All posts tagged with financial crisis
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-(Natural News) Just one day after its total number of COVID-19 deaths surpassed that of China’s, Italy announced what looked to be the highest number of coronavirus deaths to be reported in a single day: 627. In addition, the Mediterranean nation’s number of infections jumped by 15 percent, with the total number of confirmed cases now pegged at 47,021. As of press […]
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-(Natural News) The Dow Jones Industrial Average sank by 10 percent Thursday, the worst one-day drop since the 1987 “Black Monday” market crash which sent the Dow tumbling to more than 22 percent, plunging the index deeper into bear market territory. The slide comes despite efforts from both President Donald Trump and the Federal Reserve to quell investors’ […]
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-(Natural News) The coronavirus crushed U.S. stock markets anew, with the Dow Jones Industrial Average falling by 5.9 percent by closing bell on Wednesday. The 20.3 percent decline from its most recent high on February 12, 2020, also signals the end of the market’s decade-long bull run. This also marks a bear market, suggesting that investors have changed their view […]
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-(Natural News) Major banks in the U.S. have started rolling out measures to deal with the impending coronavirus (COVID-19) epidemic, banking sources with knowledge of the matter told AFP. JPMorgan Chase, which employs over 250,000 employees worldwide, told its U.S. sales and trading staff that they will be split between offices starting next week. In […]
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-(Natural News) The World Bank on Tuesday has committed $12 billion in aid to help countries with the health and economic impacts of the global coronavirus (COVID-19) outbreak. The emergency aid package will include low-cost loans, grants and technical assistance, and is designed to provide a fast and reliable response for developing countries, especially those […]
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-(Natural News) The U.S. stock market capped its worst week since the 2008 financial crisis on Friday, with all major stock indexes tanking over worries that COVID-19 could potentially end one of the longest economic expansions in history and send the global economy into recession. The CDC reports 15 confirmed COVID-19 cases in the U.S., […]
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-(Natural News) About a decade ago, thanks to crazy loose government rules that allowed mortgage companies to offer insanely low payments and interest rates on insanely expensive property to people who had no ability to pay for it, we seem on the precipice of repeating that disaster. In 2007, the bottom fell out of the […]
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-(Natural News) The US has one of the strongest economies around the world, even as the rest of the world is showing signs of cooling and slowdown. In its latest World Economic Outlook, the International Monetary Fund said that the world’s largest economy remains a “bright spot” on the global stage. Given America’s status of being the economic […]
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-(Natural News) Do you want to live longer? Then exercise, have a nutritious diet, maintain an ideal body weight, and keep in touch with family and friends. New research added one more must: financial stability. The study, led by Dr. Lindsay Pool, research assistant professor of preventive medicine at Northwestern University Feinberg School of Medicine showed […]
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