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Medical personnel move a deceased patient to a refrigerated truck serving as a makeshift morgue at Brooklyn Hospital in New York City. Photograph: Angela Weiss/AFP/Getty Images

The number of new jobless claims rose by 6.2 million in the United States last week, bringing to 17 million the total number of people who have sought(...)

Traders on the floor of the New York Stock Exchange. Photograph: Mark Abramson/New York Times

European stock markets gained for a fourth straight day on Thursday with sentiment propped up by the latest round of stimulus from the US Federal Res(...)

An ATM in Valencia, Spain, displays a #StayAtHome message. Much now depends on banks’ ability to withstand coronavirus and its aftershocks. Photograph: EPA

On the day that Lehman Brothers filed for bankruptcy in September 2008, the front page of the Financial Times carried a photograph of John Thain, the (...)

Futures on the S&P 500 Index slid more than 2.5 per cent after Donald Trump warned of a “painful” two weeks ahead Photograph: Johannes Eisele/AFP via Getty Images

Irish and European shares turned lower in early trading on Wednesday, following two days of tentative gains, as US president Donald Trump changed his (...)

Wall Street stocks took just 16 days to tumble 20 per cent from their record high, easily eclipsing the previous record for swiftest fall into a bear market that was set in 1929 at 44 days

Bruised investors closed the books on the biggest quarterly drop for US equities since the financial crisis on Tuesday, as a late sell-off in the fina(...)

Republican Senate Majority Leader Mitch McConnell arrives at the Senate chamber at Capitol Hill in Washington DC on Wednesday. The Trump administration and Congress have negotiated a coronavirus COVID-19 stimulus package worth an estimated $2 trillion. Photograph: EPA

“In effect, this is a wartime level of investment into our nation.” That is how Kentucky Republican Mitch McConnell, the Senate majority leader, des(...)

US president Donald Trump at his most recent Covid-19 press update. Photograph: Getty

Pinning hopes for a fast and lasting bounce in markets on massive stimulus from the US government? While no two episodes are the same, that’s not wha(...)

Barrels of oil against the background of American dollars. Sale of oil. Oil market.

Oil prices rose around 4 per cent on Tuesday on hopes that the United States will soon reach a deal on a $2 trillion coronavirus aid package that cou(...)

Photograph: iStock

Ireland’s Iseq stocks index, and wider European equity markets, rallied on Tuesday as a fresh round of monetary and fiscal stimulus offered some relie(...)

New York governor Andrew Cuomo: A total of 157 people have died from the virus in New York, accounting for approximately one-third of all deaths in the US. Photograph: Mike Segar

US president Donald Trump hinted on Monday that he could consider reopening key parts of the US economy, amid frustration with the economic impact of (...)

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