Economy

A masked man walks next to Notre Dame Cathedral, in Paris, Wednesday, March 18, 2020. French President Emmanuel Macron said that for 15 days people will be allowed to leave the place they live only for necessary activities such as shopping for food, going to work or taking a walk. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness, especially in older adults and people with existing health problems. (AP Photo/Francois Mori)
April 10, 2020 - 4:52 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 — Good Friday observed at home as Japan virus divide...
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In this photo taken from video provided by the New York Stock Exchange, Chief Security Officer Kevin Fitzgibbons rings the opening bell at the NYSE, while recognizing Randy Timmons in Albany, Ga., and thousands of employees of the Proctor & Gamble Company, Thursday, April 9, 2020. (New York Stock Exchange via AP)
April 10, 2020 - 4:42 am
BANGKOK (AP) — Asian shares are steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve's titanic effort to support the economy through the coronavirus crisis. Many world markets were closed for Easter weekend holidays. In Asia, Japan...
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The Mass of the Lord's Supper is live-streamed from St. Anthony Parish in San Gabriel, Calif., Thursday, April 9, 2020, with no parishioners present. Without the ability to have public Mass and visitors due to the new coronavirus pandemic, the parish live-streams its services. (AP Photo/Damian Dovarganes)
April 10, 2020 - 2:47 am
ALBANY, New York (AP) — People around the world began observing Good Friday from the safety of their homes, as rare divisions surfaced in Japan over how to tackle the growing coronavirus outbreak there. Politicians and public health officials have warned that the hard-won gains against the pandemic...
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FILE - In this file photo dated Tuesday, March 17, 2020, Britain's Chancellor Rishi Sunak, left, and Prime Minister Boris Johnson arrive for a press briefing about the ongoing situation with the COVID-19 coronavirus outbreak, inside 10 Downing Street in London. With British Prime Minister Boris Johnson hospitalized and in intensive care Wednesday April 8, 2020, after contracting the new coronavirus, Sunak is among key players in Johnson's Cabinet who will be directing Britain's response to the highly contagious COVID-19 coronavirus, while their leader is being treated. (AP Photo/Matt Dunham, FILE)
April 10, 2020 - 12:49 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 — Japanese leaders press prime minister to hasten...
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President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 9, 2020, in Washington, as Vice President Mike Pence and Labor Secretary Eugene Scalia listen. (AP Photo/Andrew Harnik)
April 09, 2020 - 8:48 pm
WASHINGTON (AP) — Hospitals taking money from the $2 trillion stimulus bill will have to agree not to send “surprise” medical bills to patients treated for COVID-19, the White House said Thursday. Surprise bills typically happen when a patient with health insurance gets treated at an out-of-network...
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Bishop William Joensen proceeds down the main aisle at the conclusion of Holy Thursday Mass in a near empty St. Ambrose Cathedral, Thursday, April 9, 2020, in Des Moines, Iowa. COVID-19 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/Charlie Neibergall)
April 09, 2020 - 8:39 pm
NEW YORK (AP) — A staggering 16.8 million Americans lost their jobs in just three weeks, a measure of how fast the coronavirus has brought world economies to their knees. Meanwhile, religious leaders worldwide Thursday urged people to celebrate Good Friday and Easter from the safety of their homes...
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The sun sets behind an idle pump jack near Karnes City, Texas, Wednesday, April 8, 2020. Demand for oil continues to fall due to the new coronavirus outbreak. (AP Photo/Eric Gay)
April 09, 2020 - 6:35 pm
MOSCOW (AP) — Oil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude in a bid to limit a crash in prices that, while welcome for consumers, has been straining government budgets and pushed energy companies toward bankruptcy. Late...
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German Finance Minister Olaf Scholz abrief the media after Eurogroup negotiations in front of the finance ministry in Berlin, Germany, Wednesday, April 8, 2020. (Michael Kappeler/dpa via AP)
April 09, 2020 - 5:08 pm
FRANKFURT, Germany (AP) — Governments from the 19 countries that use the euro agreed Thursday on a package of measures that could provide more than a half-trillion euros ($550 billion) for companies, workers and health systems to cushion the economic impact of the virus outbreak. The deal struck...
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Senate Majority Leader Mitch McConnell of Ky., right, speaks with a reporter outside the Senate chamber on Capitol Hill in Washington, Thursday, April 9, 2020. Senate Democrats on Thursday stalled President Donald Trump's request for $250 billion to supplement a "paycheck protection" program for businesses crippled by the coronavirus outbreak, demanding protections for minority-owned businesses and money for health care providers and state and local governments. (AP Photo/Patrick Semansky)
April 09, 2020 - 3:54 pm
WASHINGTON (AP) — The Senate twisted itself into knots Thursday over President Donald Trump’s new coronavirus aid request, as Democrats refused to rubber stamp his proposal for $250 billion more to boost small businesses, demanding modifications along with an additional $250 billion for health care...
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Shoppers walk in and out of a Meijer store for grocery shopping during the coronavirus outbreak as they wear masks and gloves in Arlington Heights, Ill., Thursday, April 9, 2020. (AP Photo/Nam Y. Huh)
April 09, 2020 - 3:50 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus. ___________________ GLOBAL SHOCK: There is no place on earth inhabited by humans that is...
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