Economic Indicators

Economists expect the U.S. economy to add fewer jobs than it did in January, a blowout month for the labor market.

HSBC told staff who came into contact with an infected employee to work from home as areas affected undergo a thorough clean.

American Samoa's economy relies heavily on agriculture exports.

U.S. private payrolls increased more than expected in February, pointing to labor market strength before a recent escalation of recession fears.

LendingTree CEO Doug Lebda admitted he's talked to business owners who say coronavirus is having "a major, major impact" on them, especially if their companies' supply chains are in Asia.

Powell acknowledged the rate cut would not fix a broken supply chain in China but said it could help insulate the economy from potential slowdown.

The central bank lowered its benchmark fed funds rate by 50 basis points, the largest reduction since the 2008 financial crisis.

On average, recessions since the end of World War II have ranged anywhere from six months to 16 months.

The virus, which causes a disease called COVID-19, has killed more than 3,000 people, with close to 90,000 cases reported worldwide.

U.S. factory manufacturing activity slowed in February as new orders contracted, likely reflecting worries about supply chain disruptions related to the fast-spreading coronavirus outbreak, which has revived financial market fears of a recession.

Chinese factory activity fell at its fastest rate and to its lowest level on record

Wall Street is preparing for the worst that the coronavirus can bring it

Powell's statement comes amid an extended global meltdown that has major U.S. averages on track for their steepest weekly decline since the financial crisis.

Malls would be the most-avoided location if the outbreak worsens.

The virus has killed close to 3,000 people, with more than 80,000 cases reported worldwide.

The virus, which causes a disease called COVID-19, has killed close to 3,000 people, with more than 80,000 cases reported worldwide.

About 53 percent of Americans are satisfied with the global position of the U.S., the poll, released on Thursday, found. 

Economists initially said the economy grew at a 2.1 percent annualized rate in the fourth quarter.

Overall, 2020 is expected to be another tough year for both homebuyers and sellers.

While a growth slowdown could be cushioned by ultra-loose monetary policy among the world's major central banks, it also may trigger new debt crises in emerging markets.