Financial markets

The buildings of the banking district are seen in Frankfurt, Germany, at dawn on early Sunday, May 31, 2020. (AP Photo/Michael Probst)
June 04, 2020 - 7:51 am
FRANKFURT, Germany (AP) — The European Central Bank has boosted its pandemic emergency support program by 600 billion euros to 1.35 trillion euros ($1.5 trillion) in an effort to keep affordable credit flowing to the economy during the steep downturn caused by the virus outbreak. The central bank...
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In this June 2, 2020, photo, Democratic presidential candidate, former Vice President Joe Biden speaks in Philadelphia. Biden is pledging to unveil a series of proposals in coming weeks aimed at reversing the economic devastation wrought by the pandemic and addressing inequalities sparking protests sweeping the country. (AP Photo/Matt Rourke)
June 04, 2020 - 5:48 am
WASHINGTON (AP) — Joe Biden is pledging to unveil a series of proposals in coming weeks aimed at reversing the economic devastation wrought by the coronavirus pandemic and addressing inequalities that have contributed to protests sweeping the country. The presumptive Democratic presidential nominee...
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A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020. Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)
June 03, 2020 - 11:53 pm
Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible...
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FILE - In this March 19, 2020, file photo, a man wearing a mask, left, rides a personal transporter past the Reserve Bank of Australia in Sydney. The coronavirus pandemic pushed Australia’s economy into recession for the first time in 29 years in the first quarter of the year 2022, and the situation is expected to get worse. (AP Photo/Rick Rycroft, File)
June 03, 2020 - 6:04 am
CANBERRA, Australia (AP) — The coronavirus pandemic pushed Australia’s economy into recession for the first time in 29 years in the first quarter of the year, and the situation is expected to get worse. Treasurer Josh Frydenberg said Wednesday the current June quarter will be the second in a row in...
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CORRECTS TO NASDAQ, NOT NEW YORK STOCK EXCHANGE - In this image from video made available by NASA, astronaut Chris Cassidy, right, rings the opening bell of the Nasdaq Stock Exchange accompanied by fellow astronauts Robert L. Behnken, left, and Doug Hurley in the International Space Station on Tuesday, June 2, 2020. (NASA via AP)
June 02, 2020 - 12:12 pm
U.S. stock indexes are moving mostly higher in midday trading Tuesday, following broad gains in global markets as investors hope that the gradual lifting of coronavirus lockdown mandates will put economies ravaged by the outbreak on the path to recovery. The S&P 500 was up 0.2% after shedding...
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June 02, 2020 - 6:02 am
TEHRAN, Iran (AP) — An Iranian scientist imprisoned in the U.S. and acquitted in a federal trade secrets case is on his way back to Iran after being deported, the country's foreign minister said Tuesday. Sirous Asgari was in the air on a flight back to Iran, Mohammad Javad Zarif said in an...
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A woman wearing a face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, June 1, 2020. Asian stock markets have rebounded after U.S. President Donald Trump avoided reigniting a trade war with China amid tension. (AP Photo/Vincent Yu)
June 01, 2020 - 4:06 pm
Stocks closed higher on Wall Street Monday after shaking off a wobbly start. The S&P 500 index climbed 0.4%. The index is coming off its second month of solid gains. Investors are balancing cautious optimism about the reopening of businesses shut down because of the coronavirus pandemic against...
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First grade teachers, Ellie Morgan, 25, left, Hannah Sprayberry, 28, right, pose for a portrait, and say they are taking around 5 per-cent pay cut on Thursday, May 28, 2020, in Fort Oglethorpe, Ga. With sharp declines in state spending projected because of the economic fallout from the COVID-19 pandemic, America's more than 13,000 local school systems are wrestling with the likelihood of big budget cuts. (AP Photo/Brynn Anderson)
May 30, 2020 - 8:13 am
ATLANTA (AP) — It was during the Great Recession when Catoosa County first shortened its school year, from 180 to 175 instructional days, as it began years of furloughs due to budget cuts. As a result of the coronavirus pandemic, the next school year will be shorter still, with only 170 classroom...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 29, 2020. Shares fell Friday in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions. (AP Photo/Eugene Hoshiko)
May 29, 2020 - 4:12 pm
The stock market erased an an early drop and ended mixed, capping a strong week and month. Major U.S. indexes had started the day lower Friday as traders worried that President Donald Trump would reignite a trade war with China, but in a late-afternoon announcement from the White House he instead...
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A woman walks into a closing Gordmans store, Thursday, May 28, 2020, in St. Charles, Mo. Stage Stores, which owns Gordmans, is closing all its stores and has filed for Chapter 11 bankruptcy. (AP Photo/Jeff Roberson)
May 29, 2020 - 10:03 am
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession. Last month's spending decline was far worse than the revised 6.9% drop in March, which itself had...
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