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Lost screen real estate, Citi’s new ‘world headquarters’

A man cleans up on the trading floor, following traders testing positive for Coronavirus disease (COVID-19), at the New York Stock Exchange (NYSE) in New York, U.S., March 19, 2020.Lucas Jackson | ReutersThe coronavirus pandemic has roiled capital markets, but it has also led...

Worst jobs report in a decade, oil surging

People walk on Wall St. outside the New York Stock Exchange, August 7, 2019.Brendan McDermid | ReutersAn abysmal March jobs report gives a glimpse of the devastating economic damage caused by the coronavirus pandemic. Another surge in oil prices on expected output cuts limited...

Goldman CEO Solomon says ‘no question’ response to coronavirus slow

Goldman Sachs CEO David Solomon said that while there is "no question" that the initial U.S. response to the coronavirus pandemic was slow, progress is now being made and a "path forward" from the crisis will emerge in coming weeks."There's no question, David, that...

Dow down 500, second quarter begins, Trump’s warning

A man runs past the New York Stock Exchange (NYSE).BloombergThis is a live blog. Check back for updates.11:02 am: 'The other bomb that's dropping' — Cramer's warning as first shale company files for chapter 11Analysts have warned that falling oil prices will lead to a...

Dow’s worst first quarter ever, S&P 500’s worst month since ’08

The market is wrapping up a brutal quarter as investors search for a bottom in the fastest bear market ever amid the coronavirus crisis. The Dow Jones Industrial Average is on track to post its worst first quarter in history, but the recent sharp...

Consumer confidence tumbles in March as coronavirus cases surge

A measure of U.S. consumer confidence fell sharply in March as people grapple with the global coronavirus outbreak. The Conference Board said Tuesday its consumer confidence index dropped to 120 this month from 132.6 in February. To be sure, the print was better than the 110...