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Thursday's spike in weekly jobless claims, considered the canary in the coal mine for labor, signals the start of a crush of layoffs.

Retailers are testing new ways to reduce risk for people who are older or have medical conditions, as crowded stores make it hard for them to buy food and maintain social distance.

As a growing number of countries go into lockdown due to the coronavirus — and museums and galleries around the world are closed — these are some you can visit from the comfort of your own couch.

The Bridgewater Associates founder also estimated the global corporate losses will hit $12 trillion due to the pandemic.

The Federal Reserve said Thursday it will extend its currency exchange program to other central banks around the world as the demand for dollars intensifies.

Asked whether the U.S. could see millions of deaths, she said "It would not surprise me. We need to prepare for the worst."

Airbnb hosts are beginning to feel the impact of the coronavirus pandemic following a change by the company to its cancelation policy that has allowed guests traveling over the next month to receive full refunds on their bookings.

U.S. President Donald Trump said he signed the Defense Production Act to ramp up production of medical supplies to fill shortages.

Darden Restaurants withdrew its fiscal 2020 outlook and suspended its quarterly dividend.

As the coronavirus outbreak threatens to bring U.S. economic activity to a grinding halt, American businesses are jockeying for a financial lifeline from the administration of President Donald Trump.

Preparations to shut down much of the U.K. appear to be in place with all schools set to close on Friday and public transport closures introduced in London.

Italy's lockdown is set to be extended beyond current end-date of April 3, the country's prime minister has said as Italy's death toll rises at a record rate.

Many major investors are selling everything from stocks to bonds to gold in order to raise U.S. dollars.

Copper prices have crashed in recent days amid growing panic over the impact of the coronavirus, and the metal's reputation as a barometer for the global economy means analysts are looking to see if it has further to fall.

It marks the first known case of a worker at a U.S. Amazon warehouse testing positive for COVID-19.

The new Money Market Mutual Liquidity Fund will provide loans to financial institutions to buy assets from prime money market funds.

President Donald Trump on Wednesday signed a $100 billion coronavirus aid package into law which includes provisions for emergency paid leave for workers as well as free testing.

"There's actually a return to normalcy and so our plants are fully staffed," Hormel CEO Jim Snee said about business in China.

President Donald Trump last week boastfully signed charts showing big gains on major U.S. stock market indexes after he declared a national emergency over the coronavirus pandemic.

The Fed is throwing all its fire power at markets, but interest rates continue to rise, a troubling sign when the economy looks set to slow.