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30 minutes ago

Takeaways: Paycheck Protection loans and the Catholic Church

An Associated Press analysis of federal data has found that the U.S. Roman Catholic Church and affiliated groups received federal aid worth at least $1.4 billion under the federal Paycheck Protection Program
30 minutes ago
1 hour ago

Asian stocks sink after Wall St losses on economy worries

Asian stock markets have followed Wall Street lower on concerns economic recoveries might fade as coronavirus cases increase in the United States and some other countries
1 hour ago
A man walks in the rain past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 10, 2020. Asian stock markets followed Wall Street lower Friday on worries economic improvements might fade as coronavirus cases increase in the United States and some other countries. (AP Photo/Eugene Hoshiko)
3 hours ago

Asian stocks sink after Wall St losses on economy worries

Asian stock markets have followed Wall Street lower on concerns economic recoveries might fade as coronavirus cases increase in the United States and some other countries
3 hours ago
The Fearless Girl statue stands in front of the New York Stock Exchange, Thursday, July 9, 2020, in New York. (AP Photo/Mark Lennihan)
July 10

Biden pledges New Deal-like economic agenda to counter Trump

Democrat Joe Biden is turning his campaign against President Donald Trump toward the economy
July 10
FILE - In this June 30, 2020, file photo Democratic presidential candidate, former Vice President Joe Biden speaks at Alexis Dupont High School in Wilmington, Del. (AP Photo/Patrick Semansky)
July 09

Walgreens, Bed Bath & Beyond fall; Costco, SAP rise

Stocks that moved heavily or traded substantially on Thursday: Walgreens, Bed Bath & Beyond fall; Costco, SAP rise
July 09
July 09

Setbacks hamper pipeline industry backed by Trump

The U.S. energy boom and strong backing from President Donald Trump propelled a major expansion of the nation’s sprawling oil and gas pipeline network in the past decade
July 09
FILE - In this Oct. 5, 2016, file photo, heavy equipment is seen at a site where sections of the Dakota Access pipeline were being buried near the town of St. Anthony in Morton County, N.D. A federal judge on Monday, July 6, 2020, ordered the pipeline to shut down until more environmental review is done. (Tom Stromme/The Bismarck Tribune via AP, File)
July 09

How major US stock indexes fared Thursday

Banks helped drag stocks lower on Wall Street Thursday amid worries that recent improvements in the economy may be set to stall as coronavirus cases continue to climb
July 09
July 09

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels
July 09
July 09

US economy may be stalling out as viral outbreak worsens

The U.S. economy is stumbling as the viral outbreak is intensifying across the country, threatening to slow hiring even as the unemployment rate remains in double-digits
July 09
FILE - In this April 24, 2020 file photo, empty United Airlines ticket machines are shown at the Tampa International Airport in Tampa, Fla. United United Airlines will send layoff warnings to 36,000 employees - nearly half its U.S. staff - in the clearest signal yet of how deeply the virus outbreak is hurting the airline industry. United officials said Wednesday, July 8 that they still hope to limit the number of layoffs by offering early retirement, but they have to send notices this month to comply with a law requiring that workers get 60 days' notice ahead of mass job cuts. (AP Photo/Chris O'Meara, File)
July 09

Brazil asks investment firms to adopt protected Amazon areas

Brazil’s government has proposed that global asset-managers adopt protected areas in the Amazon rainforest in order to curb illegal deforestation ahead of the season farmers traditionally use fire to clear land and brush
July 09
FILE - In this Sept. 2, 2019 file photo, logs are stacked at a lumber mill surrounded by recently charred and deforested fields near Porto Velho, Rondonia state, Brazil. Dozens of Brazilian corporations are calling for a crackdown on illegal logging in the Amazon rainforest, expressing their concerns in a letter Tuesday, July 7, 2020, to the vice president, who heads the government's council on that region. (AP Photo/Andre Penner, File)
July 09

Starbucks will require customers to wear face coverings at all US locations

The Seattle-based coffee chain will require facial coverings starting July 15.
July 09
A Starbucks employee wears a face shield and mask as she makes a coffee in Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020.
July 09

Virus forces catering platform to find new audience, purpose

When it launched in 2017, the catering tech platform HUNGRY had one sort of customer in mind, well-heeled office workers
July 09
Driver Frank Robinson confirms on his smart phone a delivery of food to a Brooklyn resident, left, Tuesday, July 7, 2020, in New York. The HUNGRY program "puts food on their table and it helps me to keep food on my table," says Robinson. (AP Photo/Mark Lennihan)
July 09

