MARKETWATCH FRONT PAGE
U.S. stock losses accelerate again on Wednesday as hopes were dented for a quick round of fiscal stimulus to cushion the U.S. economy against the impact of the COVID-19 epidemic. See full story.
To save the economy from COVID-19, the only effective policy is medical, not monetary or fiscal
Monetary or fiscal policy can’t rescue the economy from COVID-19. The only ‘appropriate tools” in this crisis are those wielded by medical practitioners and epidemiologists. See full story.
Bank of England’s coronavirus combo of rate cut and funding plan is good central banking lesson for Fed and ECB
Warning that the coronavirus would bring a “sharp and large shock” to the U.K. economy, the Bank of England Wednesday morning to cut interest rates by 50 basis points to 0.25%, and launched a special financing facility to help businesses cope with the outbreak’s fallout. See full story.
Airlines are slashing ticket prices for domestic flights amid the coronavirus outbreak — and prices could stay low into summer
Flights to destinations like Miami and Las Vegas are as much as 35% cheaper currently due to reduced travel in the wake of the COVID-19 outbreak. See full story.
This controversial energy stance splits top Democrats — and likely the country
The debate over controversial fracking in 2020 battleground state Pennsylvania — especially as the U.S. tightens its clasp on energy independence — divides the last Democrats vying for the party’s presidential nod. Their pro-fracking rival, incumbent Donald Trump, won the state as part of his unexpected march to the White House four years ago. See full story.
MARKETWATCH PERSONAL FINANCE
As lawmakers debate options for a financial plan to combat the impact of COVID-19, here are some key questions to consider. See full story.
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