Fed Chair Powell pledges to use tools to support economy

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing...

Outbreak starts to look more like worldwide economic crisis

By ADAM GELLER, PAUL WISEMAN and CHRISTOPHER RUGABER Associated Press NEW YORK (AP) — The coronavirus outbreak began to look more like a worldwide economic...

Wall Street has worst week since 2008 as S&P 500 drops 11.5%

By ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Stocks sank around the globe again Friday as investors braced for more economic pain from...

US economy grew at 2.1% rate in Q4 but virus threat looms

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The U.S. economy grew at an annual rate of 2.1% in the final quarter of last...

Beyond Meat narrows 4Q loss as plant-based meat sales jump

By DEE-ANN DURBIN AP Business Writer Beyond Meat narrowed its losses in the fourth quarter as sales of its plant-based meat soared. The El Segundo, California-based...

Virus anxiety triggers biggest 1-day market drop since 2011

By STAN CHOE and ALEX VEIGA AP Business Writers Worldwide markets plummeted again Thursday, deepening a weeklong rout triggered by growing anxiety that the coronavirus...

Lowe’s disappoints on 4Q sales, full-year outlook

By ANNE D'INNOCENZIO AP Retail Writer NEW YORK (AP) — Lowe's Cos. on Wednesday reported weaker-than-expected sales for its fiscal fourth quarter and offered an...

Stocks slide on Wall Street, extending steep drops this week

By ALEX VEIGA AP Business Writer Major U.S. stock indexes gave up early gains and closed mostly lower Wednesday, extending the market's heavy losses for...

Microsoft says virus hurting supply chain more than expected

By MATT O'BRIEN AP Technology Writer The virus outbreak in China is hurting Microsoft more than expected, as the company said it won't meet targets...

Home Depot’s same-store sales surge in final quarter of 2019

By MICHELLE CHAPMAN AP Business Writer Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales. The home improvement retailer also boosted its quarterly...

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