The Federal Reserve seems determined to do whatever it takes to help protect the US economy from being devastated by coronavirus-related shutdowns. It’s buying so many bonds that its balance sheet is approaching $6 trillion: Traditionally in recessions, the Fed buys increasing amounts of government bonds, which reduces interest rates. That usually lowers borrowing rates for businesses as well, helping ...

After 10 days of persistent symptoms, Boris Johnson is the first leader of a major country to be hospitalised with Covid-19. There’s never a good time to be sick, but there could hardly be a worse moment for a prime minister who has become such a towering figure in his party and the UK and who has enjoyed strong ratings ...

Bloomberg Indian stocks soared as trading resumed after a holiday, tracking gains in equities across Asia, on optimism that the deadly coronavirus pandemic may be waning in some key global hot spots. The benchmark S&P BSE Sensex rose 7% as of 1:21 pm in Mumbai, while the NSE Nifty 50 Index advanced a similar amount. Markets are only open three ...