NEW YORK (AP) — Wall Street closed out its best week in 45 years on Thursday after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak.
TULSA, Okla. (AP) — A $500,000 grant from the National Park service will be used to renovate buildings along Tulsa's former Black Wall Street, nearly 100 years after the area was largely destroyed and as many as 300 people were killed in one of the nation's deadliest outbreaks of racial violence.
NEW YORK (AP) — Stocks rose in midday trading on Wall Street Thursday after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak.
WASHINGTON (AP) — The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and businesses, as well as local governments besieged by the coronavirus outbreak.
BOSTON (AP) — When Rebeka McBride and her husband put their home in Washington state on the market in early March, the coronavirus outbreak was just taking hold in the United States. They managed to hold two open houses and a smattering of private viewings before accepting an offer.
NEW YORK (AP) — Stocks shot to a 3.4% gain on Wall Street Wednesday as investors chose to focus on the optimistic side of data about the coronavirus outbreak's trajectory.
The inevitable and unavoidable result of the extraordinary measures taken to curb the tragic health effects of the coronavirus has been a strong shock to the economy. Protecting human health and wellbeing must be paramount at the moment.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the global economy, the work place and the spread of the virus.
WASHINGTON (AP) — The Trump administration will seek an additional $250 billion to support a program designed to help small businesses keep workers employed through the coronavirus outbreak, Treasury Secretary Steven Mnuchin said Tuesday.
Investors unnerved by stock market gyrations and the COVID-19 pandemic have a possible safe haven: the industry developing treatments and vaccines against the virus. Major drugmakers’ sales of lucrative medicines for cancer, diabetes and other serious diseases should remain strong, says Jeff…
NEW YORK (AP) — Stocks were climbing on Wall Street Tuesday as markets around the world piled on even more gains following their huge rally a day earlier.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus.
NEW YORK (AP) — Small business owners hoping for quick loans from the government were in a holding pattern Monday — waiting on their bank to either take their application or, if it did, send them the money.
WASHINGTON (AP) — The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday.
NEW YORK (AP) — Investors grabbed hold of a few glimmers of hope Monday that the coronavirus pandemic could be slowing and sent stocks surging in a worldwide rally, capped by a 7% leap for the U.S. market.
NEW YORK (AP) — Stocks around the world jumped on Monday after some of the hardest-hit areas offered sparks of hope that the worst of the coronavirus outbreak may be on the horizon.
The economic fallout from the coronavirus pandemic could be profound. Many people are already losing jobs, with unemployment jumping at a record pace. Even those who stay employed may face reduced hours or uncertainty about how long their paychecks will continue.
This year started with optimism, record-high stock prices and a fat pipeline of companies raring to sell shares of their stock to the public for the first time. All that ended when the coronavirus outbreak sent stocks screeching to their fastest bear market ever, according to Goldman Sachs. …
NEW YORK (AP) — The stock market's first reaction to Friday's stunningly bad jobs report was to take it in stride. But Wall Street slid through the day as investors looked ahead to the likelihood that even worse numbers are on the way.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus.
NEW YORK (AP) — Stocks were falling in early afternoon trading Friday, putting Wall Street on track for its third losing week in the last four.
NEW YORK (AP) — The federal government's relief program for small businesses was off to a bumpy start Friday, with few businesses able to apply and some big banks saying they weren't ready to process applications.
NEW YORK (AP) — Wall Street rallied Thursday for its first gain in three days after a sudden surge in oil prices revived beaten-down energy stocks. But, as has so often been the case in this year's market sell-off, it took a few U-turns to get there.
IOWA CITY, Iowa (AP) — As the federal government prepares to launch a $349 billion loan program meant to help small businesses survive the coronavirus pandemic, critics have growing concerns that some mom-and-pop shops might get squeezed out.
NEW YORK (AP) — Stocks jumped and the price of oil rocketed higher Thursday after President Donald Trump said he expects Saudi Arabia and Russia to cut production of oil, dialing down a price war that had helped send the price of crude plunging. The price of oil soared 25% to $25 a barrel. I…
NEW YORK (AP) — Wall Street and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts — and as experts say they still can't predict when it will end.
Conagra Brands shares rose to a six-week high after the maker of Slim Jims and Mrs. Butterworth’s syrup said it would exceed its fourth-quarter financial guidance as the pandemic drives much higher retail demand for its products. Chicago-based Conagra said it’s “experienced significantly inc…
Pounded by the coronavirus, U.S. stocks have given up most of their gains made since President Donald Trump took office in January 2017, and other global markets are at their lowest levels in up to a decade. Stocks, a growing part of retirement savings for Americans and others around the wor…
Higginbotham is purchasing meals from local eateries that have temporarily reduced their operations to take-out and delivery due to COVID-19 mandates, the company said in a news release.
NEW YORK (AP) — Stocks fell in early trading Tuesday, as Wall Street closes in on its worst quarterly performance since the most harrowing days of the 2008 financial crisis.
Jeffrey R. Schmid has been elected president and CEO of BancAffiliated Inc. and Affiliated Bank of Arlington. Garry J. Graham will remain a senior executive officer at the bank, serving as president, Central and North Texas region.
NEW YORK (AP) — U.S. stocks were pushing higher Monday, led by big gains for health care companies announcing developments that could aid in the coronavirus outbreak. But markets around the world remained tentative amid uncertainty about whether global authorities can do enough to nurse the …
Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being caused by the coronavirus.
NEW YORK (AP) — Tarred as villains during the 2008 financial meltdown, banks of all sizes are trying to help out Americans reeling from the economic crisis caused by the coronavirus outbreak.
NEW YORK (AP) — Stocks were opening lower on Wall Street as the market relinquished some of the gains it piled up over the past three days. Major indexes were down about 3% in early trading Friday. The S&P 500 had shot up 17% over the previous three days as traders became hopeful that Co…
Fort Worth-based First Command Financial Services Inc. announced on March 26 a package of financial relief programs for clients in the military and their families who are encountering hardships as a result of the COVID-19 outbreak and the measures being taken to control it.
NEW YORK (AP) — Stocks marched higher on Wall Street Thursday, putting the market on track for its first three-day rally in six weeks, even as the astonishing scale of the downturn slamming the economy because of the coronavirus becomes more apparent.
NEW YORK (AP) — Stocks scored their first back-to-back gains Wednesday since a brutal sell-off began five weeks ago, but much of an early rally faded late in the day as a last-minute dispute threatened to hold up a $2 trillion economic rescue package in Congress.
How you respond – the love, the compassion, the generosity and the care you exhibit toward your people and customers – will likely define you for the rest of your business career and frankly, given the unique platform you have, may define your whole life.
NEW YORK (AP) — Stocks were higher in another day of bumpy trading Wednesday as Congress moved closer to passing a $2 trillion package to help the economy deal with damage caused by the coronavirus.
The Fort Worth Chamber of Commerce welcomed Cameron Cushman, Director of Innovation Ecosystems at UNT Health Science Center and founder of Sparkyard, was featured online by the Fort Worth Chamber of Commerce March 24.
NEW YORK (AP) — The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus.
NEW YORK (AP) — Stocks are surging on Wall Street Tuesday and joined a worldwide rally as optimism rose, for one day at least, that government officials and central banks are unleashing enough aid to ease the economic pain caused by the coronavirus outbreak.