Economy

The surprise rate cut comes before the central bank's next scheduled policy meeting.

With the largest rate cut since 2008, the Fed aims to stabilize markets amid global spread of the coronavirus.

Northern Trust chief investment officer on how the virus's spread and other factors are affecting the firm's outlook.

However, the federal budget deficit is expected to top $1 trillion for the first time since 2012, and to reach 5.4% of GDP.

How to determine whether the time is right to plan for strategic growth, funded by debt or equity.

Overall, U.S. finance execs are the most optimistic in the world, even though 52% expect to see a recession in 2020.