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"More cases are now being reported [in Europe] every day than were reported in China at the height of its epidemic," says WHO's top official.
Treasury Secretary Steven Mnuchin told CNBC on Friday the White House and Congress are nearing a deal on stimulus and that the administration is committed to doing whatever it takes to spark the economy amid the coronavirus pandemic.
CNBC's "Halftime Report" team breaks down how markets are trading amid the escalating coronavirus outbreak in the U.S. and what investors should do with billionaire investor Carl Icahn.
hings are getting real for traders. Italy and Spain have triggered a one-day ban on short selling certain stocks on their respective stock exchanges, and also on U.K. Exchanges, after Thursday’s markets carnage.
Monday starts our Triple Witch Week, with the centrals doing their balancing act as the March Currencies all die together...
The dollar stood tall on Friday as investors scrambled for the world's most liquid currency amid deepening panic about the coronavirus while the euro nursed losses after the European Central Bank disappointed investors by not cutting rates.
U.S. consumer sentiment index likely to fall even more sharply soon...
Tepper's call for QE is likely because he's been turned into a bag holder, derailed by bat soup, after making risky bullish bets earlier this year. His solution to bail out his losing positions: Ask the Fed to print more money.
You can watch from Beginning if you like. "In the days and weeks ahead, we expect to see the number of cases, the number of deaths and the number of affected countries to climb even higher," WHO Director-General Dr. Tedros Adhanom Ghebreyesus said Wednesday.
Trump to Hold Press Conference at 3 PM Et to Discuss Coronavirus ResponseMar 13, 2020 - 08:49:03 PDT
Trump's Treasury Secretary Steven Mnuchin told CNBC that the White House and Congress are nearing a deal that would provide stimulus to the U.S. economy amid the coronavirus outbreak.
CNBC's Eamon Javers details new reporting from NBC News that President Trump will declare a state of emergency.
David Rosenberg, chief economist at Rosenberg Research, and Liz Ann Sonders, Charles Schwab chief investment strategist, join "Squawk on the Street" to discuss the market sell-off and probability of a recession.
Update (1120ET): It looks like we've just learned what President Trump plans to announce at this afternoon's press conference. Media reports are claiming that the White House is planning to declare a national emergency.
First Emergency POMO Oversubscribed As Fed's "Whatever It Takes" ArrivesMar 13, 2020 - 08:13:41 PDT
"The Fed is obviously deeply concerned about Treasury market functioning and is willing to do whatever it takes to try to backstop/"
China’s central bank cut the cash that banks must hold as reserves on Friday for the second time this year, releasing 550 billion yuan ($79 billion) to help its coronavirus-hit economy.
US Treasury yields are plunging after The Fed announced what amounts to 'Emergency QE' to buy $33 billion in bonds at maturities up to 30 Years...
Wall Street is increasingly expecting the Fed to use more firepower next week and take interest rates back to the zero bound.
he New York Federal Reserve will begin buying Treasurys across the yield spectrum as part of its efforts to help the financial system through the coronavirus scare.
Trump Wants Congress to 'Approve a Payroll Tax Cut' for Rest of the YearMar 13, 2020 - 07:26:14 PDT
A payroll tax cut has not been included in the coronavirus aid package that is reportedly being finalized in negotiations between the White House and House Democrats.
“The concern here is what’s going to happen with the real economy,” he said. “Now I’m afraid pumping in more money to support the financial sector does absolutely nothing where the real problem is.”