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20 minutes ago

Oil-producing nations seek global deal to stabilize market

Oil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude

20 minutes ago

3 minutes ago

US gig workers and self-employed face delays in jobless aid

Even as nearly 17 million Americans have sought unemployment benefits in the past three weeks — a record high, by far — millions of people appear to be falling through the cracks

3 minutes ago

A woman looks to get information about job application in front of IDES (Illinois Department of Employment Security) WorkNet center in Arlington Heights, Ill., Thursday, April 9, 2020. Another 6.6 million people filed for unemployment benefits last week, according to the US Department of Labor, as American workers continue to suffer from devastating job losses, furloughs and reduced hours during the coronavirus pandemic. (AP Photo/Nam Y. Huh)

1 hour ago

Euro countries agree half trillion euros in support

European finance ministers have agreed on more than a half-trillion euros, or $550 billion, of support programs to cushion the recession caused by the virus outbreak

1 hour ago

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)

2 hours ago

Fed unveils details of $600B Main Street lending program for businesses

The action was well received by the stock market, which rallied at the news.

2 hours ago

A pedestrian passes a business which has closed temporarily in San Antonio, Texas, March 24, 2020.

3 hours ago

Wall Street caps best week since 1974 on latest Fed stunner

Wall Street closed out its best week in 45 years on Thursday after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak

3 hours ago

A currency trader watches computer monitors near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, April 9, 2020. Asian shares are mixed, with Tokyo lower, as an overnight rally on Wall Street faded.(AP Photo/Lee Jin-man)

3 hours ago

How major US stock indexes fared Thursday

Stocks closed broadly higher on Wall Street Thursday, rounding out the best week for the benchmark S&P 500 index since 1974

3 hours ago

4 hours ago

Panic grocery buying slows; iPhone sales plummeted in March

The retreat in travel by land, sea and air is unprecedented

4 hours ago

FILE- In this March 18, 2020, file photo a few people walk on Wall Street in front of the New York Stock Exchange in New York. There are emerging signs that any recovery will fail to match the speed and severity of the economic collapse that occurred in just a few weeks. (AP Photo/Mark Lennihan, File)

4 hours ago

Coronavirus economic updates: Fed to provide $2.3 trillion in loans

Here is the latest on the COVID-19-induced financial crisis.

4 hours ago

An aerial view from a drone shows vehicles lining up to receive unemployment applications being given out by City of Hialeah employees in front of the John F. Kennedy Library on April 8, 2020 in Hialeah, Fla.

4 hours ago

Smithfield temporarily shuts pork plant due to coronavirus

A Smithfield Foods pork processing plant in South Dakota is closing temporarily after more than 80 employees tested positive for the coronavirus

4 hours ago

The Smithfield pork processing plant in Sioux Falls, S.D., is seen Wednesday, April 8, 2020, where health officials reported more than 80 employees have confirmed cases of the coronavirus (AP Photo/Stephen Groves)

April 9, 2020, 7:44 PM

IMF head sees worst economic downturn since Great Depression

The head of the International Monetary Fund says the coronavirus pandemic will push the global economy into the deepest recession since the Great Depression

April 9, 2020, 7:44 PM

FILE - In this Feb. 14, 2020 file photo, Kristalina Georgieva, Managing Director of the International Monetary Fund, attends a session on the first day of the Munich Security Conference in Munich, Germany. Georgieva said Friday, March 27, it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn. She said the 189-nation lending agency was forecasting a recovery in 2021, saying it could be a “sizable rebound.” But she said this would only occur if nations succeed in containing the coronavirus and limiting the economic damage(AP Photo/Jens Meyer, File)

April 9, 2020, 7:39 PM

Closing prices for crude oil, gold and other commodities

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

April 9, 2020, 7:39 PM

April 9, 2020, 7:05 PM

Fed rolls out $2.3 trillion plan to stabilize economy

The government's pay plan for small businesses is off to a rocky start.

