Economy

Gov. Ron DeSantis
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SKY News
June 17, 2020 - 7:38 am
Florida Gov. Ron DeSantis has no intention of reclosing Florida’s economy as the state’s daily reported coronavirus cases rose sharply to a record level. DeSantis said Tuesday that many of the newly detected are young and healthy and unlikely to suffer serious illness or death. DeSantis said much...
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An electronic stock board showing Japan's Nikkei 225 index at a securities firm is seen at a street in Tokyo Wednesday, June 17, 2020. Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. (AP Photo/Eugene Hoshiko)
SKY News
June 16, 2020 - 11:29 pm
BEIJING (AP) — Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul retreated. On Wall Street, the benchmark S&P 500 index rose for a third day, gaining 1...
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Retail stores begin reopening after coronavirus shutdowns.
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SKY News
June 16, 2020 - 8:58 am
U.S. retail sales jumped 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months. The Commerce Department’s report Tuesday showed that retail sales have retraced some of...
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ULora/iStock
SKY News
June 16, 2020 - 6:28 am
By ERIN SCHUMAKER, ABC News (MIAMI) -- Miami, which is among Florida's most populous cities, will not move into the next phase of reopening because of concerns about rising COVID-19 cases, Mayor Francis Suarez announced during a Monday news conference. Although the majority of Florida is in Phase 2...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 15, 2020. Asian shares were mostly lower Monday on concern over a resurgence of coronavirus cases and pessimism after Wall Street posted its worst week in nearly three months. (AP Photo/Eugene Hoshiko)
June 15, 2020 - 11:38 am
NEW YORK (AP) — Stocks are falling again Monday on fears that new waves of coronavirus infections could derail the swift economic recovery that Wall Street was sure was on the way. The S&P 500 was down 0.9% in midday trading, though it pared its loss through the morning after being down 2.5%...
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President Donald Trump rally
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SKY News
June 15, 2020 - 5:23 am
MONTCLAIR, N.J. (AP) — Presidential politics move fast. What we’re watching heading into a new week on the 2020 campaign: Days to next set of primaries (New York and Kentucky): 8 Days to general election: 141 ___ THE NARRATIVE President Donald Trump makes his official return to the campaign trail...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 15, 2020. Asian shares were mostly lower Monday on concern over a resurgence of coronavirus cases and pessimism after Wall Street posted its worst week in nearly three months. (AP Photo/Eugene Hoshiko)
June 14, 2020 - 11:51 pm
TOKYO (AP) — Shares were mostly lower in Asia on Monday on concern over a resurgence of coronavirus cases and pessimism after Wall Street posted its worst week in nearly three months. Benchmarks in Tokyo, Sydney and Shanghai fell after China reported an outbreak of new infections in Beijing and...
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New York Stock Exchange
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SKY News
June 12, 2020 - 9:40 am
Stocks are opening higher on Wall Street a day after major indexes fell more than 5% for their biggest drops since mid-March. The S&P 500 rose 2.6% in the first few minutes of trading Friday, but is still on track for a weekly loss following three weeks of solid gains. Small-company stocks and...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index and New York Dow index at a securities firm in Tokyo Friday, June 12, 2020. Asian shares were moderately lower Friday after an overnight rout on Wall Street as investors were spooked by reports of rising coronavirus cases in the U.S. (AP Photo/Eugene Hoshiko)
June 11, 2020 - 11:18 pm
Asian shares were moderately lower Friday after an overnight rout on Wall Street as investors were spooked by reports of rising coronavirus cases in the U.S. Fear that a so-called “second wave,” is already coming has punctured bubbling optimism that a quick economic recovery was already underway...
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NYSE traders
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SKY News
June 11, 2020 - 5:43 pm
Stocks fell sharply Thursday on Wall Street as coronavirus cases in the U.S. increased again, deflating recent optimism that the economy could recover quickly from its worst crisis in decades and raising doubts about whether the market's scorching comeback can last. The Dow Jones Industrial Average...
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