Ireland's Donohoe named head of eurozone finance group

Ireland’s Paschal Donohoe has been elected to head the finance group of the powerful bloc of 19 nations using Europe’s single currency
July 09
FILE - In this Friday, May 25, 2018 file photo, Luxembourg's Finance Minister Pierre Gramegna, left, speaks with Irish Finance Minister Paschal Donohoe during a meeting of EU finance ministers at the Europa building in Brussels. The powerful group of countries using Europe's single currency will choose a new president on Thursday, July 9, 2020, with three candidates vying for the challenging task of leading the 19-nation bloc out of the deepest economic recession in decades. The candidates for Eurogroup president are Spain's Economy Minister Nadia Calvino, Irish Finance Minister Paschal Donohoe and Luxembourg's Finance Minister Pierre Gramegna. (AP Photo/Virginia Mayo, File)
July 09

UK reopens gyms, pools, as Treasury chief warns of recession

The U.K.'s Treasury chief says the country is heading for unprecedented economic times, including one of the most severe recessions it has ever seen, as it emerges from the COVID-19 pandemic
July 09
Britain's Chancellor of the Exchequer Rishi Sunak visits the Worcester Bosch factory to promote the initiative, Plan for Jobs, in Worcester, England, Thursday July 9, 2020. (Phil Noble/Pool via AP)
July 09

AP EXPLAINS: Public won't see Trump's tax documents for now

Two Supreme Court rulings will keep President Donald Trump’s tax returns, banking records and other financial documents out of the public eye for the time being
July 09
Bill Christeson holds up a sign that reads "Follow the Money" outside the Supreme Court, Thursday, July 9, 2020, in Washington. (AP Photo/Andrew Harnik)
July 09

Virus causes uncertainty for state lotteries

The coronavirus has rattled state lotteries across the country
July 09
A woman scratches a $30 instant ticket while playing the lottery at Ted's Stateline Mobil on Wednesday, June 24, 2020 in Methuen, Mass. The coronavirus pandemic has been a rollercoaster for state lotteries across the country, with some getting a boost from the economic downturn and others scrambling to make up for revenue shortfalls. (AP Photo/Charles Krupa)
July 09

Germany seizes server hosting pilfered U.S. police files

German authorities, acting at the behest of the U.S. government, have seized a computer server that hosted a huge cache of files from U.S. federal, state and local law enforcement agencies obtained in a Houston data breach last month
July 09
FILE - In this May 31, 2020, file photo, protesters march away from the State Capitol in St. Paul, Minn. German authorities, acting at the behest of the U.S. government, have seized a computer server that hosted a huge cache of files from U.S. federal, state and local law enforcement agencies obtained in a Houston data breach last month. The publisher, a transparency collective called Distributed Denial of Secrets, said it got the documents from an outside individual who sympathizes with nationwide protests against police killings of unarmed Black people. (AP Photo/John Minchillo, File)
July 09

Walgreens lost $1.7B in 3Q as pandemic tightens grip

The coronavirus pandemic pushed Walgreens to a $1.7 billion loss it the most recent quarter with customers staying home or limiting shopping to essential supplies from grocery stores
July 09
FILE - In this March 26, 2020 file photo, a woman leaves a Walgreens pharmacy that is enforcing social distancing rules by allowing only a certain numbers of people in as customers line up on the sidewalk outside the store in New York. The coronavirus pandemic pushed the drugstore chain to a $1.7-billion loss in its fiscal third quarter, as customers stayed home to avoid the virus or consolidated their shopping to grocery stores. The international drugstore chain said Thursday, July 9 the rapidly spreading virus took a bite of between $700 million and $750 million out of sales in the quarter. (AP Photo/Kathy Willens, File)
July 09

2Q earnings to show how virus menaced Corporate America

Earnings reporting season is about to get underway for big companies, and the forecasts are grim
July 09
July 09

Another 1.3 million workers filed for unemployment insurance

Weekly unemployment filings have been in the millions each week since mid-March.
July 09
A pedestrian wearing a mask walks past reader board advertising a job opening for a remodeling company, in Seattle.
July 09

