Financial crisis

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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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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FILE - In this March 25, 2020 file photo, a closed sign hangs in the window of a shop in Portsmouth, N.H., due to caronavirus concerns. The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to suport American households and businesses as well as local governments as they deal with the coronavirus. The Fed said Thursday, April 9, among the actions it is taking is the activation of a Main Street Lending Program that was authorized by the $2.3 trillion economic relief bill pass by Congress last month. (AP Photo/Charles Krupa, File)
April 09, 2020 - 2:05 pm
WASHINGTON (AP) — The Federal Reserve unleashed a new series of moves Thursday to try to make loans available to states, localities and companies that have been hard hit by the coronavirus. In doing so, the Fed will pump an additional $2.3 trillion into the U.S. economy. The central bank, in part,...
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FILE - In this March 13, 2020, file photo Speaker of the House Nancy Pelosi, D-Calif., and Majority Leader Steny Hoyer, D-Md., arrive to make a statement ahead of a planned late-night vote on the coronavirus aid package deal, at the Capitol in Washington. Democrats are wrestling over how best to assail Trump for his handling of the coronavirus pandemic and the economy’s shutdown even as the country enters an unpredictable campaign season against the backdrop of the most devastating crisis in decades. (AP Photo/J. Scott Applewhite, File)
April 08, 2020 - 9:55 pm
WASHINGTON (AP) — Democrats are wrestling over how best to assail President Donald Trump for his handling of the coronavirus pandemic and the economy’s shutdown, even as the country lurches into an unpredictable campaign season during its most devastating crisis in decades. Trump has provided...
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April 08, 2020 - 2:31 pm
WASHINGTON (AP) — Federal Reserve officials pledged at two emergency meetings last month to use their full arsenal to bolster the U.S. economy being brought to its knees by the coronavirus outbreak. Minutes of the two meetings released Wednesday show that Fed officials were alarmed at the impact...
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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...
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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...
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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 - 5:17 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...
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Soldiers carry boxes with food to deliver to the poor at the Santa Rosita neighborhood on the outskirts of Guatemala City, Monday, April 6, 2020, during a stay-at-home curfew designed to slow the spread of the new coronavirus. (AP Photo/Moises Castillo)
April 07, 2020 - 12:45 am
UNITED NATIONS (AP) — Many former global leaders and other VIPs urged the world’s 20 major industrialized nations to approve $8 billion in emergency funding to speed the search for a vaccine, cure and treatment for COVID-19 and prevent a second wave of the coronavirus pandemic. In an open letter to...
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An NYPD traffic officer wearing personal protective equipment directs vehicles at a barricade after the city closed down a section of Bushwick Avenue due to COVID-19 concerns, Friday, March 27, 2020, in the Brooklyn borough of New York. 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/John Minchillo)
KNSS News
April 06, 2020 - 10:51 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: — G20 leaders urged to approve $8 billion in funding...
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