Images

OPEC, Russia discuss large oil supply cuts in "demand emergency"

Mar 4, 2020
There was talk that OPEC and Russia might together cut the world's supply of oil by one million barrels a day.
Joe Klamar/AFP/Getty Images

Airlines are bracing for more coronavirus disruption

Mar 4, 2020
IATA, which speaks for airlines, wants them to be released from minimum airport usage requirements.
Passengers wear face masks to protect against the spread of the COVID-19 as they arrive at LAX airport on Feb. 29.
Mark Ralston/AFP via Getty Images

COVID-19 makes life for migrant Chinese workers even more difficult

Mar 4, 2020
The nearly 170 million Chinese who travel a long way to work are having a tough time returning to their jobs because of quarantine areas.
Migrant workers wearing masks walk to their buses in Jiangxian County, in China's Guizhou province, before departing to return to their jobs in Guangxi region.
STR/AFP via Getty Images

For America's uninsured, COVID-19 will present extra challenges

Mar 4, 2020
Americans without insurance are less likely to seek medical care.
A researcher works in a lab that is developing testing for the COVID-19 coronavirus on Feb. 28, 2020 in Nutley, N.J.
Kena Betancur/Getty Images

What central banks were really saying about their response to COVID-19

Mar 3, 2020
When it comes to the global economic outlook, words matter.
Stocks fell on Wall Street as global concerns over the financial impact from the coronavirus drove investments down.
(Photo by Spencer Platt/Getty Images)

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Gig workers are vulnerable in an outbreak

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

In emergency move, Fed cuts interest rates by 0.5%

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

Amazon cracks down on COVID-19 price gouging

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