Economic policy

FILE - In this Monday, April 6, 2020 file photo, chairs and tables are piled in front of a bar in St. Mark's Square, in Venice during a lockdown to prevent the spread of the coronavirus. The coronavirus outbreak is straining social safety nets across the globe - and underlining sharp differences in approach between wealthy societies such as the United States and Europe. In Europe, the collapse in business activity is triggering wage support programs that are keeping millions on the job, for now. (AP Photo/Andrew Medichini, File)
May 10, 2020 - 4:18 am
The coronavirus pandemic is straining social safety nets across the globe — and underlining sharp differences in approach between wealthy societies such as the United States and Europe. In Europe, the collapse in business activity is triggering wage support programs that are keeping millions on the...
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FILE - In this July 10, 2016, file photo, Simone Biles competes on the balance beam during the women's U.S. Olympic gymnastics trials in San Jose, Calif. At least 70 percent of U.S. Olympic sports organizations have applied for government loans in the coronavirus pandemic, underscoring the frailties within the world’s most dominant Olympic sports system. (AP Photo/Gregory Bull, File)
May 08, 2020 - 11:09 am
DENVER (AP) — At least 70 percent of U.S. Olympic sports organizations have applied for government funds during the coronavirus pandemic, a stark financial reality that underscores the frailties within the world’s most dominant Olympic sports system. The Associated Press surveyed 44 of the country'...
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May 08, 2020 - 4:40 am
BEIJING (AP) — U.S. and Chinese trade negotiators promised to create “favorable conditions” for carrying out a truce in their governments’ tariff war during a phone call Friday, an official Chinese news agency reported. The call followed a threat by President Donald Trump to pull out of the...
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FILE - In this file photo dated Wednesday, March 11, 2020, Pedestrians wearing face masks pass the Bank of England in London. In forecasts published Thursday May 7, 2020, The Bank of England has warned that the British economy could be nearly a third smaller by the end of the first half of this year as a result of the coronavirus pandemic, but also notes the economy could revive quickly. (AP Photo/Matt Dunham, FILE)
May 07, 2020 - 12:09 pm
LONDON (AP) — The Bank of England warned Thursday that the British economy could suffer its deepest annual contraction since the Spanish War of Succession a little over three centuries ago as a result of the coronavirus pandemic, before roaring back next year. In what it describes as a “plausible”...
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People pass by wearing face masks to protect against the spread of the new coronavirus as ride along a street in Beijing, Wednesday, May 6, 2020. China on Wednesday reported just two new cases of the coronavirus and no deaths. (AP Photo/Mark Schiefelbein)
KNSS News
May 06, 2020 - 11:55 pm
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: — UN increases amount of appeal to fight coronavirus...
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European Commissioner for the Economy Paolo Gentiloni speaks during a media conference on the economy at EU headquarters in Brussels, Wednesday, May 6, 2020. The European Union predicted Wednesday "a recession of historic proportions this year" due to the impact of the coronavirus with a drop in output of more than 7 percent, as it released its first official forecast of the damage the pandemic is inflicting on the bloc's economy. (Kenzo Tribouillard, Pool Photo via AP)
May 06, 2020 - 7:36 am
BRUSSELS (AP) — The European Union predicted Wednesday “a recession of historic proportions this year” due to the impact of the coronavirus as it released its first official estimates of the damage the pandemic is inflicting on the bloc’s economy. The 27-nation EU economy is predicted to contract...
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People wear face masks to protect against the new coronavirus as they walk through a public park in Beijing, Saturday, May 2, 2020. China, where the pandemic began in December, reported one new infection and no deaths in the 24 hours through midnight Friday. (AP Photo/Mark Schiefelbein)
May 02, 2020 - 9:03 pm
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: — Hundreds protest Oregon's stay-at-home order. —...
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Members of the Equestrian Gendarmerie Units, which normally serve to protect the Topkapı Palace, wearing face masks for protection against the coronavirus, as they patrol the beaches in Sariyer outside Istanbul, Saturday, May 2, 2020. The equestrian unit is used to patrol the beach area to enforce the curfew measures, restricting people from walking around or swimming. (Ibrahim Mase/DHA via AP)
May 02, 2020 - 12:41 pm
ISTANBUL (AP) — The Turkish Trade Ministry lifted temporary export restrictions and a requirement for private companies to obtain advance permission before shipping abroad medical equipment used in treating COVID-19. A notice published Saturday in Turkey's Official Gazette rescinded restrictions on...
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May 01, 2020 - 11:45 pm
WASHINGTON (AP) — The stated mission of The Greater New York Hospital Association is simple enough: to help members deliver “the finest patient care in the most cost-effective way.” But it’s more complicated than that. While the association, which represents health care providers at the epicenter...
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House Speaker Nancy Pelosi of Calif. adjusts her face mask during a news conference on Capitol Hill Thursday, April 30, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)
April 30, 2020 - 10:19 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi said Thursday that state and local governments are seeking up to $1 trillion for coronavirus costs, a stunning benchmark for the next aid package that's certain to run into opposition from Senate Republicans. Pelosi acknowledged the federal government...
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