New research indicates that the coronavirus began to circulate in the New York area by mid-February, weeks before the first confirmed case, and that travelers brought in the virus mainly from Europe, not Asia. “The majority is clearly…
Americans applied for unemployment benefits in massive numbers for a third straight week, bringing the three-week total to about 16.8 million during the coronavirus pandemic's economic shutdown. A total of 6.61 million people filed jobless claims…
Like the rest of us, Eric Yuan is taking things day by day right now. The founder and chief executive officer of teleconferencing software company Zoom gets up each morning, after three or four hours' sleep, and nervously checks the previous day's…
Oil surges as top producers continue to discuss output cuts Coronavirus claims record number of victims in Britain Photographer: Paul Yeung/Bloomberg Asian stocks looked poised for gains after a strong session on Wall Street, with investors…
The Financial Times
–
Chris Giles, Economics Editor
– Apr 8, 11:20 PM
The Bank of England will directly finance the extra spending needs of the UK government on a temporary basis, the government announced on Thursday, allowing the Treasury to bypass the bond market. The move highlights the extraordinary demands on…
