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"From an economic perspective, the virus has created dislocation in the market and fear among the people."

Under the hood, Services inflation continues to accelerate to its highest since August 2016 as goods inflation languishes...

"Worse than 9/11 and Chernobyl put together..."

The BoJ bought 100.2 billion yen ($979 million) on Monday, matching a record pace of purchases made twice last week...

The month is traditionally a slower one for the heavy duty trucking industry, but this year included an extra day...
 

"This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning."

"Both economists have called for going big and going quickly."

Sweden has confirmed 203 cases of the virus since January, though no deaths have been recorded in the country...

The European economy is grinding to a halt. Fourth quarter GDP growth slowed to the lowest for almost seven years, and supply-side disruption from the coronavirus and new regulations in the auto sector will compound the weakness.

Consumers see the stock market as a gauge of the health of the economy and the state of their personal finances. When the stock market sells off violently, it sends an ominous message.

"Forty vessel sailings have been canceled from Asia, mainly China, to the Port of Los Angeles from Feb. 11 through April 1. Those 40 vessel cancellations would represent nearly 25% of our normal traffic."

A Yale professor interviewed the ultra-wealthy in Teton County, WY to find out what it’s like to be really, really rich.

"...which policy makers via monetary, fiscal, credit coordination must short-circuit."

Many analysts were expecting that the BLS would take advantage of the ongoing market shock and "kitchen sink" even more bad news. They were wrong.

"the February survey period was too early to show a meaningful impact of the coronavirus outbreak on hiring"

Unfortunately, those in power, who benefit from the status quo and from holding the reins of large states, are unlikely to relinquish their power without a fight...

As March 9 deadline looms for repayment of $1.2 billion in Eurobonds during worst economic crisis in three decades.

"We have returned to the offices, but production has not resumed at all."

And this was all before the coronavirus impacted the global economy...

"Some Apple stores have also noticed a shortage of individual parts."