Stock Market’s 11-Year Bull Market, Ends on Coronavirus Upheaval.
The Dow Jones closed on
Wednesday on a near six percent decline.
Since the peak on
Wall Street a few weeks ago,
the Dow is down 20 percent.
Fears of a global recession intensified
as the World Health Organization
declared COVID-19 a pandemic
on Wednesday.
Before the outbreak intensified
just weeks ago, few economists
considered a recession remotely plausible.
Analysts were quick to
point to lawmakers and
the Trump administration.
If the Trump administration and Congress can’t get it together quickly and put together a sizable and responsible package, then a recession seems like a real possibility here, Mark Zandi, Moody’s, ‘The New York Times’.
The virus is beatable, but the measures that are required to beat it are economy killers, Ian Shepherdson, ‘The New York Times’.
While most agree that slowing
the rapid spread of COVID-19 is
the definite first priority.
economists say that
targeted industry stimulus
might prevent layoffs.
Cash payments might allow
hourly wager earners to keep spending
even if their hours are cut.
According to economists,
theses strategies could help
stave off a recession
The body was found in the wheel well of one of the main landing gears on flight 202, which arrived at Kahului Airport from Chicago.
The dual Israeli-American citizen has come to symbolize the sacrifice by hundreds of fallen soldiers in what many in Israel see as a war for the country’s survival.
Although Israel and Hamas have expressed optimism that progress was being made toward a deal, sticking points remain over the exchange of hostages.
The Raiders will have plenty of cap space this offseason. They’ll need to figure out how much to allocate to their 16 pending free agents.
A 57-year-old man was killed after a two-vehicle crash Wednesday morning in the central Las Vegas Valley involving a driver suspected of impairment.
Alex Pietrangelo almost retired from hockey in 2022 because of his ill daughter. Two years later, his family is still a driving force in his NHL career.
A family fell victim to rental fraud. The son’s school then stepped in to give them a cheery Christmas.
Camels were useful in early Nevada because they did well in the desert and could also sustain cold weather.
A man died after being struck by a truck in North Las Vegas.
