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European shares slide on rise in coronavirus cases, weak U.S. data
By Susan Mathew (Reuters) – European shares fell on Friday after data showing stalling business activity in the United States exacerbated a fall spurred by a spike in the number of coronavirus cases within and outside China. Investors worry about a prolonged impact to business after China reported an uptick in cases of the virus […]
Fed’s Evans expects virus impacts on economy to be short-lived
CHAMPAIGN, Ill. (Reuters) – The coronavirus outbreak will likely have only a “short-lived” impact on the U.S. economy, with a hit to growth in gross domestic product limited to perhaps a few tenths of a percentage point, Chicago Federal Reserve Bank President Charles Evans said on Tuesday night. “The expectation is that it is going […]
Trump retweets video of supporter shouting 'white power'
WASHINGTON (Reuters) – U.S. President Donald Trump retweeted a video showing one of his supporters in Florida shouting “white power” at protesters of his administration, drawing an immediate rebuke from the only Black Republican in the Senate. The video on Twitter shows Trump protesters and supporters shouting profanities at each other. After a protester calls […]