delta-corona-022820.jpg Delta Air Lines is cutting down its flights to South Korea amid growing concerns about the spread of the new virus to the country. The carrier said it will suspend service between Minneapolis/St. Paul and Incheon from February 29 through April 30. The last flight departing from Minneapolis to Incheon...

wallstreet-sept12_27feb20.jpg Stocks attempted to recover from early sell-off during trading on Thursday but pulled back once again to end the session sharply lower. The major averages closed lower for the sixth straight session, with the Dow tumbling to its lowest closing level in six months.

retailsales-feb27.jpg Retails sales are expected increase between 3.5% to 4.1% in 2020, according to the National Retail Federation. The NRF expects retail sales during 2020 to increase between 3.5% and 4.1% to more than $3.9 trillion despite negative impacts of lingering trade war with China, coronavirus outbreak and...

wallstreet-sep4_27feb20.jpg After moving sharply lower early in the session, stocks have regained some ground over the course of the trading day on Wednesday. The major averages have climbed well off their worst levels of the day but remain firmly in negative territory.

wallstreet-nov02_27feb20.jpg Stocks have moved sharply lower in morning trading on Thursday, extending the sell-off seen over the past several sessions. With the steep drop on the day, the Dow has tumbled to its lowest intraday level in almost five months.

pending-home-sales-022720.jpg After reporting a steep drop in pending home sales in the U.S. in the previous month, the National Association of Realtors released a report on Thursday showing pending home sales rebounded by much more than anticipated in the month of January. NAR said its pending home sales spiked by 5.2 percent to 108.8 in January after plunging by 4.3 percent to a revised 103.4 in December.

panerabread-feb27.jpg Panera Bread Co. is launching a new subscription program that will allow customers to drink unlimited coffee and tea. The new program of $8.99 per month launches Thursday and covers hot coffee, iced coffee and hot tea. With the introduction of the subscription, Panera becomes the first national restaurant company to offer unlimited hot drip coffee, iced coffee and hot tea for $8.99 per month.

bestbuyjcp_27feb20.jpg Best Buy Co. Inc. (BBY) Thursday reported a fourth-quarter profit that increased 1.4 percent from last year, while, J. C. Penney Co.'s (JCP) quarterly profit dropped 64 percent. However, the results of the companies topped analysts' estimates.

gdp-022720.jpg A report released by the Commerce Department on Thursday showed the pace of U.S. economic growth in the fourth quarter of 2019 was unrevised from the initial estimate. The Commerce Department said real gross domestic product increased by 2.1 percent in the fourth quarter, unchanged from the estimate provided last month and in line with economist estimates.

durable-orders-022720.jpg Reflecting a sharp drop in volatile defense orders, the Commerce Department released a report on Thursday showing a modest decrease in U.S. durable goods orders in the month of January. The Commerce Department said durable goods orders edged down by 0.2 percent in January after spiking by an upwardly revised 2.9 percent in December.

coinbaseholds-april03_27feb20.jpg US-based cryptocurrency exchange Coinbase has enabled support for users of their wallets to send cryptocurrencies such as Bitcoin using short user-friendly addresses instead of traditional long hexadecimal addresses. Every Coinbase Wallet user has a small and simple username.

saudiarabia-feb27.jpg As coronavirus continues to spread to more countries, Saudi Arabia banned foreign pilgrims entering the country to prevent the spread of the deadly virus in the Kingdom. The oil rich country's Ministry of Foreign Affairs said in a statement that it is suspending entry for people with a tourist visa, if they come from coronavirus-hit countries. It is not clear if the temporary ban on religious p

jobless-claims-022720.jpg First-time claims for U.S. unemployment benefits climbed by more than expected in the week ended February 22nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 219,000, an increase of 8,000 from the previous week's revised level of 211,000.

wallstreet-aug15_27feb20.jpg After turning lower over the course of the previous session, stocks may see some further downside in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 332 points.

Gilead Sciences Inc. (GILD) shares are rallying after the company announced more trials for Coronavirus treatment. The company has initiated two Phase 3 clinical studies to evaluate the safety and efficacy of remdesivir in adults diagnosed with COVID-19 (novel coronavirus). These randomized, open-label,...

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