Markets
Associated Press/Photo by Curtis Compton/Atlanta Journal-Constitution

Big businesses batten down the hatches

by Lynde Langdon
Posted 3/19/20, 12:13 pm

Empty spaces throughout the country testify to the economic vacuum the coronavirus pandemic brought with it. The Simon Property Group announced Wednesday it would close all 200 of its shopping malls and outlet centers. Major automakers are shutting down their North American factories. And the New York Stock Exchange will lock up its trading floors and move to all-electronic trading on Monday. The number of Americans filing for unemployment surged last week by 70,000 to the highest level in more than two years.

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Associated Press/Photo by Craig Ruttle

COVID-19 gives stocks motion sickness

by Rachel Lynn Aldrich
Posted 3/17/20, 11:19 am

The U.S. stock market saw its worst loss in more than three decades on Monday. The Dow Jones Industrial Average fell by nearly 3,000 points after President Donald Trump said a recession may be on the way. But the markets remain volatile: The Dow opened higher on Tuesday, fell by about 600 points, and then evened out to its Monday closing level again—all in the first hour or so of trading.

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Associated Press/Photo by Richard Drew

Washington debates how to boost sickened economy

by Harvest Prude
Posted 3/12/20, 11:50 am

The stock market tumbled again on Thursday. The COVID-19 outbreak continues to disrupt the American economy despite an effort from President Donald Trump to calm investor’s fears on Wednesday. The Dow Jones Industrial Average fell Thursday by more than 2,000 points, triggering a temporary halt in trading.

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