EU says 'significant divergences' remain in Brexit talks

EU and U.K. negotiators have yet to find a way to overcome “significant divergences” in their attempt to seal a post-Brexit compromise
July 09
Farmers from the group Save British Farming drive tractors around Parliament Square, backdropped by the Houses of Parliament and the scaffolded Big Ben tower in London, in a protest against cheaply produced lower standard food being imported from the U.S. after Brexit that will undercut them, Wednesday, July 8, 2020. (AP Photo/Matt Dunham)
July 09

Morocco to start reopening borders after strict lockdown

Morocco will start gradually reopening its air and maritime borders next week after one of the world’s strictest border lockdowns
July 09
FILE - In this Friday, June 26, 2020 file photo, people gather at a reopened beach on the first weekend after lockdown measures were lifted in Sale, Morocco. Morocco will start gradually reopening its air and maritime borders next week after one of the world’s strictest border lockdowns, which trapped tourists inside the country and left thousands of Moroccans stranded abroad and unable to come home. Only Moroccan citizens and expatriates living in Morocco will be allowed to travel in the first stage of the reopening starting July 14. (AP Photo/Mosa'ab Elshamy, file)
July 09

Regional governor in Russia arrested on murder charges

A provincial governor in Russia’s far east has been arrested on charges of involvement in multiple murders
July 09
In this image distributed by Russian Investigative Committee, Sergei Furgal, the governor of the Khabarovsk region is escorted by Russian Federal Security Service (FSB, Soviet KGB successor) and Russian Investigative Committee agents in Khabarovsk, Russia, Thursday, July 9, 2020. Sergei Furgal, the governor of the Khabarovsk region along the border with China, was arrested in Khabarovsk and was flown to Moscow and has been arrested on charges of involvement in multiple murders. (The Investigative Committee of the Russian Federation via AP)
July 09

EU court: No need to reveal IP addresses in uploading cases

The European Union’s highest court has ruled that online platforms like YouTube don’t have to disclose the full personal data including email addresses, telephone numbers or IP addresses of users who illegally upload movies and copyright material
July 09
July 09

Asian stocks follow Wall Street higher after tech gains

Asian stock markets have followed Wall Street higher following gains for U.S. technology stocks
July 09
FILE - In this Tuesday, July 7, 2020 file photo, pedestrians wearing protective masks during the coronavirus pandemic pass by the New York Stock Exchange in New York. (AP Photo/Frank Franklin II, File)
July 09

Amazon will stop selling Redskins merchandise

Amazon will stop selling Washington Redskins merchandise after the football team said it would undergo a review of its name, which is considered a racial slur
July 09
July 09

Nevada regulators OK company buying Caesars Entertainment

Reno-based Eldorado Resorts Inc. received the go-ahead from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17 billion deal creating a gambling giant with properties in 16 U.S. states and several other countries
July 09
FILE - In this June 24, 2019, file photo, the Eldorado Resort Casino stands in Reno, Nev. Reno-based Eldorado Resorts Inc. received the go-ahead from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17 billion deal creating a gambling giant with properties in 16 U.S. states and several other countries. The merger won unanimous endorsement Wednesday, July 8, 2020, after pointed questions from Nevada Gaming Control Board regulators and unanimous approval from the state Gaming Commission. Approval in coming days from regulators in Indiana and New Jersey would create the world's largest casino company under the Caesars Entertainment name. (Colton Lochhead/Las Vegas Review-Journal via AP, File)
July 09

How many people saw 'Hamilton'? For now, that's a secret

The streaming of “Hamilton” by the Disney+ streaming service was surely the big event on television screens in American living rooms this past weekend
July 09
In this image released by Disney Plus, from left, Daveed Diggs, Okieriete Onaodowan, Lin-Manuel Miranda, Leslie Odom Jr. and Anthony Ramos appear in a filmed version of the original Broadway production of "Hamilton." (Disney Plus via AP)
July 09

Facebook civil rights audit: 'Serious setbacks' mar progress

A two-year audit of Facebook's civil rights record found “serious setbacks” that have marred the social network's progress on matters such as hate speech, misinformation and bias
July 09
FILE - In this Oct. 25, 2019, file photo, Facebook CEO Mark Zuckerberg speaks at the Paley Center in New York. Zuckerberg and Chief Operating Officer Sheryl Sandberg met with civil rights leaders Tuesday, July 7, 2020, including the organizers of a widespread advertising boycott of the social network over hate speech on its platform, in an effort to convince critics that it is doing everything it can to rid its service of hate, abuse and misinformation. (AP Photo/Mark Lennihan)
July 08

