Options being discussed internally include a payroll tax cut and calling on the Federal Reserve to cut interest rates.
European markets are set to open higher Monday as investor sentiment is boosted by promises of a global monetary policy response to mitigate the economic impact of the coronavirus.
"What level of interest rates is required to incentivize you to risk the death of yourself and your family?" one strategist asked.
NEW YORK: The global oil benchmark ended Tuesday slightly lower under pressure from falling equities, but the losses were contained slightly as top producers considered more output cuts to support prices and the Federal Reserve cut U.S. interest rates to support the economy.
"How quickly that can be deployed will depend on some of the early data that we have, some animal data, what we will see in patients," Regeneron CEO Leonard Schleifer told CNBC.
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IMF chief says coronavirus wipes out hopes for faster growth in 2020
IMF chief says coronavirus wipes out hopes for stronger growth in 2020
The IMF now expects 2020 world growth to be below the 2.9% rate for 2019.Changed forecast would represent more than 0.4-percentage-point drop from the 3.3% growth IMF had estimated
Oil lower on coronavirus fears despite Fed rate cut and hopes for OPEC+ output cut
The global spread of the novel coronavirus has crushed hopes for stronger growth this year and will
The global spread of the novel coronavirus has crushed hopes for stronger growth...
The head of the International Monetary Fund (IMF) says the coronavirus outbreak has eliminated hopes of stronger economic growth in 2020 and will likely cap output gains to the lowest rate since the 2008-09 financial crisis.
After 2008, Iceland swore never again to build an economy only on banks. But its latest big export -- tourism -- might have left it exposed to a whole new world of trouble.
North Korean leader Kim Jong Un has expressed the hope that neighboring South Ko...