Economy

Florida Gov. Ron DeSantis gives updates about the state's response to the coronavirus pandemic during a press conference in Fort Lauderdale, Florida.
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SKY News
April 22, 2020 - 7:00 am
Florida Gov. Ron DeSantis says the state should look at risk factors as it starts to reopen for business, and not just what's essential. The Republican governor made his remarks to a task force that met by phone Tuesday to discuss how to reopen the state. The governor wants recommendations for the...
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Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Tuesday, April 21, 2020, in Washington. (AP Photo/Alex Brandon)
April 21, 2020 - 10:05 pm
WASHINGTON (AP) — President Donald Trump announced what he described as a “temporary suspension of immigration into the United States” on Tuesday. But the executive order would bar only those seeking permanent residency, not temporary workers. Trump said he would be placing a 60-day pause on the...
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Treasury Secretary Steven Mnuchin speaks as U.S. President Donald Trump looks on during the daily coronavirus task force briefing at the White House on April 21, 2020 in Washington, DC.
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SKY News
April 21, 2020 - 6:29 pm
WASHINGTON (AP) — A $483 billion coronavirus aid package flew through the Senate on Tuesday after Congress and the White House reached a deal to replenish a small-business payroll fund and provided new money for hospitals and testing. Passage was swift and unanimous, despite opposition from...
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A man wearing a mask against the spread of the new coronavirus looks at an electronic stock board showing world stock indexes at a securities firm in Tokyo Tuesday, April 21, 2020. Asian shares skidded on Tuesday after U.S. oil futures plunged below zero as storage for crude runs close to full amid a worldwide glut as demand collapses due to the pandemic. (AP Photo/Eugene Hoshiko)
SKY News
April 21, 2020 - 2:37 pm
NEW YORK (AP) — Oil’s chaotic collapse deepened, and stocks around the world dropped on Tuesday as the economic carnage caused by the coronavirus pandemic turns markets upside down. The price of oil has plummeted because very few people are flying or driving, and factories have shut amid widespread...
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FILE - In this Friday, April 17, 2020 file photo, Hillborough County Library service worker Stephen Duran passes out reemployment forms to a motorist at the Jimmie B. Keel Regional Library in Tampa, Fla. Federal data shows that Florida has processed its hundreds of thousands of new unemployment claims more slowly than any other state. (AP Photo/Chris O'Meara, File)
SKY News
April 20, 2020 - 9:30 pm
TALLAHASSEE, Fla. (AP) — As unemployment surged during the early weeks of the coronavirus outbreak in the U.S., Florida ranked at or near the bottom of all states in its speed of processing those claims, federal data shows. The state is already among the most inhospitable places to be unemployed,...
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People wearing face masks walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, April 20, 2020. Shares were mixed in Asia on Monday, while oil prices have fallen back. (AP Photo/Vincent Yu)
SKY News
April 20, 2020 - 2:03 pm
NEW YORK (AP) — Stocks are slipping in afternoon trading on Wall Street, as the price of oil cratered to historic lows Monday, cheaper than bottled water. The S&P 500 was down 0.8%, as of 1:30 p.m. Eastern time, after wavering between sharper and milder losses. But the market’s most dramatic...
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FILE - In this April 13, 2020, file photo President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room at the White House in Washington. The Trump administration and Congress are nearing an agreement as early as Sunday, April 19, on a $400-plus billion aid package to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. (AP Photo/Alex Brandon, File)
SKY News
April 20, 2020 - 12:14 am
WASHINGTON (AP) — The Trump administration and Congress expect an agreement Monday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. As talks continued, President Donald Trump said there’s a “...
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President Donald Trump listens during a briefing about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 16, 2020, in Washington. (AP Photo/Alex Brandon)
SKY News
April 17, 2020 - 12:23 am
WASHINGTON (AP) — President Donald Trump has given governors a road map for recovering from the economic pain of the coronavirus pandemic, laying out “a phased and deliberate approach” to restoring normal activity in places that have strong testing and are seeing a decrease in COVID-19 cases. “We’...
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President Donald Trump listens during a briefing about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 16, 2020, in Washington. (AP Photo/Alex Brandon)
SKY News
April 16, 2020 - 8:18 pm
WASHINGTON (AP) — President Donald Trump gave governors a road map Thursday for recovering from the economic pain of the coronavirus pandemic, laying out “a phased and deliberate approach” to restoring normal activity in places that have strong testing and are seeing a decrease in COVID-19 cases. “...
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FILE - In this April 13, 2020 file photo, provided by the Michigan Office of the Governor, Michigan Gov. Gretchen Whitmer addresses the state during a speech in Lansing, Mich. Seven Midwestern governors announced Thursday, April 16, 2020 that they will coordinate on reopening their state economies amid the coronavirus pandemic, after similar pacts were made in the Northeast and on the West Coast. The latest agreement includes Illinois, Ohio, Michigan, Indiana, Wisconsin, Minnesota and Kentucky.(Michigan Office of the Governor via AP, Pool)
SKY News
April 16, 2020 - 5:27 pm
LANSING, Mich. (AP) — Seven Midwestern governors announced Thursday that they will coordinate on reopening their state economies amid the coronavirus pandemic, after similar pacts were made in the Northeast and on the West Coast. The latest agreement includes Illinois, Ohio, Michigan, Indiana,...
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