Lawyer: TSA makes changes after whistleblower's complaint

The TSA has made some changes at airport security checkpoints after a whistleblower inside the agency complained about poor protection against the coronavirus
July 08
July 08

Correction: Virus Outbreak-Business Fallout story

In a story July 7, 2020, about business-related fallout from the coronavirus pandemic, The Associated Press erroneously reported Regeneron Pharmaceuticals is working on a COVID-19 vaccine candidate
July 08
Emiratis wearing face masks due to the coronavirus pandemic work on the floor of the Dubai Financial Market in Dubai, United Arab Emirates, Tuesday, July 7, 2020. Dubai reopened its Dubai Financial Market stock exchange Tuesday after closing its floor due to the coronavirus pandemic. (AP Photo/Jon Gambrell)
July 08

United Airlines warns 36,000 workers they could be laid off

United Airlines is sending layoff warnings to 36,000 employees, nearly half its U.S. staff
July 08
FILE - In this March 25, 2020 file photo, United Airlines planes are parked at George Bush Intercontinental Airport in Houston. United Airlines will send layoff warnings to 36,000 employees - nearly half its U.S. staff - in the clearest signal yet of how deeply the virus outbreak is hurting the airline industry. United officials said Wednesday, July 8 that they still hope to limit the number of layoffs by offering early retirement, but they have to send notices this month to comply with a law requiring that workers get 60 days' notice ahead of mass job cuts. (AP Photo/David J. Phillip, File)
July 08

Facebook takes down accounts tied to Roger Stone

Facebook on Wednesday said it has removed dozens of accounts linked to the hate group Proud Boys, to President Donald Trump’s longtime ally Roger Stone and to employees of Brazil’s president, Jair Bolsonaro, among others
July 08
July 08

Judge dismisses GM's bribery lawsuit against Fiat Chrysler

A federal judge in Detroit has tossed out General Motors’ lawsuit alleging that rival Fiat Chrysler paid off union leaders to get better contract terms than GM
July 08
This May 12, 2020, photo shows a general view of the Renaissance Center, headquarters for General Motors, along the Detroit skyline from the Detroit River. A federal judge in Detroit dismissed General Motors’ lawsuit Wednesday, July 8, 2020, alleging that rival Fiat Chrysler paid off union leaders to get better contract terms than GM. (AP Photo/Paul Sancya)
July 08

Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt

Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, is filing for bankruptcy protection
July 08
FILE - This is a Sept. 11, 2001, file photo shows a man passing a Brooks Brothers store on Church St. in New York. The storied Manhattan fashion retailer Brooks Brothers is filing for bankruptcy protection. The company that says it's put 40 U.S. presidents in its suits survived a pair of world wars and navigated through casual Fridays and a loosening of dress standards even on Wall Street, but the coronavirus pandemic pushed the 200-year-old company into seek Chapter 11 protection Wednesday, July 8, 2020. (AP Photo/Mark Lennihan, File)
July 08

CDC: Minorities affected much more in meatpacking outbreaks

A new report studying the impact of the coronavirus on workers in meat processing plants has found that 87% of people infected were racial or ethnic minorities and that at least 86 workers have died
July 08
FILE - In this May 20, 2020 file photo, residents held thank you signs to greet employees of a Smithfield pork processing plant as they returned to their shifts after the plant had been closed because of a coronavirus outbreak in Sioux Falls, S.D. A new report studying the impact of the coronavirus on workers at meat processing plants has found that 87% of people infected were racial or ethnic minorities and that at least 86 workers have died. The report released Tuesday, July 8, 2020, by the U.S. Centers for Disease Control and Prevention examined more than 16,000 COVID-19 cases at 239 plants in 21 states. (AP Photo/Stephen Groves File)
July 08

How major US stock indexes fared Wednesday

Stocks closed higher Wednesday, as more gains for big tech companies helped make up for weakness elsewhere across Wall Street
July 08
July 08

Canada predicts historic deficit due to pandemic spending

The Canadian government is predicting a historic CDN$343 billion (US$254 billion) deficit for 2020-21 resulting from its economic and stimulus plans to battle COVID-19
July 08
July 08

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels
July 08
July 08

Biogen, AMC Entertainment rise; Levi Strauss, Ascena fall

Stocks that moved heavily or traded substantially on Wednesday: Biogen, AMC Entertainment rise; Levi Strauss, Ascena fall
July 08
July 08

