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A hike in interest rates, combined with a massive shutdown of the economy caused homeowners and potential homebuyers to back away from the mortgage market.

The big-box retailer is putting some of its ambitious growth plans on hold as it focuses on the day-to-day realities of the coronavirus outbreak.

By the beginning of Wednesday's press conference, more than 424,000 cases of the coronavirus had been confirmed worldwide.

The White House and Senate leaders have reached a deal on a massive $2 trillion coronavirus stimulus bill to combat the economic impact of the outbreak.

The White House's top trade advisor denied on Tuesday that the Trump administration was considering a three-month deferral of tariff payments on imported goods to ease the pain of the economic shutdown caused by the coronavirus pandemic.

The world's biggest oil and gas firms should break an industry taboo and consider cutting dividends as they weather the fallout from the pandemic, investors say.

The negative impact on Japan's economy pales in comparison to the economic blow from the coronavirus outbreak, market strategists say.

The coronavirus outbreak appears more contained in Asia now, while it's still running its course in the West, according to Morgan Stanley.

Singapore had been praised globally for its approach in managing the outbreak through stringent contact tracing and quarantine efforts.

Local health officials said said 42% of the county's coronavirus patients are between 18 and 40 years old and 39% are between 41 and 65 years old.

Former Microsoft CEO Steve Ballmer has agreed to purchase the Forum entertainment complex for $400 million.

The company has come under fire from contractors claiming they haven't been treated as well as full-time employees amid the coronavirus outbreak.

The World Health Organization has partnered with Facebook, Microsoft and several other tech companies for a hackathon to promote the development of software to take on challenges related to the coronavirus pandemic.

Aerospace and defense companies like SpaceX are counted as "critical infrastructure" businesses, so employees have little choice but to keep reporting to work if they are healthy enough to do so, even during a pandemic.

Investors on the call included Dan Loeb, Stephen Schwarzman, Intercontinental Exchange's Jeffrey Sprecher and Paul Tudor Jones.

Boeing plans to restart 737 Max production by May, ending a months-long halt triggered by a safety ban on its best-selling jet after fatal crashes, people familiar with the matter said on Tuesday.

"As you increase the demand on the health-care system, the mortality rate goes up. It skyrockets," a doctor said when asked about the Trump administration loosening coronavirus guidelines.

Auto stocks are surging, and two plays have the best technical and fundamental setups of the group, traders say.

If the stock market finds a near-term bottom, it's likely to be built on a trap door that could give way to another big decline.

The prisoners all have light sentences, less than a year, and were found guilty of misdemeanor charges, Mayor Bill de Blasio said.