Sergei Klebnikov, Forbes Staff

Author's posts

New York City Mayor De Blasio Says Schools Will Stay Closed Until September—But Cuomo Immediately Disputes It

New Yorkers won’t be going back to school anytime soon.

Cuomo Cites ‘Dramatic Decline’ In Rate Of New York Hospitalizations

Daily ICU Admissions in the state turned negative for the first time.

JPMorgan Forecasts 20% Unemployment And 40% Hit To Second Quarter GDP

The latest estimates for second-quarter GDP are so bad that they have no modern historical precedent.

Here’s Why The Stock Market Just Had Its Best Week Since 1974

Timely stimulus from the Federal Reserve helped stocks finish the week higher.

New York Coronavirus Hospitalizations Drop To Lowest Level Since March 19

“Data suggests that we are flattening the curve so far,” Cuomo said.

Stocks Jump, Brushing Off Unemployment Numbers, After Fed Pumps Another $2.3 Trillion Into The Economy

Stocks rose despite millions more Americans filing for unemployment.

Dow Jumps Nearly 800 Points After Sanders Drops Out Of Presidential Race

Stocks ended the day over 3% higher.

Coronavirus Hospitalizations In New York Drop Significantly For Fourth Day In A Row

Social distancing in New York is successfully “flattening the curve,” Cuomo said.

Stocks Open Slightly Higher As Investors Grapple With Coronavirus Data

Can stocks recover after finishing Tuesday in the red?

Stocks Turn Negative As Experts Warn Against Undue Coronavirus Optimism

The market rose nearly 4%, before ending the day negative.