Business

In this photo made on, April 2, 2020, nurse anesthetist Jessica Poole checks for updates on the coronavirus pandemic in her home office in Greensburg, Pa. Poole, until a couple weeks ago, worked for a private anesthesia practice that serves the Pittsburgh area until she was laid off. She is one of the tens of thousands of medical workers across the United States suddenly out of work as operating rooms and doctor's offices go dark, casualties of urgent calls to prioritize coronavirus patients at overwhelmed hospitals and of the economic waves the crisis is churning. (AP Photo/Keith Srakocic)
April 04, 2020 - 11:17 am
HARRISBURG, Pa. (AP) — Tens of thousands of medical workers across the United States are suddenly out of work as operating rooms and doctor's offices go dark, casualties of urgent calls to prioritize coronavirus patients at overwhelmed hospitals and of the economic waves the crisis is churning...
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A couple in protective masks during the coronavirus outbreak walk past the Philadelphia Museum of Art in Philadelphia, Friday, April 3, 2020. The museum has temporarily closed due to the COVID-19 pandemic. (AP Photo/Matt Rourke)
SKY News
April 03, 2020 - 11:23 pm
NEW YORK (AP) — The Trump administration urged Americans to cover their faces in public and limited exports of medical supplies Friday as New York’s governor took his own dramatic step to fight the coronavirus — vowing to seize unused ventilators from private hospitals and companies. President...
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April 03, 2020 - 4:20 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week for the second straight week as anxiety has spiraled over devastation to the economy from the coronavirus pandemic. Home-loan rates have been hitting all-time lows. Mortgage buyer Freddie Mac reported Thursday that the average rate on...
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House Minority Leader Kevin McCarthy of Calif., President Donald Trump, and Chevron CEO Mike Wirth listen during a meeting with energy sector business leaders in the Cabinet Room of the White House, Friday, April 3, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
April 03, 2020 - 4:18 pm
WASHINGTON (AP) — Petroleum CEOs, including U.S. oil-patch loyalists to President Donald Trump, sought White House help Friday in calming roiling global oil markets amid threats to America’s yearslong fracking boom and the global pandemic. Executives of Chevron, Exxon and other large and medium-...
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FILE - In this Jan. 22, 2015, file photo, visitors walk toward Sleeping Beauty's Castle in the background at Disneyland Resort in Anaheim, Calif. Saying they don't know when they'll be able to re-open many of their businesses with the coronavirus spreading, Walt Disney Co. officials announced they will start furloughing workers in two weeks at its theme parks resorts in Florida and California. The statement released late Thursday, April 2, 2020 from The Walt Disney Co. said the first wave of furloughs will start April 19 and involve workers whose jobs aren't necessary at this time. (AP Photo/Jae C. Hong, File)
SKY News
April 03, 2020 - 2:51 pm
ORLANDO, Fla. (AP) — Saying they don't know when they'll be able to re-open many of their businesses with the coronavirus spreading, Walt Disney Co. officials announced they will start furloughing some workers in two weeks at its theme parks resorts in Florida and California. The statement released...
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Construction work in New Orleans
Getty Images
SKY News
April 03, 2020 - 8:54 am
A record-long streak of U.S. job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs because of the viral outbreak that’s all but shut down the U.S. economy. The unemployment rate jumped to 4.4% from a 50-year low of 3.5%. Last month’s actual job loss was likely even...
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A carpenter, who declined to be identified, cuts plywood to cover a closed store where artwork in support of people affected by the coronavirus already covers an adjacent panel in downtown Seattle, Thursday, April 2, 2020. The number of people seeking unemployment benefits in Washington set a new record last week, with tens of thousands more people in the state filing new claims as non-essential businesses remain closed due to the ongoing coronavirus pandemic. (AP Photo/Elaine Thompson)
SKY News
April 03, 2020 - 7:09 am
WASHINGTON (AP) — After a record 113 straight months of hiring, the government's monthly jobs report Friday is expected to show that the American jobs machine came to a sudden halt in March as a result of the coronavirus. Economists have forecast that the government will say employers shed about...
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Pat Marmo, owner of Daniel J. Schaefer Funeral Home, walks through a viewing room set up to respect social distancing, Thursday, April 2, 2020, in the Brooklyn borough of New York. He and other funeral directors are seeing a surge of clients because of the coronavirus pandemic. (AP Photo/John Minchillo)
SKY News
April 02, 2020 - 11:04 pm
NEW YORK (AP) — The coronavirus outbreak has thrown 10 million Americans out of work in just two weeks in the swiftest, most stunning collapse the U.S. job market has ever witnessed, and the public health crisis deepened in New York City, where a funeral home in a hard-hit neighborhood had 185...
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An Indian policeman wearing a virus themed helmet rides on a horse during an awareness rally aimed at preventing the spread of new coronavirus in Hyderabad, India, Thursday, April 2, 2020. 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. (AP Photo/Mahesh Kumar A.)
SKY News
April 02, 2020 - 6:59 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Thursday related to the global economy, the work place and the spread of the virus. ____________ ZOOM: At the end of last year, the video-conferencing company Zoom had...
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SKY News
April 01, 2020 - 1:24 pm
When will the money arrive? That’s the urgent question for small business owners who have been devastated by the coronavirus outbreak. They’re awaiting help from the $2 trillion rescue package signed into law Friday. But with bills fast coming due, no end to business closings and an economy that’s...
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