Economy

Senate Majority Leader Mitch McConnell of Ky. gives a thumbs up as he arrives on Capitol Hill, Wednesday, March 25, 2020, in Washington. (AP Photo/Andrew Harnik)
Associated Press
March 26, 2020 - 5:07 am
WASHINGTON (AP) — The Senate passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic. The unanimous vote Wednesday came despite misgivings on both sides about whether it goes too far or not far...
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FILE - In this July 30, 2019, file photo, One Championship founder Chatri Sityodtong, center, gestures as Reece McLaren, right, of Australia and Danny Kingad, of the Philippines face off during the media presentation for this ONE Championship mixed martial arts fight dubbed: Dawn of Heroes, in suburban Pasay city, south of Manila, Philippines. As his mixed martial arts promotions go behind closed doors and audience free, Sityodtong says he's finding ways to thrive during the coronavirus pandemic that is shutting down sports around the globe. (AP Photo/Bullit Marquez, File)
March 26, 2020 - 2:51 am
He survived the Asian financial crisis, which wiped out entire economies and tore his family apart. As his mixed martial arts promotions go audience free, One Championship founder Chatri Sityodtong says he's finding ways to thrive during the coronavirus pandemic that is shutting down sports around...
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In this Saturday, March 21, 2020 photo, a food delivery scooter passes Barbar Restaurant that now offers food for delivery only, after most of the shops and restaurants closed as part of the preventive measures against the coronavirus, in Beirut, Lebanon. Through 15 years of civil war and various bouts of violence since, Lebanon's Barbar eatery never closed its doors, forging ahead through difficult times while continuously serving up sandwiches to customers -- even if it meant doing so from behind sandbags during the conflict. (AP Photo/Bilal Hussein)
March 26, 2020 - 1:05 am
BEIRUT (AP) — Through 15 years of civil war and various bouts of violence since, Lebanon's Barbar eatery never closed its doors, serving up sandwiches to customers even if it meant doing so from behind sandbags. The coronavirus pandemic, however, has managed to do what various wars could not: Close...
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A staff member carries plastic buckets containing medical waste from new coronavirus patients at the Dongsan Hospital in Daegu, South Korea, Wednesday, March 25, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (Park Dong-joon/Yonhap via AP)
March 26, 2020 - 12:03 am
The Latest on the coronavirus pandemic. The new coronavirus 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. TOP OF THE HOUR: — South Korea’s central bank to temporarily...
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Paul Boutros, owner of East Side Pockets, a small restaurant near Brown University, looks out onto an empty street since students were sent home two weeks ago, Wednesday, March 25, 2020, in Providence, R.I. "He's not being realistic. How can you open if the cases are climbing day after day?" asked Boutros on Trump's call to restart the economy by mid-April. "You go to Walmart, you don't know if the people around you, if they have the virus. People come to our restaurant. I don't know if they have the virus." (AP Photo/David Goldman)
March 25, 2020 - 11:04 pm
PROVIDENCE, R.I. (AP) — President Donald Trump wants the country open for business by mid-April, but some experts warn it's not as easy as flipping a switch: Economies run on confidence, and that is likely to be in short supply for as long as coronavirus cases in the United States are still rising...
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Local volunteers carries packages with soap and detergent to be distributed in an effort to avoid the spread of the new coronavirus in the Rocinha slum of Rio de Janeiro, Brazil, Tuesday, March 24, 2020. (AP Photo/Leo Correa)
March 25, 2020 - 11:00 pm
SAO PAULO (AP) — Brazil's governors are defying President Jair Bolsonaro over his call to reopen schools and businesses, dismissing his argument that the “cure” of widespread shutdowns to contain the spread of the coronavirus is worse than the disease. Bolsonaro contends that the clampdown already...
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Patients wear personal protective equipment while maintaining social distancing as they wait in line for a COVID-19 test at Elmhurst Hospital Center, Wednesday, March 25, 2020, in New York. Gov. Andrew Cuomo sounded his most dire warning yet about the coronavirus pandemic Tuesday, saying the infection rate in New York is accelerating and the state could be as close as two weeks away from a crisis that sees 40,000 people in intensive care. Such a surge would overwhelm hospitals, which now have just 3,000 intensive care unit beds statewide. (AP Photo/John Minchillo)
March 25, 2020 - 10:14 pm
NEW YORK (AP) — New York authorities mobilized to head off a potential public health disaster in the city Wednesday, with its emergence as the nation's biggest coronavirus hot spot a warning flare — and perhaps a cautionary tale — for the rest of the country as U.S. deaths from the pandemic topped...
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Unidentified Los Angeles residents are admistered with a test for COVID-19 while in their vehicles inside the Crenshaw Christian Center in South Los Angeles Wednesday, March 25, 2020. With California virus cases surging, Gov. Gavin Newsom said his stay-at-home order for 40 million Californians may stay in place into May. (AP Photo/Damian Dovarganes)
March 25, 2020 - 8:02 pm
SACRAMENTO, Calif. (AP) — Five of the nation's largest banks have agreed to temporarily suspend residential mortgage payments for people affected by the coronavirus, California Gov. Gavin Newsom said Wednesday. The announcement came as Newsom provided yet another grim statistic about the economic...
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President Donald Trump speaks about the coronavirus in the James Brady Briefing Room, Tuesday, March 24, 2020, in Washington, as Vice President Mike Pence and Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, listen. (AP Photo/Alex Brandon)
March 25, 2020 - 4:31 pm
WASHINGTON (AP) — President Donald Trump’s “beautiful” idea to reopen the U.S. economy by Easter Sunday and pack church pews that day was dreamed up during a conference call among business leaders desperate to get the country back up and running. But his target date for easing coronavirus...
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