April 9, 2020, 7:05 PM

ARCHIVO - Foto de archivo, 3 de marzo de 2020, del presidente de la Reserva Federal, Jerome Powell, en conferencia de prensa en Wshington. Powell dijo el jueves 26 de marzo de 2020 que la Fed otorgará préstamos casi ilimitados para enfrentar los daños causados a la economía por el virus. (AP Foto/Jacquelyn Martin, File)

3 minutes ago

Pandemic has set the number of air travelers back decades

The steep drop in air travel is passing a milestone

3 minutes ago

FILE - In this April 1, 2020, file photo, several dozen mothballed Delta Air Lines jets are parked at Kansas City International Airport in Kansas City, Mo. The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus. The Transportation Security Administration screened fewer than 100,000 people on Tuesday, April 7, a drop of 95% from a year ago. (AP Photo/Charlie Riedel, File)

April 9, 2020, 6:02 PM

Germany flies in seasonal farm workers amid virus measures

Two planeloads of Eastern European farm workers have arrived in Germany amid strict precautions to protect the seasonal laborers and the country from the new coronavirus

April 9, 2020, 6:02 PM

An airport employee checks the temperature of a Romanian seasonal worker outside the Avram Iancu international airport, in Cluj, central Romania, Thursday, April 9, 2020. More then 1800 workers from across Romania are traveling on 12 flights to Berlin, Baden Bade and Dusseldorf in Germany, most of them to work in asparagus farms.(AP Photo/Raul Stef)

April 9, 2020, 6:02 PM

Senators block new virus aid, Pelosi decries 'stunt'

Senators have torpedoed quick passage of a new coronavirus aid package

April 9, 2020, 6:02 PM

FILE - In this March 17, 2020 file photo, Senate Majority Leader Mitch McConnell of Ky., speaks during a news conference on Capitol Hill in Washington. McConnell flexed his fundraising strength in the midst of a global pandemic, raising nearly $7.5 million in the first three months of 2020, his campaign said Tuesday, April 7. The first-quarter haul was the Kentucky Republican's best three-month fundraising performance since entering the Senate in the mid-1980s. (AP Photo/Susan Walsh, File)

April 9, 2020, 5:10 PM

Coronavirus shutdown presents challenges for teams, sponsors

Amid the coronavirus shutdown, sports business executives are having tough conversations about advertising and marketing contracts with no games on the horizon

April 9, 2020, 5:10 PM

FILE - In this Oct. 9, 2019, file photo, advertising is seen in the background as St. Louis Cardinals' Tommy Edman hits a double during the first inning of Game 5 of their National League Division Series baseball game against the Atlanta Braves, in Atlanta. While the coronavirus pandemic circles the world, sports business executives are having conversations about advertising and marketing contracts with no games on the horizon. (AP Photo/John Bazemore, File)

April 9, 2020, 4:40 PM

Wiped out of toilet paper? Here's why

Finding toilet paper in a global pandemic is a struggle

April 9, 2020, 4:40 PM

This undated photo provided by Georgia-Pacific shows the production line at the Georgia-Pacific plant in Atlanta. NCSolutions, a data and consulting firm, said online and in-store U.S. toilet paper sales rose 51% between Feb. 24, 2020 and March 10, as buyers started getting uneasy about the growing number of coronavirus cases. (Georgia-Pacific via AP)

April 9, 2020, 4:33 PM

US economy unlikely to recover as rapidly as it collapsed

There are emerging signs any U.S. economic recovery will fail to match the speed and severity of the collapse that occurred in just a few weeks, despite President Donald Trump's promises of a strong rebound

April 9, 2020, 4:33 PM

April 9, 2020, 4:15 PM

Historic oil price plunge trashes sector's profit outlook

Energy stocks are suffering from a double whammy of the coronavirus crisis and a price war among big crude oil producers

April 9, 2020, 4:15 PM

April 9, 2020, 3:45 PM

Virus casts a dark cloud over once-thriving home market

Would-be home sellers and buyers in the United States as well as in Europe are caught in the grip of a pandemic that has upended the housing market just as it was entering the busy spring season

April 9, 2020, 3:45 PM

In this March 18, 2020 photo, model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa. Would-be home sellers and buyers in the United States as well as in Europe are caught in the grip of a pandemic that has upended the housing market just as it was entering the busy spring season. Shutdown orders have halted open houses and complicated property viewings. (AP Photo/Keith Srakocic)

April 9, 2020, 3:37 PM

Hurry up and wait? Why relief to small businesses has lagged

Speed is of the essence if a federal relief program for small businesses is going to be effective in combating the damage wrought by the coronavirus lockdowns

