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Plunging yields force investors and Fed to rethink strategy

Plunging yields force investors and Fed to rethink strategy

WASHINGTON — The response in stock markets to the growing risk from the coronavirus has been swift and fierce. But a better gauge of fear on Wall Street may be the bond market, where the moves over the past few weeks have been even more breathtaking.
Ohio State settling some suits over doc abuse; cost unclear

Ohio State settling some suits over doc abuse; cost unclear

COLUMBUS, Ohio — Ohio State reached an unspecified settlement with nearly half of the roughly 350 men who say they were sexually abused decades ago by a team doctor who was jokingly known among some athletes by nicknames like “Dr. Jelly Paws.
Oil price dives as OPEC, Russia fail to agree on output cut

Oil price dives as OPEC, Russia fail to agree on output cut

VIENNA — OPEC and key ally Russia failed to agree Friday on a cut to oil production that would have contained the plunge in the price of crude caused by the new coronavirus outbreak's massive disruption to world business.

Pence: 21 on cruise ship test positive for coronavirus

WASHINGTON — Vice-President Mike Pence says 21 people on a cruise ship being held off San Francisco have tested positive for coronavirus. He also urged older Americans to “use caution” in planning any cruise ship vacation.
Skiing finals, Italian cycling races cancelled due to virus

Skiing finals, Italian cycling races cancelled due to virus

MILAN — The alpine skiing World Cup Finals and major Italian cycling races were among the latest sporting events to be cancelled on Friday because of the escalating virus outbreak.

Vatican halts Mexico abuse prevention mission, cites virus

MEXICO CITY — Mexico's bishops said Friday the Vatican had suspended a clerical sex abuse fact-finding and assistance mission to Mexico due to the spreading coronavirus in Italy and now the Vatican.
Iran warns it could use 'force' to halt travel amid virus

Iran warns it could use 'force' to halt travel amid virus

TEHRAN, Iran — Iranian authorities warned Friday they may use “force” to limit travel between cities and announced the new coronavirus has killed 124 people amid 4,747 confirmed cases in the Islamic Republic.
US job market looked robust before virus outbreak escalated

US job market looked robust before virus outbreak escalated

WASHINGTON — Hiring in the United States jumped in February as employers added 273,000 positions, evidence that the job market was in strong shape before the coronavirus began to sweep through the nation.
Tunisia: Suicide bombers near US Embassy kill, injure police

Tunisia: Suicide bombers near US Embassy kill, injure police

TUNIS, Tunisia — Two suicide bombers blew themselves up near the U.S. Embassy in Tunisia on Friday, killing one police officer and wounding four others, the Interior Ministry said.

Tokyo organizers downsize arrival ceremony for Olympic torch

Tokyo organizers are downsizing the arrival ceremony for the Olympic torch because of the spreading coronavirus.