Economic policy

President Donald Trump speaks as Vice President Mike Pence, left, and FEMA Administrator Peter Gaynor look on, during a coronavirus task force briefing at the White House, Sunday, March 22, 2020, in Washington. (AP Photo/Patrick Semansky)
March 23, 2020 - 1:19 am
WASHINGTON (AP) — Top-level negotiations between Congress and the White House churned late into the night over a now nearly $2 trillion economic rescue package, as the coronavirus crisis deepened, the nation shut down and the first U.S. senator tested positive for the disease. As President Donald...
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A man with a protective mask in the rain looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, March 23, 2020. Shares dropped in Hong Kong and South Korea early Monday. However, Japan's Nikkei 225 index held steady, gaining 0.8% on news the International Olympic Committee plans to discuss potentially changing the timing of the Tokyo Games, due to begin in July. (AP Photo/Eugene Hoshiko)
March 22, 2020 - 10:05 pm
BANGKOK (AP) — U.S. futures dropped more than 4% and Australia's share benchmark initially plunged 8.5% as work on more stimulus for the U.S. economy hit snags in the U.S. Senate. Shares dropped more than 4% in Hong Kong and 5% in South Korea. The Shanghai Composite index lost 2.6%. However, Japan'...
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In this image from video, Senate Majority Leader Mitch McConnell, R-Ky., speaks on the Senate floor at the U.S. Capitol in Washington, Saturday, March 21, 2020. (Senate Television via AP)
March 22, 2020 - 12:13 am
WASHINGTON (AP) — Top-level negotiations between Congress and the White House are pushing toward resolution on a ballooning $1 trillion-plus economic rescue package, as President Donald Trump urged a deal to steady a nation shuttered by the coronavirus pandemic. With a population on edge and...
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Exeter Cathedral stands deserted apart from a lone seagull, in Exeter, southwest England, Saturday March 21, 2020 a day after the British government ordered the closure of all bars, restaurants, movie theaters and other places where people congregate in an attempt to halt the spread of the coronavirus. For some people the COVID-19 coronavirus causes mild or moderate symptoms, but for others it causes severe illness. (AP Photo/Derl McCrudden)
March 21, 2020 - 9:15 pm
The death toll from the global coronavirus pandemic has surpassed 13,000 people worldwide and sickened more than 292,000. Traditional tourist magnets like London are eerily quiet. Presidential nominating contests in the U.S. are being pushed back, and a $1 trillion-plus U.S. economic rescue package...
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From left, Labor Secretary Eugene Scalia, Senate Majority Leader Mitch McConnell of Ky., Treasury Secretary Steven Mnuchin, Senate Minority Leader Sen. Chuck Schumer of N.Y., and White House chief economic adviser Larry Kudlow attend a a meeting to discuss the coronavirus relief bill on Capitol Hill, Friday, March 20, 2020, in Washington. (AP Photo/Andrew Harnik)
March 20, 2020 - 6:56 pm
WASHINGTON (AP) — As leaders from Congress and the White House toiled in high-stakes negotiations on a mammoth $1 trillion-plus economic rescue package Friday, President Donald Trump unleashed fury on those questioning his handling of the coronavirus outbreak. It was an extraordinary moment in...
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This photo provided by the New York Stock Exchange shows trader Patrick Casey, left, and specialist Peter Mazza as they work on the trading floor on Friday, March 20, 2020. Stocks turned lower Friday after New York became the latest major state to mandate nearly all workers stay home to limit the spread of the new coronavirus. (Nicole Pereira/NYSE via AP)
March 20, 2020 - 4:13 pm
Wall Street ended the week the same way it began: in full retreat from the coronavirus. Stocks fell sharply and the price of oil sank Friday as federal and state governments moved to shut down bigger and bigger swaths of the nation’s economy in the hope of limiting the spread of the outbreak. The...
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FILE — In this Saturday, March 7, 2020 file photo, a cleric, right, assists a medic treating a patient infected with the new coronavirus, at a hospital in Qom, about 80 miles (125 kilometers) south of the capital Tehran, Iran. Nine out of 10 cases of the virus in the Middle East come from the Islamic Republic. Fears remain that Iran may be underreporting its cases. Days of denials gave the virus time to spread as the country marked the 41st anniversary of its 1979 Islamic Revolution with mass demonstrations. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (Mohammad Ali Marizad/Rasa News Agency via AP, File)
March 19, 2020 - 11:01 pm
The Latest on the coronavirus pandemic, which has infected more than 240,000 people and killed more than 9,800. The COVID-19 illness causes mild or moderate symptoms in most people, but severe symptoms are more likely in the elderly or those with existing health problems. Almost 85,000 people have...
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This photo provided by the New York Stock Exchange, Thursday, March 19, 2020, shows trader Gregory Rowe, center, as he works on the trading floor. Stocks are see-sawing between gains and losses in midday trading on Wall Street Thursday, but the moves are more subdued than the wild jabs that have dominated recent weeks. (NYSE Photo by Alyssa Ringler via AP)
March 19, 2020 - 10:48 pm
BEIJING (AP) — Asian stock markets were mostly higher Friday after modest Wall Street gains on hopes government and central bank action can shield the world economy from a looming global recession caused by the coronavirus pandemic. Benchmarks in Shanghai, Hong Kong, Australia and Southeast Asia...
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Senate Majority Leader Mitch McConnell of Ky., walk to attend a Republican policy lunch on Capitol Hill in Washington, Thursday, March 19, 2020. (AP Photo/Susan Walsh)
March 19, 2020 - 8:25 pm
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell unveiled a sweeping economic rescue plan Thursday to pump $1,200 direct checks to taxpayers, $300 billion for small businesses to keep idled workers on payroll and $208 billion in loans to airlines and other industries. It's the initial...
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President Donald Trump speaks during press briefing with the coronavirus task force, at the White House, Thursday, March 19, 2020, in Washington. Food and Drug Administration Commissioner Dr. Stephen Hahn, right, and Vice President Mike Pence listen. (AP Photo/Evan Vucci)
March 19, 2020 - 6:13 pm
WASHINGTON (AP) — Insisting the federal government is not a "shipping clerk,” President Donald Trump on Thursday called on states to do more to secure their own critically needed masks, ventilators and testing supplies as the pressure mounted on hospitals struggling to cope with a rising number of...
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