Scott Horsley
Stories
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Business
Fed Makes A Dramtic Move During Coronavirus Fallout
The Federal Reserve cut interest rates to near-zero and announced a set of programs to help blunt the economic fallout from the coronavirus pandemic spreading throughout the world.
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Business
Trump 'Very Happy' With Fed Decision To Cut Interest Rates
Trump told reporters at the White House that he's pleased with the Federal Reserve's move to cut interest rates. He also told Americans to stop panic-buying groceries as fears rise about coronavirus.
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Business
U.S. Economic Effects Of The Coronavirus Travel Ban
The Trump administration's decision to include the U.K. and Ireland to its month-long travel ban will likely come with a big price tag for the U.S. economy.
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Americans Limit Time Spent In Public Amid Coronavirus Concerns
As stores, restaurants and other businesses feel this shift, stocks are tumbling and lawmakers are negotiating a possible rescue package.
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Business
Stock Market Tumbles, Trading Briefly Halts
Stocks continued their downward slide on Thursday amid growing fears of the coronavirus. Trading was briefly halted after the S&P 500 index fell 7% in the opening minutes of trading.
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Politics
Administration, Congress Consider Coronavirus Stimulus As Dow Enters Bear Market
The Trump administration and Congress look to shore up the U.S. economy in the face of the coronavirus pandemic. But details have been slow to emerge, and nervous investors continue to dump stocks.
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Business
The Coronavirus' Impact On Financial Markets And The Economy
The outbreak has caused turmoil in the stock market. Monday was Wall Street's worst day in more than a decade. After the markets closed, President Trump said he's going to ask Congress for help.
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Business
How Stock Market Circuit Breakers Work
Trading on the New York Stock Exchange was halted briefly Monday morning when the S&P 500 index fell 7%. Here's how these automatic circuit breakers work.
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Business
U.S. Stock Market Opens; Fears Of Coronavirus Cause Plunge
Oil markets crashed and stocks plunged on Monday as a sudden clash among the world's biggest oil producers gave already rattled investors another reason to worry about the global economy.
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Business
How Coronavirus Is Disrupting Cultural And Economic Life
It was a roller-coaster week on Wall Street as investors struggled to understand the potential fallout from the coronavirus.