Michael Snyder | As communities all over America shut down in order to help prevent the spread of the coronavirus, job losses are already starting to rise to extremely alarming levels.
Breitbart | President Donald Trump said at the White House Tuesday he wanted the federal government to send direct payments to Americans suffering economically from the coronavirus as part of a larger rescue package.
RT | European aviation giant Airbus has decided to pause production and assembly activities at its French and Spanish facilities for the next four days to contain the spread of coronavirus.
Zero Hedge | With Europe reeling under the weight of a record number of new coronavirus cases, especially in Italy and Spain, both countries announced today they they are banning short selling for the foreseeable future.
Moonbattery | Hyper-statist extremism is nothing new for de Blasio.
Michael Sndyer | Unless the Federal Reserve is purposely attempting to spread panic on Wall Street, the decisions that the Fed just made don’t make any sense at all.
CNBC | “The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States.”
CNBC | Cryptocurrencies took a battering following a global sell-off in stocks, with bitcoin seeing a near 40% plunge.
Fox News | Democratic presidential candidate Tulsi Gabbard denounced the partisanship surrounding the coronavirus pandemic on Capitol Hill Thursday, saying it was time to put the American people first.
Zero Hedge | Spain’s Regulator also set a one-day short-sale ban on 69 stocks that fell more than certain amounts Thursday.
Michael Snyder | In all of U.S. history, we have never seen the Dow Jones Industrial Average go from an all-time high to a bear market as quickly as we just did.
Zero Hedge | Today the stench of a desperate liquidity scramble as The Dollar rallied while Stocks, Bonds, Bitcoin, Crude, and Gold were all dumped.
Zero Hedge | Industry sources told Reuters on Tuesday that global luxury brands, including Louis Vuitton, Parada, and others, have significantly reduced orders with top Italian suppliers as Covid-19 disruptions are seen across the world.
Zero Hedge | Europe “will see a scenario that will remind many of us of the 2008 Great Financial Crisis.”
Zero Hedge | As Covid-19 grinds the world’s economy to a halt and supply-chains break, anxieties flourish among multinationals, AP news reports.