6 days ago by msn.com
A global financial slowdown and a hit to the stock market, have a lot of people worried about their financial future. read more...
As global fears rise over the spread of the coronavirus, its impacts are now being felt in the American sports world.
The United Kingdom is already seeing an economic impact from the coronavirus outbreak, the outgoing Bank of England governor told Sky News.
The coronavirus outbreak is affecting business around the world with the Port of Oakland here in the Bay Area just starting to feel the impact.
Appleton International Airport getting good business despite global concern over the spread of coronavirus.
A global financial slowdown and a hit to the stock market, have a lot of people worried about their financial future.
Medical professionals on the frontline of the coronavirus are concerned about their own health.
The coronavirus is having a major effect on Texas’ quinceañera industry — but not in the way you might think. The parties are still going on, but the supplies are short. “All of the materials are pretty much from China,” said Quinceañera Expo director Jose Medrano. Medrano said vendors are having a tough time getting what they need because most of the decorations, fabrics, table settings, lights and dresses are made and shipped from China....
Sacramento area restaurants are battling the fears of the coronavirus as more people are cautious of public spaces.
We reached out to each organization — plus major colleges in our coverage area — to learn more about what precautions they are taking in light of coronavirus.
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WASHINGTON (AP) - The Federal Reserve's latest nationwide survey of business conditions has found that the coronavirus outbreak has begun to impact tourism and disrupt manufacturing chains in parts of the United States. The survey compiled by the Fed's 12 regional banks and released Wednesday found that growth through late February continued at a moderate rate. But it noted that concerns are rising about how the virus that began in China might impact the U.S. economy. Tourism from China is being affected and American manufacturers are beginning to report supply chain delays, the report said. The Fed's San Francisco regional bank reported that the COVID-19 outbreak has led to decreased demand for aircraft from China and other Southeast Asian nations. Some American solar equipment manufacturers have also experienced delayed shipments due to supply-chain disruptions. The survey, known as the beige book, will be part of the discussion when Fed officials meet later this month to review interest rates. The Fed on Tuesday announced a surprise half-point cut in its benchmark rate in an effort to support the economy in the face of the spreading virus. The move, which pushed the Fed's policy rate down to a range of 1% to 1.25%, marked the largest cut since the 2008 financial crisis. Some analysts believe the Fed will cut rates even further at its March 17-18 meeting, especially if the effects of the coronavirus have grown more serious by that time. Federal Reserve Chairman Jerome Powell said at a news conference Tuesday that the Fed is "hearing concerns from people, for example in the travel business, the hotel business and things like that." Fed officials expect the impact to grow "and that's one of the reasons we have come to the view that it would be...