Mike Bloombergs new plan to crack down on…

Reuters Bloomberg rolled out a plan to crack down on Wall Street that mirrors proposals from Sanders and AOC, notably the inclusion of a financial transactions tax. It calls for tougher oversight of the largest…

Apple sees $43 billion in market value wiped…

Getty/Justin Sullivan Apple shares sank as much as 2.3% early Tuesday after the company announced it will miss its fiscal second-quarter revenue expectations due to coronavirus fallout. The outbreak has "temporarily constrained" global iPhone supply…

China will start destroying cash collected in areas…

China Photos/Getty Images The People's Bank of China announced it will begin destroying notes collected by hospitals, buses, and markets in coronavirus-addles locales, financial news outlet Caixin reported. China's central bank will also disinfect some…

More than 64,000 infected, GDP cuts, and SARS…

Tingshu Wang / Reuters Coronavirus has infected 64,000 and killed 1,380 so far. And as the health crisis worsens, it's become increasingly clear that the outbreak will have wide-reaching economic consequences.  China's economy is forecast…

An inside look at the debate around pandemic…

AP Images / Kin Cheung Investors holding the World Bank's pandemic bonds stand to either reap massive profits or lose hundreds of millions of dollars, depending on the coronavirus outbreak's lethality. The instruments offer higher-than-average…