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FILE - In this Dec. 9, 2019, file photo mist rolls over the U.S. Capitol dome on Capitol Hill in Washington. The federal government recorded a budget deficit of $1.88 trillion for the first eight months of 2020, larger than even any annual shortfalls in U.S. history. The sea of red ink grew as government spending shot up to deal with the coronavirus pandemic and tax revenue shrank when millions lost their jobs. (AP Photo/Patrick Semansky, File)
June 10, 2020 - 3:09 pm
WASHINGTON (AP) — The federal government recorded a budget deficit of $1.88 trillion for the first eight months of this budget year, larger than even any annual shortfalls in U.S. history. The sea of red ink grew as government spending shot up to deal with the coronavirus pandemic and tax revenue...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 10, 2020. Shares were trading slightly higher in Asia on Wednesday after a weekslong rally on Wall Street hit the brakes. (AP Photo/Ahn Young-joon)
June 10, 2020 - 3:06 pm
U.S. stock indexes were mostly lower Wednesday afternoon in choppy trading after the Federal Reserve said it expects to keep interest rates low through 2022 and keep up its bond purchases. The S&P 500 was down 0.5% after initially rising to 0.4% following the release of the central bank's...
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FILE -This Feb. 9, 2020 file photo shows filmmaker Ava DuVernay at the Vanity Fair Oscar Party in Beverly Hills, Calif. DuVernay directed the four-part Netflix series "When They See US," which explores the true story of the Central Park Five, five black and Latino teenagers who were coerced into confessing to a rape they didn't commit in 1989. (Photo by Evan Agostini/Invision/AP, File)
June 10, 2020 - 2:26 pm
Filmmaker Ava DuVernay has been elected to the film academy’s Board of Governors for the first time. The Academy of Motion Picture Arts and Sciences announced its new members Wednesday, which include the “Selma” filmmaker, “A Star is Born” producer Lynette Howell Taylor and casting director Debra...
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FILE - This Feb. 16, 2010 file photo shows the headquarters of the Simon Property Group in downtown Indianapolis. Simon Properties said Wednesday, June 10, 2020, that it is pulling out of its $3.6 billion to buy rival Taubman, citing the coronavirus pandemic which has forced many malls to temporarily close their doors. It is the second major retail deal to fall apart due to the pandemic. (Danese Kenon/The Indianapolis Star via AP, File)
June 10, 2020 - 1:02 pm
NEW YORK (AP) — The nation’s biggest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes the retail industry. It is the second major retail deal signed before the virus hit the U.S. to crumble. The sale of Victoria's Secret to a private equity...
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FILE - In a Friday, April 24, 2020 file photo, Alexis Garrod, CrossFit Potrero Hill partner and head coach, cleans off weight training equipment in an empty gym, which closed for shelter in place orders over COVID-19 concerns, in San Francisco. Reebok says it has cut ties with CrossFit chief executive and founder invoked George Floyd’s name in a Twitter post chastising a health group for saying that racism was a public health problem. (AP Photo/Jeff Chiu, File)
June 10, 2020 - 12:58 pm
The founder and CEO of CrossFit is stepping down after his tweet about George Floyd sparked a social media backlash and a wave of affiliated gyms cut ties with the company. Reebok also dropped its affiliation with CrossFit this week. Greg Glassman said on CrossFit Inc.'s website late Tuesday that...
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FILE - In this May 21, 2020 file photo, patrons to a Starbucks in the Chicago neighborhood of Hyde Park walk past stacked chairs and tables. Starbucks says that the COVID-19 pandemic caused an approximately $3 billion to $3.2 billion decline in its third-quarter consolidated revenue. The coffee chain said Wednesday, June 10, that the virus outbreak also lowered operating income by about $2 billion to $2.2. billion. (AP Photo/Charles Rex Arbogast)
June 10, 2020 - 12:48 pm
Starbucks expects to lose more than $3 billion in revenue in its fiscal third quarter due to the new coronavirus, but said the disruption to its business should subside through the rest of the year. “The Starbucks brand is resilient, customer affinity is strong and we believe the most difficult...
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Minnesota Gov. Tim Walz, center right, listens in St. Paul, Minn., Monday, June 8, 2020, as artist Seito Jones, right talked about his stencil of George Floyd that is free for download by anyone. Walz took a walking tour of some of the artworks commissioned by Springboard for the Arts along University Avenue. (Glen Stubbe/Star Tribune via AP, Pool)
June 10, 2020 - 11:59 am
MINNEAPOLIS (AP) — The death of George Floyd is sparking calls for the Minnesota Legislature to remove racial inequities from the criminal justice system in the state where he died and to aid neighborhoods damaged in unrest that followed. But it’s not clear yet how far lawmakers will go when they...
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FILE - In this May 4, 2020, file photo, Guatemalans deported from the United States, wave from a bus after arriving at La Aurora airport in Guatemala City. A federal judge has temporarily stopped President Donald Trump's administration from expelling a teenager to Honduras under a policy enacted during the coronavirus pandemic that didn't give the teen the chance under federal law to stay in the United States. The case is the first known challenge of the Trump administration's expulsion of hundreds of immigrant children at the border under an emergency declaration citing the coronavirus. (AP Photo/Moises Castillo, File)
June 10, 2020 - 11:42 am
HOUSTON (AP) — A federal judge has temporarily stopped President Donald Trump's administration from expelling a teenager to Honduras under a policy enacted during the coronavirus pandemic that didn't give the teen the chance under federal law to stay in the United States. According to the American...
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FILE - In this July 16, 2014, file photo, a student walks through empty seats inside Kenan Stadium at the University of North Carolina in Chapel Hill, N.C., where preparations continue for the upcoming college football season. The crippling grip the coronavirus pandemic has had on the sports world has forced universities, leagues and franchises to evaluate how they might someday welcome back fans. (AP Photo/Gerry Broome, File)
June 10, 2020 - 11:37 am
The Latest on the effects of the coronavirus outbreak on sports around the world: ___ The Southeastern Conference has scrapped its scheduled football media days in July and instead plans to hold its first virtual event. League officials announced the decision Wednesday. SEC media days had been...
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June 10, 2020 - 10:20 am
ADDIS ABABA, Ethiopia (AP) — Ethiopia’s prime minister faces an extra year or more in office after lawmakers voted Wednesday to extend their mandates and hold the national election nine to 12 months after health authorities determine it's safe. Some in the opposition have objected to delaying the...
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