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IMF chief Georgieva says the world is in a recession, containment will dictate strength of recovery

IMF chief Georgieva says the world is in recession, containment will dictate strength of recovery

Kristalina Georgieva, managing director of the International Monetary Fund (IMF), speaks in Washington, D.C., on Oct. 16, 2019.Andrew Harrer |…

Stocks snap 3-day win streak, Dow down 700

This is a live blog. Check back for updates.10:47 am: Wall Street analysts upgrade stocks on hopes the market has bottomedDeutsche…

Dow up 800, jobless claims top 3 million, stimulus bill to House

This is a live blog. Please check back for updates.10:55 am: Markets may weaken with future economic data, strategist saysMatt Miskin,…

Dow rises, tries to build on historic 11% surge from day before

The Dow Jones Industrial Average rose on Wednesday following a historic rally in the previous session in anticipation of a…

Congress is closing in on deal

Democrats and Republicans are closing in on a massive stimulus package to combat the economic impact of the coronavirus.In perhaps…

Dow up 1,500, gold surging

All eyes are on Congress to pass a much-needed stimulus bill to rescue the economy from the coronavirus damage. The…

Dow down 300, Fed goes all-in, waiting on Congress

A trader works on the floor of the New York Stock Exchange in New York, the United States, March 18,…

Stocks can return to records early next year if the US can curb coronavirus spread, says JPMorgan

Meric Greenbaum, Designated Market Maker IMC financial looks up at the board before the opening bell right before trading halted…

Dow and S&P 500 pare gains, Amazon up 2.5%

Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington…

Bank of America says the recession already here

Bank of America warned investors on Thursday that a coronavirus-induced recession is no longer avoidable — it's already here."We are…