Economic policy

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 Wednesday, March 18, 2020 file photo, Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns in New York. Americans are seeking unemployment benefits at unprecedented levels due to the coronavirus, but many are finding more frustration than relief. (AP Photo/John Minchillo, File)
April 09, 2020 - 9:56 am
WASHINGTON (AP) — With a startling 6.6 million people seeking unemployment benefits last week, the United States has reached a grim landmark: More than one in 10 workers have lost their jobs in just the past three weeks to the coronavirus outbreak. The figures collectively constitute the largest...
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Treasury Secretary Steven Mnuchin and President Donald Trump listen to a question during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)
April 08, 2020 - 6:57 pm
WASHINGTON (AP) — Congress is rushing headlong into a conflict over the next coronavirus aid package as the White House wants to pump $250 billion into a small business fund but opposes Democrats' proposal to tack on billions for protective gear, food stamps and support to state and local...
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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 08, 2020 - 8:15 am
BRUSSELS (AP) — European governments remained at loggerheads Wednesday over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of finance officials who clashed over aid conditions and proposals to borrow together to pay for the health crisis. Finance ministers...
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President Donald Trump listens during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)
April 07, 2020 - 8:58 pm
WASHINGTON (AP) — President Donald Trump is moving aggressively to challenge the authority and independence of agency watchdogs overseeing his administration, including removing the inspector general tasked with overseeing the $2.2 trillion coronavirus rescue package that passed Congress with...
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FILE - In this March 25, 2020, file photo, Senate Majority Leader Mitch McConnell, R-Ky. gives a thumbs up as he leaves the Senate chamber on Capitol Hill in Washington, where a deal has been reached on a coronavirus bill. Democrat Amy McGrath's campaign released a TV ad Friday, April 3, 2020, lambasting the Kentucky Republican for “taking a victory lap against the coronavirus." (AP Photo/Andrew Harnik)
April 07, 2020 - 6:36 pm
WASHINGTON (AP) — As Congress races to craft the next coronavirus rescue package, President Donald Trump's sudden request Tuesday to pump $250 billion more into a just-launched small businesses payroll program sets up a new showdown over aid. Treasury Secretary Steven Mnuchin said more money is...
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In this April 6, 2020 photo, a sign at The Anthem music venue reads "We'll Get Thru This" at the wharf which is almost completely empty because of the coronavirus outbreak in Washington. The coronavirus pandemic has gut-punched global markets, put 6.6 million Americans out of work and raised the strong likelihood of a recession. But in the Washington lobbying world, business is booming. (AP Photo/Andrew Harnik)
April 07, 2020 - 2:49 pm
WASHINGTON (AP) — The coronavirus pandemic has gut-punched global markets, put 6.6 million Americans out of work and raised the likelihood of a recession. But in the Washington lobbying world, business is booming. Companies, interest groups and entire industries are seeking help from lobbyists as...
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Japanese Prime Minister Shinzo Abe, right, declares a state of emergency during a meeting of the task force against the coronavirus at the his official residence in Tokyo, Tuesday, April 7, 2020. Abe declared a state of emergency for Tokyo and six other prefectures to ramp up defenses against the spread of the coronavirus. (Franck Robichon/Pool Photo via AP)
April 07, 2020 - 7:44 am
TOKYO (AP) — Japanese Prime Minister Shinzo Abe declared a monthlong state of emergency for Tokyo and six other prefectures on Tuesday to ramp up defenses against the spread of the coronavirus as the number of infections surges. But the move came in the form of a stay-at-home request — not an order...
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FILE - In this Feb. 6, 2020, file photo, Speaker of the House Nancy Pelosi, D-Calif., talks during a news conference at the Capitol in Washington. President Donald Trump and Pelosi have not spoken in five months at a time when the nation is battling its worst health crisis in a century. (AP Photo/J. Scott Applewhite, File)
April 06, 2020 - 10:59 pm
WASHINGTON (AP) — Congressional leaders are jolting ahead with another coronavirus rescue package as President Donald Trump indicated Monday that Americans will need more aid during the stark pandemic and economic shutdown. House Speaker Nancy Pelosi said another $1 trillion is needed, beyond the...
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Japanese Prime Minister Shinzo Abe takes off mask as he speaks to reporters at the prime minister's official residence in Tokyo Monday, April 6, 2020. Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday, April 7, to bolster measures to fight the coronavirus outbreak, but that there will be no hard lockdowns.(Yoshitaka Sugawara/Kyodo News via AP)
April 06, 2020 - 7:24 am
TOKYO (AP) — Japanese Prime Minister Shinzo Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday to bolster measures to fight the coronavirus, but that there will be no hard lockdowns. Abe also told reporters Monday that his government will...
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