April 9, 2020, 3:37 PM

FILE - In this March 16, 2020 file photo, chairs hang stacked on empty tables at a closed restaurant in New York. Small business owners across the country waited again Wednesday, April 8, to receive loan money under the government’s $2 trillion coronavirus relief program. Despite a few reports that some companies had received their loans, the vast majority of the hundreds of thousands of owners who began applying for the loans on Friday were still in limbo. (AP Photo/Yuki Iwamura, File)

April 9, 2020, 2:56 PM

Record 16.8 million have sought US jobless aid since virus

With a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark: Roughly one in 10 workers have lost their jobs in just the past three weeks

April 9, 2020, 2:56 PM

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 9, 2020, 2:13 PM

UK government gets a bigger overdraft to help pay the bills

The British government is getting a bigger overdraft at the Bank of England, a further sign of the severe strains on its finances caused by the economic fallout of the coronavirus pandemic

April 9, 2020, 2:13 PM

A few people gather outside an otherwise deserted Bank of England in London, Tuesday, March 24, 2020. Britain's Prime Minister Boris Johnson on Monday imposed its most draconian peacetime restrictions due to the spread of the coronavirus on businesses and gatherings, health workers begged for more gear, saying they felt like "cannon fodder." For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (AP Photo/Alberto Pezzali)

April 9, 2020, 2:02 PM

Lockdowns mean millions of women can't reach birth control

Lockdowns imposed to curb the coronavirus’ spread have put millions of women in Africa, Asia and elsewhere out of reach of birth control and other sexual and reproductive health needs

April 9, 2020, 2:02 PM

A woman holds a packet of contraceptive pills, in Harare, Thursday, April 9, 2020. Lockdowns imposed to curb the coronavirus’ spread have put millions of women in Africa, Asia and elsewhere out of reach of birth control and other sexual and reproductive health needs. Confined to their homes with husbands and others, they face unwanted pregnancies and little idea of when they can reach the outside world again. (AP Photo/Tsvangirayi Mukwazhi)

April 9, 2020, 1:38 PM

6.6 million more Americans file for unemployment amid COVID-19 financial crisis

The COVID-19 outbreak has shuttered nonessential business across the country.

April 9, 2020, 1:38 PM

Unemployment applications are seen as City of Hialeah employees hand them out to people in front of the John F. Kennedy Library, April 8, 2020, in Hialeah, Fla.

April 9, 2020, 1:06 PM

Virus vexes bar exam, leaving young future lawyers in limbo

The summer bar exam is up in the air because of the coronavirus, and that leaves some 46,000 law students in limbo who are waiting to take the high-stakes test

April 9, 2020, 1:06 PM

This photo provided by Jennifer C Hughes shows Emily Hughes as she poses for a photo in her home office in Xenia, Ohio on April 5, 2020. Hughes, in her final year of Law School at the University of Cincinnati, is studying to pass the bar exam. However, amid the COVID-19 pandemic, the organization that develops the exam — the National Conference of Bar Examiners — has raised the possibility that the July test may not be offered. But it doesn't plan to decide until May 5, leaving some 46,000 law students in limbo. (Jennifer C Hughes via AP)

April 9, 2020, 1:02 PM

What you need to know today about the virus outbreak

With a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark: Roughly one in 10 workers have lost their jobs in just the past three weeks

April 9, 2020, 1:02 PM

April 9, 2020, 12:15 PM

Half billion more people face poverty due to virus - report

A report by aid group Oxfam says that around half a billion people could be pushed into poverty as a result of the economic fallout from the coronavirus pandemic unless richer countries help them

April 9, 2020, 12:15 PM

A woman and her daughter wearing face masks to protect against coronavirus, sell fruit and vegetables at the taxi station in Lenasia, south of Johannesburg, South Africa, Wednesday, April 8, 2020. South Africa and more than half of Africa's 54 countries have imposed lockdowns, curfews, travel bans or other restrictions to try to contain the spread of the highly contagious COVID-19 coronavirus. (AP Photo/Themba Hadebe)

April 9, 2020, 11:07 AM

Jobless claims report Thursday could hit 7 million or higher

The government is set to report another shocking level of unemployment claims Thursday even after nearly 10 million people applied for benefits in the previous two weeks because of business shutdowns from the coronavirus

