Read MoreMcConnell, Democrats jostle over urgent business virus aid | Fed announces $2.3 trillion in additional lending
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FILE- In this March 17, 2020 file photo Treasury Secretary Steven Mnuchin, right, listens as President Donald Trump speaks during a press briefing with the coronavirus task force, at the White House in Washington. Trump has been telling voters that the U.S. economy will leap back to life “like a rocket,” stronger than ever after its bout with the coronavirus. But there is a reason economics is called the “dismal science.” 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/Evan Vucci)
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
The Associated Press25 minutes ago
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)
McConnell, Democrats jostle over urgent business virus aidAn urgent $250 billion request by President Donald Trump to supplement a business “paycheck protection” program for firms crippled by the coronavirus outbreak is facing a roadbock in the Senate
The Associated Press29 minutes ago
ARCHIVO - En esta fotografía de archivo del 3 de marzo de 2020, Jerome Powell, presidente de la Reserva Federal, hace una pausa durante una conferencia de prensa en Washington. (AP Foto/Jacquelyn Martin, archivo)
Fed rolls out $2.3 trillion to stabilize govts, businesses The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy
The Associated Press48 minutes ago
"For Sale By Owner" and "Closed Due to Virus" signs are displayed in the window of Images On Mack in Grosse Pointe Woods, Mich., Thursday, April 2, 2020. The coronavirus outbreak has triggered a stunning collapse in the U.S. workforce with 10 million people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world. (AP Photo/Paul Sancya)
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
The Associated Press1 hour ago
The sun sets behind an idle pump jack near Karnes City, Texas, Wednesday, April 8, 2020. Demand for oil continues to fall due to the new coronavirus outbreak. (AP Photo/Eric Gay)
Oil-producing nations seek global deal to stabilize marketOil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude
The Associated Press1 hour ago
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)
Half billion more people face poverty due to virus - reportA 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
The Associated Press2 hours ago
Whales filmed having whale of a time during lockdown In another sign that wild animals are roaming more freely during the coronavirus lockdown for humans, a maritime patrol has filmed remarkable images of whales powering through Mediterranean waters off the coast of southern France
The Associated Press2 hours ago
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