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The Latest
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U.S. GDP Falls A Record 31.4% In Second Quarter On Coronavirus Effects
Both consumer and business spending, which account for about three quarters of gross domestic product, fell in the second quarter. 
Both consumer and business spending, which account for about three quarters of gross domestic product, fell in the second quarter. -
Eurozone Q2 GDP Plunges Record 12.1%
Member states of the eurozone suffered greatly from the COVID-19 pandemic's catastrophic economic slowdown in the second quarter. 
Member states of the eurozone suffered greatly from the COVID-19 pandemic's catastrophic economic slowdown in the second quarter. -
UK April Car Sales Plunge by 97%
UK car sales in April were at their lowest in 74 years as a result of the demand destruction caused by COVID-19. 
UK car sales in April were at their lowest in 74 years as a result of the demand destruction caused by COVID-19. -
Saudi Arabia Announces $32 Billion in Emergency Stimulus
Saudi Arabia's economy is paying a heavy price due to the raging COVID-19 pandemic that's destroying demand and a price war robbing the country of desperately needed revenues. 
Saudi Arabia's economy is paying a heavy price due to the raging COVID-19 pandemic that's destroying demand and a price war robbing the country of desperately needed revenues. -
Oil Prices Plunge After Huge Rally
Oil prices plunge anew and some analysts are now openly speculating about $5 oil. 
Oil prices plunge anew and some analysts are now openly speculating about $5 oil. -
Dow Falls Below 20,000 In Huge Wednesday Selloff
A billionaire American investor warns "Hell is coming" after all three Wall Street indices plunge for the second time in three days due to the economic slowdown triggered by COVID-19. 
A billionaire American investor warns "Hell is coming" after all three Wall Street indices plunge for the second time in three days due to the economic slowdown triggered by COVID-19. -
US Rate Cut Panics Investors; Wall Street Set For 1,000 Point Loss
The rate cut Sunday by the U.S. Federal Reserve to near 0% has failed to prevent a massive futures selloff that heralds another huge plunge when Wall Street opens on Monday. 
The rate cut Sunday by the U.S. Federal Reserve to near 0% has failed to prevent a massive futures selloff that heralds another huge plunge when Wall Street opens on Monday. -
Passenger Car Sales In China Plunge A Record 80%
Covid-19 triggers a historic 80% plunge in car sales in China for February but sales are now slowly picking-up. 
Covid-19 triggers a historic 80% plunge in car sales in China for February but sales are now slowly picking-up. -
Wall Street Plunges Again: Dow in Correction; Recession Rumors Raging
Wall Street panics and plunges into correction Thursday on fears the first confirmed community spread of Covid-19 in California will lead to a nationwide outbreak. 
Wall Street panics and plunges into correction Thursday on fears the first confirmed community spread of Covid-19 in California will lead to a nationwide outbreak.
