Economy

Students sit at a distance as a precaution against COVID-19, as they undergo an aptitude test to access the University of Medicine, in Rome Thursday, Sept. 3, 2020. (Cecilia Fabiano/LaPresse via AP)
September 19, 2020 - 12:34 pm
ROME — The Italian health ministry reported another 1,638 new cases of coronavirus and 24 deaths. The deaths brought Italy’s official coronavirus toll to 35,692, second highest in Europe after Britain. The health ministry says the new cases were based on a record 103,223 tests. While countries such...
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House Speaker Nancy Pelosi of Calif., center, with House Democrats including House Majority Whip James Clyburn, of S.C., left, and Chairman of the House Energy and Commerce Committee Rep. Frank Pallone, D-N.J., speaks during a news conference about COVID-19, Thursday, Sept. 17, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
September 19, 2020 - 12:29 am
WASHINGTON (AP) — Efforts to fashion a temporary spending bill needed to avert a government shutdown at the end of the month ran aground Friday amid a fight over farm bailout funding that's a key priority of President Donald Trump and Capitol Hill Republicans. A House Appropriations Committee...
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Indian passengers queue up to test for COVID-19 at a facility erected at a railway station to screen people coming from outside the city, in Ahmedabad, India, Friday, Sept. 18, 2020. India's coronavirus cases jumped by another 96,424 in the past 24 hours, showing little sign of leveling. India is expected to have the highest number of confirmed cases within weeks, surpassing the United States, where more than 6.67 million people have been infected. (AP Photo/Ajit Solanki)
September 18, 2020 - 6:04 pm
DENVER — The University of Colorado has forced some students to move out of their dorms to create more isolation housing for students with coronavirus infections as case numbers continue to increase at the Boulder campus. The Denver Post reported that the university said in an email to affected...
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FILE - Marble sculptures occupy the pediment above the New York Stock Exchange signage, Tuesday Aug. 25, 2020, in New York. Stocks are drifting in mixed trading on Wall Street Friday, Sept. 18, as another zig-zag week for markets closes out following their abrupt loss of momentum this month.(AP Photo/Bebeto Matthews, File)
September 18, 2020 - 4:30 pm
Wall Street capped another turbulent week of trading Friday with a broad slide in stocks that left the S&P 500 with its third-straight weekly loss. The S&P 500 fell 1.1%, led once again by a sell-off in technology companies, with Apple, Amazon and Alphabet weighing particularly on the...
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FILE - In this July 18, 2020 file photo a closed sign hangs in the window of a barber shop in Burbank, Calif. California's unemployment rate has fallen to 11.4% in August. The Employment Development Department says the state added 101,900 jobs in August. Most of those were government jobs, including temporary positions for the U.S. Census. California lost more than 2.6 million jobs in March and April because of the coronavirus. (AP Photo/Marcio Jose Sanchez, File)
September 18, 2020 - 3:28 pm
SACRAMENTO, Calif. (AP) — A raft of temporary government jobs for the U.S. Census boosted California's economy in August as the state added 101,900 jobs as the unemployment rate fell below the high-water mark of the Great Recession for the first time since March. But experts warned that other...
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Lebanese Afaf Adulhamid the mother of Mohammed Khaldoun, 27, who is still missing at sea while he was trying with other migrants to reach Cyprus on a boat, cries and prays her son's safe return, as she stands on the coast of Tripoli city, north Lebanon Thursday, Sept. 17, 2020. Mohammed is one of scores of people who have tried in recent weeks to flee Lebanon that is passing through its worst economic and financial crisis in decades to European Union member Cyprus. (AP Photo/Hussein Malla)
September 18, 2020 - 2:17 pm
TRIPOLI, Lebanon (AP) — Mohammed Sufian did not dream of much: a job, food on the table, the chance to buy his 2½-year-old son the little things a toddler wants. So when he heard that smugglers were taking people from his hometown of Tripoli to the nearby Mediterranean island of Cyprus, he decided...
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France's Minister for European Affairs Clement Beaune, foreground, and Cyprus' Foreign Minister Nikos Christodoulides take part in a news conference at the Foreign Ministry building in the capital Nicosia, Friday, Sept. 18, 2020. Beaune says the European Union should consider imposing sanctions against Turkey if the country continues a hydrocarbons search inside waters where Greece and Cyprus claims exclusive rights. (AP Photo/Petros Karadjias)
September 18, 2020 - 10:04 am
NICOSIA, Cyprus (AP) — France on Friday backed Cyprus' calls for the European Union to consider imposing tougher sanctions on Turkey if the Turkish government won't suspend its search for energy reserves in eastern Mediterranean waters where Cyprus and Greece claim exclusive economic rights. French...
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A man sits inside of the Bankia bank in Madrid, Spain, Friday, Sept. 18, 2020. Two of Spain's biggest banks have announced their merger, pushed together by a need to weather tough economic times that likely will cost thousands of jobs. The tie-up between CaixaBank and Bankia will create the largest lender in the country, with assets of more than 664 billion euros ($787 billion). (AP Photo/Manu Fernandez)
September 18, 2020 - 7:01 am
LISBON, Portugal (AP) — Two of Spain’s biggest banks said Friday they were merging, pushed together by a need to weather tough economic times that likely will cost thousands of jobs. The tie-up between CaixaBank and Bankia will create the largest lender in the country, with assets of more than 664...
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This photo combo shows the candidates for the WTO Director-General selection process at the headquarters of the World Trade Organization (WTO) in Geneva, Switzerland, pictured from Wednesday to Friday, July 15 - 17, 2020. Top row form left, Abdel Hamid Mamdouh, of Egypt, Amina Mohamed, of Kenya, Mohammad Maziad Al-Tuwaijri, of Saudi Arabia, and Yoo Myung-hee, of Korea. Bottom row from left, Liam Fox, of United Kingdom, Tudor Ulianovschi, of Moldova, Ngozi Okonjo-Iweala,of Nigeria and Jesus Seade Kuri, of Mexico. (Martial Trezzini, Salvatore Di Nolfi/Keystone via AP)
September 18, 2020 - 5:32 am
GENEVA (AP) — World Trade Organization member countries on Friday trimmed a list of candidates vying to become the next director-general from eight to five. They ejected applicants from Egypt, Mexico and Moldova who had been hoping to lead a trade body that has become a lightning rod of criticism...
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FILE - In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by American flags flying outside the New York Stock Exchange in New York. Stocks are falling early on Wall Street Thursday, Sept. 17, as the late selling from the previous day carries over. (AP Photo/Mary Altaffer, File)
September 17, 2020 - 3:16 pm
U.S. stocks are closing lower Thursday as Wall Street continues to swirl after the Federal Reserve said it will keep interest rates at nearly zero for years to help nurse the wheezing economy. The S&P 500 fell 0.8%. The selling was widespread, with eight of 11 sectors that make up the S&P...
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