The U.S. economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic,

The S&P 500 and the Dow Jones indexes were set to rise on Monday,

The S&P 500 and the Dow Jones indexes were set to rise on Monday,

Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc (JCP.N) out of bankruptcy should the U.S. department store

Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc (JCP.N) out of bankruptcy should the U.S. department store

Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc (JCP.N) out of bankruptcy should the U.S. department store

Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc (JCP.N) out of bankruptcy should the U.S. department store

"If it's $2 billion, I can say, no. $3 billion, no," he added. "As long the amount is not something we think we can accept"

Expectations that the global economy has dodged the worst-case coronavirus pandemic scenarios have led to a dramatic sell-off in U.S. government

Expectations that the global economy has dodged the worst-case coronavirus pandemic scenarios have led to a dramatic sell-off in U.S. government

European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization,

European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization,

Austria opposes Europe's current 750 billion plan to help economies recover from the coronavirus epidemic and wants to discuss changes to the proposal.

Austria opposes Europe's current 750 billion plan to help economies recover from the coronavirus epidemic and wants to discuss changes to the proposal.