Oil Price Goes Negative As Demand Collapses; Stocks Dip
Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders donβt want to get stuck owning crude with nowhere to store it.
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Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders donβt want to get stuck owning crude with nowhere to store it.
A gunman disguised as a police officer shot people in their homes and set fires in a rampage across the Canadian province of Nova Scotia that killed 16 people, the deadliest such attack in the countryβs history. Officials said Sunday the suspected shooter was also dead.
President Donald Trump gave governors a road map Thursday for recovering from the economic pain of the coronavirus pandemic, laying out βa phased and deliberate approachβ to restoring normal activity in places that have strong testing and are seeing a decrease in COVID-19 cases.
Apple is releasing a new iPhone that will be vastly cheaper than the models it rolled out last fall when the economy was booming and the pandemic had yet to force people to rethink their spending.
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
British Prime Minister Boris Johnson was discharged from a London hospital where he was treated in intensive care for the coronavirus as the U.K. on Sunday became the fourth European country to surpass 10,000 virus-related deaths.
The U.S. death toll from the coronavirus eclipsed Italyβs for the highest in the world Saturday, surpassing 20,000, as Chicago and other cities across the Midwest braced for a potential surge in victims and moved to snuff out smoldering hot spots of contagion before they erupt.
The coronavirus pandemic that has crippled big-box retailers and mom and pop shops worldwide may be making a dent in illicit business, too.
British Prime Minister Boris Johnson was moved out of intensive care Thursday at the London hospital where he is being treated for the new coronavirus, as his government told Britons to prepare for several more weeks in lockdown.
British Prime Minister Boris Johnson has been moved to the intensive care unit of a London hospital after his coronavirus symptoms worsened.
Itβs a scene playing out all over the world. The empty streets, the silent playgrounds and the lone commuter. Rush hour feels more like hush hour.
The Walt Disney Co. on Friday overhauled its release schedule by moving the dates of half a dozen Marvel movies, announcing a new one for the live-action adaption of βMulanβ and pushing one movie, βArtemis Fowl,β to Disney Plus, in response to the coronavirus pandemic.
James Campbell, a former professional javelin thrower, spent his 32nd birthday on Wednesday doing 20-foot shuttles from one end of his small backyard to the other after promising to run a marathon if one of his Twitter messages received 10,000 retweets.
Wimbledon was canceled on Wednesday because of the coronavirus pandemic, the first time since World War II that the oldest Grand Slam tennis tournament wonβt be played.
The number of confirmed coronavirus infections worldwide topped 600,000 on Saturday as new cases stacked up quickly in Europe and the United States and officials dug in for a long fight against the pandemic.
Schools have shut their doors to students as tens of millions of people around the world are hunkered down in government-ordered isolation in hopes of stopping or at least slowing the advance of the coronavirus pandemic.
The number of coronavirus infections closed in on a half-million worldwide Thursday, with both Italy and the U.S. on track to surpass China, and a record-shattering 3.3 million Americans applied for unemployment benefits in a single week in a stark demonstration of the damage to the worldβs biggest economy.
Prince Charles, the heir to the British throne, has tested positive for the new coronavirus, his office said Wednesday.
IOC President Thomas Bach has agreed β100%β to a proposal of postponing the Tokyo Olympics for about one year until 2021 because of the coronavirus outbreak, Japanese Prime Minister Shinzo Abe said Tuesday.
