U.S. Companies Add More Jobs Than Forecast, ADP Data Show

U.S. companies added more workers than forecast in February, suggesting the jobs market was in good shape just as the coronavirus began rippling through the economy. Businesses’ payrolls increased by 183,000 after a downwardly revised 209,000 gain a month earlier, according to ADP Research Institute data released Wednesday. The median estimate in a Bloomberg survey of economists called for a […]

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Sensex ends 214 points lower, Nifty gives up 11,300

The 30-share index settled at 38,409.48. Resuming its downward spiral, equity benchmark Sensex ended 214 points lower after a highly volatile session on Wednesday as concerns over rising cases of coronavirus in India kept domestic investors on the edge. After gyrating over 945 points during the day, the 30-share index settled 214.22 points or 0.55% lower at 38,409.48. The broader […]

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Here’s how billionaire investor Howard Marks is telling clients to ride out coronavirus volatility

After the Federal Reserve’s damned-if-they-did, damned-if-they-didn’t interest rate cut, it seems Democratic presidential candidate Joe Biden is getting some credit for what looks like a stock rebound on Wednesday. The former Vice President’s comeback-kid performance in the Super Tuesday Democratic primaries has put him in a good position against Vermont Sen. Bernie Sanders in the race to take on President […]

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America's coronavirus death toll climbs to 9 as fear sets in

Was Federal Reserve rate cut the right move in the long term? Heritage Foundation economist and ‘Trumponomics’ co-author Steve Moore, American University School of Public Affairs’ Capri Cafaro, Capitalist Pig hedge fund’s Jonathan Hoenig and former investment banker Carol Roth discuss coronavirus and the economy. SEATTLE — Tensions over how to contain the coronavirus escalated Tuesday in the United States […]

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Thermo Fisher makes $11.6B approach for Qiagen

Trump: We can drive down prescription drug prices President Trump discusses his hopes for lowering prescription drug prices. Thermo Fisher Scientific has launched a 10.4 billion euro ($11.6 billion) bid for German genetic testing company Qiagen, the U.S.-based company said on Tuesday. Continue Reading Below Qiagen, which makes diagnostic kits for cancer and tuberculosis, said both its management and supervisory […]

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Coronavirus may shrink world economy, watchdog says

Trump on coronavirus: We’ve taken ‘most aggressive action’ to prevent spread of this illness President Trump discusses how the United States is handling the coronavirus outbreak while speaking to supporters at a ‘Keep America Great’ rally in North Charleston, S.C. A global agency says the spreading coronavirus could make the world economy shrink this quarter, for the first time since the […]

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Coronavirus outbreak to cause Fed to take aggressive action: Goldman Sachs

WHO is responsible for coronavirus spreading out of China: Gordon Chang Fox News medical contributor Dr. Marc Siegel, ‘The Coming Collapse of China’ author Gordon Chang and AGF Investments chief U.S. strategist Greg Valliere discuss the role the World Health Organization has played in the coronavirus’ spread. The coronavirus outbreak will take a bigger bite out of the U.S. economy […]

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