Markets had been widely expecting the U.S. central bank to take some type of action, with anticipation of a 50 basis point cut by the next Federal Open Market Committee meeting later this month.
The 10-year Treasury yield broke below 1% for the first time ever in the wake of an emergency rate cut by the Federal Reserve to combat the economic effects of the spreading coronavirus.
Cisco, Amazon, Intel and Salesforce have all backed out of HIMSS citing fears related to the spread of coronavirus. HIMSS draws tens of thousands of employees to Orlando, Florida.
President Donald Trump on Tuesday demanded that the Federal Reserve cut rates even more after the central bank announced it would slash rates by 50 basis points in an effort to combat the economic impact of the coronavirus outbreak.
George Hood, 62, broke the Guinness World Record for planking over eight hours on Feb. 15. Take a look inside his daily routine, including 2,000 sits ups and a mindset coach.
The International Monetary Fund and the World Bank, citing concerns about the fast-spreading coronavirus, on Tuesday said they will adopt a "virtual format" for their spring meetings instead of convening in person in Washington.
Many U.S. workers fear that taking time off or working from home, even when sick, can damage a career. Can the coronavirus COVID-19 permanently change workplace norms?
"We reaffirm our commitment to use all appropriate policy tools to achieve strong, sustainable growth and safeguard against downside risks," the G-7 statement said.
SAR Academy and SAR High School said in a statement that it was a precautionary measure, following guidelines from the New York City Department of Health.
Demand for hand sanitizer is surging around the globe as the new coronavirus spreads, prompting retailers to ration supplies and online vendors to hike prices.
Britain's government unveiled its plans to tackle the spread of the virus Tuesday, warning that up to a fifth of the workforce could be off sick during a peak period.
The U.S. and the U.K. are starting trade talks later this month amid skepticism that any deal won't bring the massive economic boon that is being predicted.