Financial crisis

President Donald Trump pauses while speaking about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 23, 2020, in Washington. (AP Photo/Alex Brandon)
April 24, 2020 - 8:40 am
WASHINGTON (AP) — President Donald Trump will hold a signing ceremony Friday for a bill providing a nearly $500 billion infusion of coronavirus spending, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and 1 in 6 U...
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In this image from video, House Speaker Nancy Pelosi of Calif., speaks on the floor of the House of Representatives at the U.S. Capitol in Washington, Thursday, April 23, 2020. (House Television via AP)
April 23, 2020 - 6:14 pm
WASHINGTON (AP) — Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs. The measure passed almost unanimously,...
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A masked worker at this state WIN job center in Pearl, Miss., holds an unemployment benefit application form as she waits for a client, Tuesday, April 21, 2020. The job centers lobbies are closed statewide to prevent the spread of COVID-19. However the continuing growth of unemployment demands and now additional assistance for self-employed, church employees, gig workers, and others who were previously ineligible for unemployment assistance has drawn some people to the centers for information and to obtain and submit unemployment benefit applications. (AP Photo/Rogelio V. Solis)
April 23, 2020 - 11:17 am
WASHINGTON (AP) — More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday. Roughly 26 million people have now filed for jobless aid in the five weeks since the...
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Virgin Australia planes are lined up at departure gates at Sydney Airport in Sydney, Wednesday, April 22, 2020. Virgin Australia is seeking bankruptcy protection, entering voluntary administration after a debt crisis worsened by the coronavirus shutdown pushed it into insolvency. (AP Photo/Rick Rycroft)
April 23, 2020 - 12:09 am
CANBERRA. Australia (AP) — Virgin Australia has become the world’s largest airline to seek bankruptcy protection in the weeks since the coronavirus shutdown created a debt crisis. A look at Australia’s second-largest airline’s predicament and what it means for other airlines: WHY IT SOUGHT...
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FILE - In this March 28, 2019, file photo, a large flag is unfurled during the national anthem before an opening day baseball game between the New York Yankees and the Baltimore Orioles at Yankee Stadium in New York. Forbes estimates the New York Yankees are baseball’s most valuable franchise at $5 billion, up 9% over last year and 47% more than the No. 2 Los Angeles Dodgers at $3.4 billion.(AP Photo/Seth Wenig, File)
April 21, 2020 - 10:32 am
LOS ANGELES (AP) — A pair of fans in New York sued Major League Baseball, Commissioner Rob Manfred and the 30 teams, asking for their money back for tickets and for certification of class-action status. The lawsuit was filed Monday in U.S. District Court in Los Angeles by Matthew Ajzenman, who said...
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Lebanon's parliament began a three-day legislative session at a Beirut theater so that legislators can observe coronavirus social distancing measures, as protests against the country's ruling elite in the crisis-hit country resumed, in Beirut, Lebanon, Tuesday, April 21, 2020,. (AP Photo/Bilal Hussein)
April 21, 2020 - 9:13 am
BEIRUT (AP) — Lebanese lawmakers convened Tuesday inside a cavernous Beirut theater so that parliament members could observe social distancing measures imposed over the coronavirus pandemic. Anti-government demonstrators, meanwhile, also obeyed the health safety measures — driving around the city...
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FILE - In this Friday, April 17, 2020 file photo, Hillborough County Library service worker Stephen Duran passes out reemployment forms to a motorist at the Jimmie B. Keel Regional Library in Tampa, Fla. Federal data shows that Florida has processed its hundreds of thousands of new unemployment claims more slowly than any other state. (AP Photo/Chris O'Meara, File)
April 20, 2020 - 9:30 pm
TALLAHASSEE, Fla. (AP) — As unemployment surged during the early weeks of the coronavirus outbreak in the U.S., Florida ranked at or near the bottom of all states in its speed of processing those claims, federal data shows. The state is already among the most inhospitable places to be unemployed,...
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This July 8, 2019, photo, shows cars to be exported at Kawasaki port, near of Tokyo. Japan’s exports sank 11.7% in March as the coronavirus pandemic slammed auto shipments to the U.S. The Finance Ministry said Monday, April 20, 2020 that exports to the U.S. fell 16.5% in March from a year earlier, while those to China declined 8.7%. (AP Photo/Koji Sasahara)
April 20, 2020 - 6:48 am
TOKYO (AP) — Japan’s exports sank 11.7% in March as the coronavirus pandemic slammed auto shipments to the U.S. and China, generally its two biggest markets. The Finance Ministry said Monday that exports to the U.S. fell 16.5% in March from a year earlier, while those to China declined 8.7%. Trade...
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April 20, 2020 - 12:06 am
LOS ANGELES (AP) — The unofficial holiday celebrating all things cannabis arrives Monday as the nation’s emerging legal marijuana market braces for an economic blow from the coronavirus crisis, with many consumers reducing spending or going underground for deals. It was supposed to be a long...
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A doctor shows a negative quick coronavirus test in a tent set up at the entrance of a hospital in Caracas, Venezuela, Wednesday, April 15, 2020. Venezuela is going about testing its citizens unlike any other country: Mass deployment of a rapid blood antibody test from China that checks for proteins that develop a week or more after someone is infected, while using on a much smaller scale the gold-standard nasal swab exam that detects the virus from the onset. (AP Photo/Ariana Cubillos)
April 17, 2020 - 2:50 pm
CARACAS, Venezuela (AP) — Venezuelan officials have taken to state TV in recent weeks to crow that the socialist government is conducting more coronavirus tests than any other country in Latin America. But instead of detecting more infections, as has happened elsewhere when testing ramps up, they...
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