Economy

A man reads a newspaper with the headline: 'PM in intensive care', outside St Thomas' Hospital in central London as British Prime Minister Boris Johnson is in intensive care fighting the coronavirus in London, Tuesday, April 7, 2020. Johnson was admitted to St Thomas' hospital in central London on Sunday after his coronavirus symptoms persisted for 10 days. Having been in hospital for tests and observation, his doctors advised that he be admitted to intensive care on Monday evening. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death.(AP Photo/Kirsty Wigglesworth)
April 08, 2020 - 3:29 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — New York virus death toll tops 9/11 deaths. —...
Read More
A man stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, April 8, 2020, in Tokyo. Asian shares were mostly lower after gyrating in early trading amid uncertainty over the coronavirus outbreak. Japan’s Nikkei 225 inched up in Wednesday morning trading, but benchmarks in Australia, South Korea and Chine are lower. (AP Photo/Eugene Hoshiko)
April 08, 2020 - 2:05 am
TOKYO (AP) — Japan's benchmark advanced but other Asian shares fell Wednesday amid uncertainty over the coronavirus outbreak, which continues to claim more lives around the world. Japan's Nikkei 225 jumped 2.1% to finish at 19,353.24. Stronger than expected machinery orders helped lift sentiment...
Read More
Customers wear face masks as they line up to enter a supermarket keeping social distancing following the government's measures to help stop the spread of the coronavirus, in Tel Aviv, Israel, Tuesday, April 7, 2020. Israeli Prime Minister Benjamin Netanyahu announced Monday a complete lockdown over the upcoming Passover holiday to control the country's coronavirus outbreak, but offered citizens some hope by saying he expects to lift widespread restrictions after the week-long festival. (AP Photo/Oded Balilty)
April 07, 2020 - 10:30 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus. ___________ CUSTOMERS FIRST: The pandemic is sapping trillions from the economy and the...
Read More
President Donald Trump listens during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)
April 07, 2020 - 8:58 pm
WASHINGTON (AP) — President Donald Trump is moving aggressively to challenge the authority and independence of agency watchdogs overseeing his administration, including removing the inspector general tasked with overseeing the $2.2 trillion coronavirus rescue package that passed Congress with...
Read More
FILE - In this Aug. 15, 2019, file photo, a Pacific Gas & Electric worker walks in front of a truck in San Francisco. Pacific Gas & Electric's complex plan for emerging from bankruptcy may face a make or break moment during a court hearing Tuesday, April 7, 2020, that will re-examine the merits of a $13.5 billion settlement with the victims of catastrophic wildfires caused by the utility. (AP Photo/Jeff Chiu, File)
April 07, 2020 - 7:49 pm
BERKELEY, Calif. (AP) — A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promises as it tries to preserve a plan for getting out of bankruptcy in an unraveling...
Read More
In this image from video, Senate Minority Leader Chuck Schumer, D-N.Y., speaks on the Senate floor at the U.S. Capitol in Washington, Wednesday, March 25, 2020. (Senate Television via AP)
April 07, 2020 - 5:02 pm
WASHINGTON (AP) — As Congress races to craft the next coronavirus rescue package, President Donald Trump's sudden request Tuesday to pump $250 billion more into a just-launched payroll program for small businesses may hit roadblocks. Treasury Secretary Steven Mnuchin said more money is needed for...
Read More
In this image taken from video provided by the New York Stock Exchange, Tommy Gannon, Assistant Supervisor, Facilities, rings the opening bell at the NYSE, and recognizes the Sodexo food services staff at Beth Israel Deaconess Medical Center in Boston, Tuesday, April 7, 2020, in New York. (New York Stock Exchange via AP)
Associated Press
April 07, 2020 - 3:31 pm
NEW YORK (AP) — A big rally on Wall Street suddenly vanished Tuesday, undercut in part by another plunge in the price of oil. The S&P 500 dipped 0.2% after erasing a surge of 3.5% earlier in the day. The market’s gains faded as the price of U.S. crude oil abruptly flipped from a gain to a steep...
Read More
A nearly full moon sets over the buildings of the banking district and the European Central Bank, right, in Frankfurt, Germany, early Tuesday, April 7, 2020. Due to the coronavirus the economy worldwide expects heavy losses. (AP Photo/Michael Probst)
April 07, 2020 - 12:00 pm
FRANKFURT, Germany (AP) — The European Central Bank took action Tuesday to support lending to companies across the 19-country eurozone by easing rules for banks that tap the central bank for ready money. The action comes amid widespread efforts by central banks such as the ECB and the U.S. Federal...
Read More
A normally student filled campus square at Millsaps College in Jackson, Miss., is deserted in face of the coronavirus, as the liberal arts school, like many others, faces financial and enrollment challenges Friday, April 3, 2020. At present, the school has switched to on-line teaching. Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered a series of financial losses (AP Photo/Rogelio V. Solis)
April 07, 2020 - 10:11 am
Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered financial losses that could total more than $100 million at some institutions. Scores of colleges say they’re taking heavy hits as they...
Read More
Japanese Prime Minister Shinzo Abe, right, declares a state of emergency during a meeting of the task force against the coronavirus at the his official residence in Tokyo, Tuesday, April 7, 2020. Abe declared a state of emergency for Tokyo and six other prefectures to ramp up defenses against the spread of the coronavirus. (Franck Robichon/Pool Photo via AP)
April 07, 2020 - 4:42 am
TOKYO (AP) — Japan’s Prime Minister Shinzo Abe declared a month-long state of emergency Tuesday for Tokyo and six other prefectures to ramp up defenses against the spread of the coronavirus as the number of infections surges. But the move came in the form of a stay-at-home request — not an order —...
Read More

Pages