The S&P 500 fell for the seventh straight day and the benchmark index suffered its biggest weekly drop since the 2008 financial crisis on growing fears the spreading coronavirus could push the economy into recession, although stocks regained some ground right at the end of a volatile session.
Business & Financial News, U.S & International Breaking News
Trump again nominates Congressman Ratcliffe as his intelligence director
President Donald Trump said on Friday he again was tapping Republican Representative John Ratcliffe to be the nation's top spy, a loyalist whose first nomination he dropped last year amid questions about a lack of experience and possible resume embellishment.
Trump's 'Remain in Mexico' immigration policy allowed to proceed temporarily
A U.S. appeals court on Friday temporarily put on hold a decision to block one of President Donald Trump's signature immigration policies that reined in a surge of migrants on the southern border, forcing tens of thousands to wait in Mexico.
United States expresses concern over arrest of Hong Kong publisher
The U.S. State Department has expressed concern after Chinese-ruled Hong Kong arrested publishing tycoon Jimmy Lai, an outspoken critic of Beijing, and two pro-democracy activists.
Malaysian rivals Mahathir and Anwar ally again amid turmoil
Malaysia's Mahathir Mohamad will stand for prime minister on behalf of the former ruling coalition, he said on Saturday, less than a week after he quit and plunged the country into political turmoil.
Wall Street Weekahead: Main Street leans toward Sanders, but Wall Street says Trump
Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on what November will bring: four more years of President Donald Trump.
Harley-Davidson looks for new leadership to end its sales struggle
Harley-Davidson Inc on Friday named a board member hailed for turning around the Puma brand's near-bankrupt business as its interim chief as the motorcycle maker gropes for an effective strategy to woo young customers and revive sales.
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