Economic policy

FILE - In this March 20, 2020, file photo Senate Minority Leader Sen. Chuck Schumer of N.Y., speaks to reporters as he arrives for a meeting to discuss the coronavirus relief bill on Capitol Hill Washington. The Trump administration and Congress are nearing an agreement as early as Sunday, April 19, on a $400-plus billion aid package to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. (AP Photo/Andrew Harnik, File)
April 21, 2020 - 5:29 pm
WASHINGTON (AP) — A $483 billion coronavirus aid package flew through the Senate on Tuesday after Congress and the White House reached a deal to replenish a small-business payroll fund and provided new money for hospitals and testing. Passage was swift and unanimous, despite opposition from...
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FILE - In this April 13, 2020, file photo President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room at the White House in Washington. The Trump administration and Congress are nearing an agreement as early as Sunday, April 19, on a $400-plus billion aid package to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. (AP Photo/Alex Brandon, File)
KNSS News
April 19, 2020 - 6:07 pm
WASHINGTON (AP) — The Trump administration and Congress are nearing an agreement on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. President Donald Trump said Sunday, “We're getting close to a...
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KNSS News
April 19, 2020 - 2:17 am
UNITED NATIONS (AP) — U.N. experts have recommended blacklisting 14 vessels for violating sanctions against North Korea in a report that accuses the country of increasing illegal coal exports, imports of petroleum products and continuing with cyber attacks on financial institutions and...
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Tokyo 2020 Organizing Committee President Yoshiro Mori, left, and CEO Toshiro Muto, right, attend teleconference with International Olympic Committee member John Coates, who heads the inspection team for Tokyo Olympics, in Tokyo Thursday, April 16, 2020. Tokyo Olympic organizers and the IOC said Thursday they will cut some of the extras out of next year’s postponed games, an attempt to limit what is expected to be billions of dollars in added expenses.(Kazuhiro Nogi/Pool Photo via AP)
April 17, 2020 - 6:43 am
TOKYO (AP) — IOC member John Coates, who oversees planning for next year's Tokyo Olympics, has claimed the postponed games could help “kick start” Japan’s economy. Japan has been devastated like many countries by the coronavirus pandemic and could be in a recession when the Olympics are to open on...
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In this April 15, 2020 photo, people wear facemasks to protect against the spread of the new coronavirus cleans as they ride an escalator at a shopping mall in Beijing. China has reported its biggest economic decline since the 1970s as it fought the coronavirus in the first quarter of the year. (AP Photo/Mark Schiefelbein)
April 17, 2020 - 4:00 am
BEIJING (AP) — China faces a drawn-out struggle to revive an economy that suffered its biggest contraction since possibly the mid-1960s after millions of people were told to stay home to fight the coronavirus. The world’s second-largest economy shrank by 6.8% from a year earlier in the quarter...
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In this April 13, 2020, photo, a couple walk through the capital city's popular shopping mall in Beijing. Chinese leaders have reopened factories and shops in an effort to revive the economy, but the consumers whose spending propels most of China's growth have been slow to return to shopping malls and auto dealerships. (AP Photo/Andy Wong)
April 16, 2020 - 3:44 am
BEIJING (AP) — China, where the coronavirus pandemic started in December, is cautiously trying to get back to business, but it’s not easy when many millions of workers are wary of spending much or even going out. Factories and shops nationwide shut down starting in late January. Millions of...
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A elderly man wearing a face mask to protect from coronavirus pulls his shopping trolley at Varvakios meat market in Athens, on Tuesday, April 14, 2020. Eating lamb, usually roasted whole on a spit, is traditional for Greek Easter, which is by far the most important religious holiday of the year in this predominantly Orthodox country. Due to lockdown measures taken to prevent the spread of the COVID-19 this year, the government has said traditional family gatherings cannot be held this Easter on Sunday, April 19. (AP Photo/Thanassis Stavrakis)
April 15, 2020 - 5:51 am
ATHENS, Greece (AP) — Greece has launched a 7-year bond auction, taking advantage of an improvement in borrowing rates driven by massive European stimulus packages to address the impact of the coronavirus pandemic. The government backed the country’s second issue of the year on Wednesday and argued...
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FILE - In this March 4, 2019 file photo, U.S. Ambassador to China Terry Branstad listens to Secretary of State Mike Pompeo speak at an event in Johnston, Iowa. The U.S. ambassador to China said Wednesday, April 15, 2020, that he doesn't believe Beijing is deliberately blocking exports of personal protective equipment and medical supplies, adding that the shipment of 1,200 tons of such products to the U.S. could not have been possible without Chinese support. (AP Photo/Charlie Neibergall, File)
April 15, 2020 - 4:39 am
BEIJING (AP) — The U.S. ambassador to China said Wednesday that he doesn’t believe Beijing is deliberately blocking exports of masks and other medical supplies to fight the coronavirus, and that the shipment of 1,200 tons of such products to the U.S. could not have been possible without Chinese...
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FILe - In this April 2, 2020, file photo, President Donald Trump and Jovita Carranza, administrator of the Small Business Administration, listen as Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. Hundreds of cities and counties grappling with the economic fallout caused by the pandemic might receive little, if any, of the emergency funding allotted for state and local governments in the $2.2 trillion coronavirus stimulus package. (AP Photo/Alex Brandon, File)
April 14, 2020 - 4:18 am
WASHINGTON (AP) — The $2.2 trillion federal stimulus package could fail to deliver badly needed financial aid to thousands of smaller cities and counties where a majority of Americans live, according to documents and interviews with local officials. The coronavirus outbreak has blown holes in the...
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In this March 31, 2020 photo, workers in protective suits stand near a COSCO container ship docked at a port in Qingdao in eastern China's Shandong Province. China's government reported Tuesday, April 14, 2020 that exports fell further in March compared with February amid a global economic slowdown caused by the coronavirus pandemic. (Chinatopix via AP)
April 14, 2020 - 12:29 am
BEIJING (AP) — China’s trade improved in March but was below last year’s levels, and forecasters warned Chinese exporters face another slump as the coronavirus pandemic depresses global demand. Exports sank 6.6% from a year earlier to $185.1 billion, an improvement over the 17.2% contraction in...
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