April 9, 2020, 11:07 AM

In this Monday, April 6, 2020 photo, Michael Newell speaks in Tallahassee, Fla,. Newell lost his job in medical sales last month after business began drying up. He's been advertising online to pick up work as a landscaper. He managed to file for unemployment than two weeks ago. "I'm still waiting," he said. "There's no news, and I don't really want to fight with the phone system after hearing all of the horror stories." (AP Photo/Bobby Caina Calvan)

April 9, 2020, 8:29 AM

Dubai allows alcohol home delivery as virus shuts down bars

Dubai’s two major alcohol distributors have partnered to offer home delivery of beer, spirits and wine as the new coronavirus now threatens a crucial source of tax and general revenue for the rulers of this Islamic city-state

April 9, 2020, 8:29 AM

In this Tuesday, April 7, 2020 photo, a delivery truck leaves after dropping off alcohol to a home in Dubai, United Arab Emirates. Dubai’s two major alcohol distributors have partnered to offer home delivery of beer, spirits and wine as the new coronavirus now threatens a crucial source of tax and general revenue for the rulers of this Islamic city-state. The decision marks yet another loosening of social mores in the skyscraper-studded desert metropolis. (AP Photo/Jon Gambrell)

April 9, 2020, 8:21 AM

Struggle to apply for unemployment continues across the country

The number of unemployed Americans continues to rise as states try to keep up.

April 9, 2020, 8:21 AM

A man speaks with a library worker after receiving an unemployment form, as the outbreak of coronavirus continues, in Hialeah, Florida on April 8, 2020.

April 9, 2020, 7:37 AM

Ship at center of virus outbreak raided by Australian police

Australian police wearing protective gear have boarded a cruise ship to seize evidence and question crew members after the vessel was linked to hundreds of COVID-19 cases and more than a dozen deaths

April 9, 2020, 7:37 AM

In this Wednesday, April 8, 2020, photo provided by the New South Wales Police, investigators in protective gear prepare to board the Ruby Princess cruise ship at Wollongong, Australia. Police boarded the cruise ship to seize evidence and question crew members after the vessel was linked to hundreds of COVID-19 cases and more than a dozen deaths across Australia. (Nathan Patterson/NSW Police via AP)

April 9, 2020, 4:07 AM

Asian shares mixed, Tokyo lower as Wall Street rally fades

Shares are mixed in Asia after a 3.4% gain on Wall Street overnight as investors chose a positive focus for data about the coronavirus outbreak’s trajectory

April 9, 2020, 4:07 AM

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, April 8, 2020, in Tokyo. Asian shares were mostly lower after gyrating in early trading amid uncertainty over the coronavirus outbreak. (AP Photo/Eugene Hoshiko)

April 9, 2020, 2:37 AM

Feds loosen virus rules to let essential workers return

In a first, small step toward reopening the country, the Trump administration has issued new guidelines to make it easier for essential workers who have been exposed to COVID-19 get back to work — if they have no symptoms

April 9, 2020, 2:37 AM

Vice President Mike Pence speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Alex Brandon)

April 9, 2020, 12:39 AM

Congress in standoff on virus aid, but first checks coming

Congress is rushing headlong into a conflict over the next coronavirus aid package

April 9, 2020, 12:39 AM

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 8, 2020, 11:47 PM

Housing market chills, layoffs, companies boost virus fight

There are growing indications of a severe economic disruption from the pandemic for both national economies and small businesses

April 8, 2020, 11:47 PM

A man stands outside of a pharmacy wearing face protection during confinement to prevent the spread of coronavirus COVID-19, in Pamplona, northern Spain, Wednesday, April 8, 2020. COVID-19 causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Alvaro Barrientos)

April 8, 2020, 10:12 PM

Enbridge seeks permits to build Great Lakes oil tunnel

Enbridge is seeking state and federal permits to build an oil pipeline beneath the waterway linking Lakes Huron and Michigan

April 8, 2020, 10:12 PM

FILE - In this June 8, 2017 file photo, fresh nuts, bolts and fittings are ready to be added to the east leg of the pipeline near St. Ignace as Enbridge prepares to test the east and west sides of the Line 5 pipeline under the Straits of Mackinac in Mackinaw City, Mich. Enbridge Inc. applied Wednesday, April, 2020, for state and federal authorization to construct an oil pipeline tunnel beneath the Michigan waterway that connects two of the Great Lakes. (Dale G Young/Detroit News via AP)/Detroit News via AP)

