New orders for February were revised to 1.1%. Boeing saw a spike in canceled plane orders in March due to the travails of the 737 MAX, which has been grounded for more than a year after two fatal...

More details will come out in the weeks to follow but so far it looks like businesses paying $50,000 or less in rent will have to pay only 25% of their rent for April, May and June. And like Hillman, ...

More protests are being staged around the country this week. On Wednesday, workers at the Amazon fulfillment center in Carteret, New Jersey - just across the river from Staten Island - received a ...

It comes days after another report detailed rapid recovery in fever and respiratory symptoms in some patients with COVID-19 - the sometimes deadly respiratory illness caused by the coronavirus - who...

President Trump on Friday signed the almost $500 billion "Phase 3.5" emergency interim coronavirus relief package into law after Congress passed legislation this week replenishing the fund for small...

House lawmakers approved the next infusion of aid for small businesses and hospitals, amounting to $484 billion, on Thursday. New orders for key US-made capital goods unexpectedly rose in March, but...

The aid package passed both houses of Congress with broad bipartisan support and replenished the depleted Paycheck Protection Program (PPP), created to keep workers on payrolls, and Economic Injury...

Noting a competitive global scramble to obtain personal protective equipment (PPE), Trudeau said: "Part of the investment we're making.is to establish the capacity of developing vaccines and mass-prod...

And then European Union leaders concluded a meeting by saying talks among all coalition countries ended without an agreement on a recovery package. All three main USA stock indexes trimmed increases...

Tyson says all 2,800 workers at the Waterloo plant will be able to come back to the plant later this week to be tested for COVID-19. A report by the AP, published Wednesday, said the plant was closing...

The airline was more than Aus$5 billion ($3.2 billion) in debt and had appealed for a Aus$1.4 billion loan to stay afloat, but the government refused to bail out the majority foreign-owned company. Me...

Before new restrictions on businesses in the state took effect last month, 634 new jobless claims were filed for the week of March 8 to March 14, according to state labor data . "As such it would...

A group of six southern Republican governors are coordinating the reopening of their states' economies even as some health experts argue they have not reached the testing capacity required to do so sa...

If your bank account information is old, you might be anxious about receiving a stimulus payment . For SSA/RRB recipients with children who miss the April 22 deadline , their payment at this time ...

It said its revenue has been "dramatically affected" by the coronavirus crisis and that it meant to use the PPP loan money to pay its employees and hire back furloughed workers. "At the end of last ...

Mnuchin said. "The next round of funds must be focused on small businesses, with better oversight and transparency". Sweetgreen, a prolific fundraiser that was recently valued at $1.6 billion , rev...

And global benchmark Brent was not itself spared the market turmoil, plunging to the lowest level since 2001 on Wednesday. The futures for May delivery of West Texas Intermediate rose almost $39 but...

Wednesday's surge came after US President Donald Trump threatened to shoot at Iranian boats in a key waterway for crude shipments after Washington accused its arch-foe of harassing its ships in the Gu...

That meant that instead of paying to buy oil, some traders were ready to pay to get someone to accept delivery. Prices remain well above zero for oil elsewhere in the world and for deliveries furthe...

He resisted the changes", said Senate Minority Leader Chuck Schumer (D-NY). The Senate swiftly approved it by consent late Tuesday, despite opposition from key conservatives, Sen. Of the new f...

But that has had little effect, with prices continuing to plummet, as analysts predict it will not make up for the massive hit to demand. Prices have plunged as lockdowns and travel restrictions int...

When the first government stimulus plan was approved, Fisher immediately applied for the PPP to help keep the staff of her five businesses employed. Photo (c) Piotrekswat - Getty ImagesAfter being h...

This is the highest Nigeria's inflation has risen since 12.48% was recorded in April 2018. Canada's annual inflation rate tumbled to a near five-year low of 0.9% in March as the coronavirus crisis a...

Unlike a dry dual-clutch transmission, the wet N DCT uses oil to "significantly improve lubrication and cooling performance, which is typical of higher torque applications". Fun! It will then automa...

The Nasdaq lost 297.50 points, or 3.5%, to 8,263.23. The benchmark index remains nearly 17 per cent below its February record high, and analysts have warned of a deep economic slump from the halt ...

Still, the U.S. is far from the only nation to be threatened by the declining oil markets. President Donald Trump vowed on Monday to "look at" a potential embargo on Saudi oil shipments to the Uni...

The Swedish furniture giant has made their secret meatball recipe public. So much so that if you told us that you'd never been to Ikea just to get your hands on a plate meatballs (and ended up with a ...

The benchmark S&P 500 and Nasdaq dropped 3.1 and 3.5 per cent respectively. Stocks have been on a generally upward swing recently, and the S&P 500 just closed out its first back-to-back weekly gain ...

Gas prices could continue to fall with the oil market in turmoil. Monday oil prices went into the negative for the first time in history. "At this point, it doesn't look like gasoline will be ...

There's not much to comment when it comes to the styling, as the only change compared to the A3 Sportback is the sedan-style rear end - even the taillights are identical. Powertrain options for the ...

Demand is way down. The news may weigh on Refining NZ, which is already reviewing its future and has said fundamental change is needed to stay competitive, and New Zealand Oil & Gas, which has said ...

United States oil plunged into negative territory for the first time on record on Monday, as economies around the world shut down to contain the coronavirus pandemic, crippling global demand for ene...

Broader market also reeled under pressure with BSE 500 index declining 2.93 per cent. BSE Midcap and Smallcap indices dropped 2.73 per cent and 2.96 per cent, respectively. WTI crude for May deliv...

June Brent crude oil is at $21.29, down $4.28 or -16.74%. Monday's plunge is a troubling sign of an unprecedented global supply-demand imbalance in the first half of the year, as supply of crude o...

The May contract expires on Tuesday, while the June contract, which is more actively traded, jumped $1.72 cents, or 8.4%, to $22.15 a barrel. The May US WTI contract fell $55.90, or 306%, to settle ...