Supreme Court expected to rule on Trump tax records Thursday

The Supreme Court is expected to rule Thursday on whether Congress and the Manhattan district attorney can see President Donald Trump’s taxes and other financial records that the president has fought hard to keep private
July 08
The Supreme Court, Wednesday, July 8, 2020, in Washington. (AP Photo/Andrew Harnik)
July 08

CORRECTS: US consumers cut borrowing by $18.3 billion in May (Corrects APNewsAlert to say amount was $18.3B, not $19.1B)

CORRECTS: US consumers cut borrowing by $18.3 billion in May (Corrects APNewsAlert to say amount was $18.3B, not $19.1B)
July 08
July 08

US consumers reduced their borrowing by $19.1 billion in May following huge April decline

US consumers reduced their borrowing by $19.1 billion in May following huge April decline
July 08
July 08

Trump, Lopez Obrador visit is about trade, but politics too

President Donald Trump’s meeting with Mexican President Andrés Manuel López Obrador is being billed as a celebration of economic ties and the new North American trade agreement
July 08
FILE - In this April 5, 2020 file photo, Mexican President Andres Manuel Lopez Obrador speaks at the National Palace in Mexico City. For his first foreign trip as president, López Obrador travels to Washington Tuesday, July 7, 2020 to meet with President Donald Trump. (AP Photo/Eduardo Verdugo, File)
July 08

US starts talks on free trade agreement with Kenya

The United States and Kenya have begun talks on a free trade agreement that would mark the first U.S. trade deal with a sub-Saharan nation
July 08
July 08

Housing market heats up, cruise industry in murky waters

Home buying is heating up, despite the pandemic
July 08
A hospital staff walks past rows of beds at a makeshift COVID-19 care center at an indoor sports stadium in New Delhi, India, Wednesday, July 8, 2020. India has overtaken Russia to become the third worst-affected nation by the coronavirus pandemic. (AP Photo/Altaf Qadri)
July 08

UK gets creative: Job bonus and eating out schemes announced

The British government has unveiled a package of measures that it hopes will help the economy bounce back and limit a spike in unemployment as a result of the coronavirus pandemic
July 08
FILE - In this Wednesday, March 11, 2020 file photo, Britain's Chancellor of the Exchequer Rishi Sunak stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London. British Treasury chief Rishi Sunak on Wednesday is set to announce a 2 billion pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. (AP Photo/Kirsty Wigglesworth, File)
July 08

Renters face financial cliff ahead; limited help available

Renters are nearing the end of their financial rope as the assistance and protections given to them during the pandemic run their course
July 08
FILE - In this May 20, 2020 file photo, signs that read "No Job No Rent" hang from the windows of an apartment building in Northwest Washington. Renters are nearing the end of their financial rope as the assistance and protections given to them during the pandemic run their course. About 30% of renters polled by the U.S. Census say they have no confidence or slight confidence in their ability to pay rent next month. (AP Photo/Andrew Harnik, File)
July 08

Malaysian palm oil giant hit with forced labor allegations

An anti-trafficking organization has filed a petition to ban importation of palm oil produced by one of the world’s largest suppliers, saying it found evidence of child and forced labor on plantations that supply American food and cosmetics companies
July 08
FILE - In this Wednesday, Nov. 4, 2009, file photo, a worker works with palm oil fruits at a collection center in Dangkil, outside Kuala Lumpur, Malaysia. On Tuesday, July 7, 2020, anti-trafficking organization Liberty Shared said it filed a petition to ban the importation of palm oil produced by Malaysia-based Sime Darby Berhad, one of the world’s largest suppliers, saying it found evidence of child and forced labor on plantations that supply American food and cosmetics companies. (AP Photo/Vincent Thian)
July 08

Coppola and Henson companies get loans for winery, puppetry

From a godfather of cinema to Kermit the Frog, the U.S. government’s small business lending program sent pandemic relief money into unexpected corners of the entertainment industry
July 08
A statue of Kermit The Frog stands at the entrance to The Jim Henson Company, Tuesday, July 7, 2020, in the Hollywood section of Los Angeles. The U.S. government's small business lending program sent pandemic relief money into unexpected corners of the entertainment industry. The Muppet makers say they received about $2 million to keep their 75 workers employed through the coronavirus shutdown. (AP Photo/Chris Pizzello)