April 8, 2020, 9:07 PM

Second US study for COVID-19 vaccine uses skin-deep shots

U.S. researchers have opened another safety test of an experimental COVID-19 vaccine, this one using a skin-deep shot instead of the usual deeper jab

April 8, 2020, 9:07 PM

In this Wednesday, April 8, 2020 photo provided by the Center for Pharmaceutical Research, a participant in a COVID-19 coronavirus vaccine trial receives an injection in Kansas City, Mo. This early safety study, called a Phase 1 trial, is using a vaccine candidate developed by Inovio Pharmaceuticals. (Center for Pharmaceutical Research via AP)

April 8, 2020, 8:57 PM

How major US stock indexes fared Wednesday

Stocks closed broadly higher on Wall Street Wednesday as investors focused on the optimistic side of data about the trajectory of the coronavirus

April 8, 2020, 8:57 PM

April 8, 2020, 8:37 PM

At emergency March meetings Fed pledged to use full arsenal

Federal Reserve officials pledged at two emergency meetings last month to use their full arsenal to bolster the U.S. economy being brought to its knees by the coronavirus outbreak

April 8, 2020, 8:37 PM

FILE - This July 31, 2019 file photo shows the Federal Reserve Building in Washington. Federal Reserve officials pledged at two emergency meetings last month to use their full arsenal to bolster the U.S. economy being brought to its knees by the coronavirus outbreak. Minutes of the two meetings released Wednesday, April 8, 2020 show that Fed officials were alarmed at the impact the virus was already having on U.S. economic activity. (AP Photo/Patrick Semansky, File)

April 8, 2020, 8:27 PM

AP FACT CHECK: Trump skews truth on lending aid, virus risk

President Donald Trump is offering a rosy portrait of a smoothly running federal emergency lending program for small businesses that doesn't match reality

April 8, 2020, 8:27 PM

President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Alex Brandon)

April 8, 2020, 8:26 PM

FedEx, Levi Strauss rise; TAL Education, Party City fall

Stocks that moved heavily or traded substantially on Wednesday: FedEx, Levi Strauss rise; TAL Education, Party City fall

April 8, 2020, 8:26 PM

Lawmaker calls out airlines over rejected refunds: 'We bailed out your company'

A lawmaker told ABC News refunds should be mandated in a future stimulus bill.

April 8, 2020, 8:26 PM

Senator Ed Markey holds a press conference in the lobby of the JFK Building in Boston, March 15, 2020.

April 8, 2020, 8:23 PM

Coronavirus economic updates: Toyota extends production suspension at US plants

Here is all the latest on how the COVID-19-induced economic crisis is unfolding.

April 8, 2020, 8:23 PM

A person rides a bike down Wall Street, April 2, 2020, in New York.

April 8, 2020, 7:51 PM

Closing prices for crude oil, gold and other commodities

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

April 8, 2020, 7:51 PM

April 8, 2020, 7:30 PM

Massive effort to get Los Angeles homeless into hotels

Los Angeles has embarked on an unprecedented effort to bring thousands of homeless people off the streets and into hotels to protect the most vulnerable as the coronavirus continues to spread

April 8, 2020, 7:30 PM

April 8, 2020, 7:26 PM

Walmart hit with wrongful death lawsuit after employee dies of COVID-19 complications

Wando Evans was 51 when he died of COVID-19 complications on March 25.

April 8, 2020, 7:26 PM

Walmart shopping carts are seen In the parking lot in Chicago, Ill., Nov. 27, 2019.

April 8, 2020, 6:52 PM

UK's Johnson in ICU with coronavirus, condition improving

Britain’s Treasury chief says Prime Minister Boris Johnson’s condition is improving in the intensive care unit of a London hospital

April 8, 2020, 6:52 PM

Police officers stand outside St Thomas' Hospital in the background in central London, where Prime Minister Boris Johnson remains in intensive care as his coronavirus symptoms persist, Wednesday April 8, 2020. Johnson has spent his second night in hospital intensive care. The highly contagious COVID-19 coronavirus has impacted on nations around the globe, many imposing self isolation and exercising social distancing when people move from their homes. (Dominic Lipinski/PA via AP)

April 8, 2020, 6:21 PM

Iran says US oil production must be known before OPEC+ call

Iran has demanded that U.S. oil production levels must be known before an upcoming OPEC meeting with Russia and others seeking to boost global energy prices

April 8, 2020, 6:21 PM