Economy

In this Wednesday, May 20, 2020, photo, Chinese police stand guard in front of Tiananmen Gate in Beijing. This year's version of China's biggest political meeting of the year will be unlike any other. Delayed from March because of the then-spiraling coronavirus outbreak, the decision to go ahead with the gathering signals a partial return to normalcy in the country where the pandemic first broke out. "Partial" being the operative word: The congress will be far from normal. (AP Photo/Mark Schiefelbein)
May 21, 2020 - 6:29 am
WASHINGTON (AP) — Beyond its hard-hitting rhetoric against China over its handling of the coronavirus, the White House has issued a broad-scale attack on Beijing's predatory economic policies, military buildup, disinformation campaigns and human rights violations. The 20-page report does not signal...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 20, 2020. Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. (AP Photo/Ahn Young-joon)
SKY News
May 19, 2020 - 11:50 pm
TOKYO (AP) — Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. Japan's benchmark Nikkei 225 rose nearly 0.9% in morning trading to 20,606.92 on expectations that a state of...
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Employees of the Federal State Center for Special Risk Rescue Operations of Russia Emergency Situations disinfect a platform of Leningradsky railway station in Moscow, Russia, Tuesday, May 19, 2020. Russia has continued to see a steady rise of new infections, and new hot spots have emerged across the vast country of 147-million people that ranks the second in the world behind the United States in the number of coronavirus cases. (AP Photo/Pavel Golovkin)
SKY News
May 19, 2020 - 8:04 am
MOSCOW (AP) — New coronavirus cases have been spiking from India to South Africa to Mexico in a clear indication that the pandemic is far from over, while Russia and Brazil now sit behind only the United States in the number of reported infections. The surges come as much of Asia, Europe and scores...
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Treasury Secretary Steven Mnuchin speaks during a meeting with restaurant industry executives about the coronavirus response, in the State Dining Room of the White House, Monday, May 18, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
May 19, 2020 - 3:01 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin will likely come under tough questioning from senators Tuesday about a small business lending program included in the government's $2 trillion relief package. Lawmakers from both parties have criticized the Payroll Protection Program, which...
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A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index Tuesday, May 19, 2020. Asian shares rose Tuesday on optimism about a potential vaccine for the coronavirus after hopes for a U.S. economic recovery in the second half of the year sent Wall Street into a rebound. (AP Photo/Vincent Yu)
SKY News
May 19, 2020 - 12:09 am
TOKYO (AP) — Asian shares rose Tuesday on optimism about a potential vaccine for the coronavirus after hopes for a U.S. economic recovery in the second half of the year sent Wall Street into a rebound. Japan's benchmark Nikkei 225 added 1.9% in morning trading to 20,517.42. Australia's S&P/ASX...
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President Donald Trump speaks during a meeting with restaurant industry executives about the coronavirus response, in the State Dining Room of the White House, Monday, May 18, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
May 18, 2020 - 5:47 pm
WASHINGTON (AP) — Restaurant owners gave President Donald Trump a sobering accounting Monday of the widespread damage the coronavirus pandemic has dealt their industry and asked him to adjust a loan program for small businesses to address their concerns. The president put a hopeful spin on the...
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Vice President Mike Pence
Getty Images
SKY News
May 18, 2020 - 7:46 am
Vice President Mike Pence is scheduled to visit a nursing home in Orlando and deliver personal protective equipment. In a news release sent Saturday, his office said he will visit the central Florida city on Wednesday. After the nursing home visit, Pence is scheduled to participate in a discussion...
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May 18, 2020 - 2:38 am
MIAMI (AP) — Tropical Storm Arthur crawled closer to the North Carolina coast early Monday, amid threats of some minor flooding and rough seas as the system moves off the Southeast seaboard. Arthur formed Saturday in waters off Florida, marking the sixth straight year that a named storm has...
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FILE - In this March 25, 2020, file photo a member of the U.S. Army walks down the hall toward a monitor displaying COVID-19 safety information in Fort Meade, Md. As of last week, the Army had already exceeded its retention goal of 50,000 soldiers for the fiscal year ending in September, re-enlisting more than 52,000 so far. (AP Photo/Carolyn Kaster, File)
SKY News
May 18, 2020 - 12:14 am
WASHINGTON (AP) — Army Sgt. Antonio Gozikowski was planning to leave the military next month and head to college. After serving for six years, the dental assistant's goal was to become a dentist, and then return to the Army in a few years with his expanded medical skills. But now, with the...
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House Speaker Nancy Pelosi of Calif., smiles during a news conference on Capitol Hill, Thursday, May 14, 2020, in Washington. (AP Photo/Andrew Harnik)
SKY News
May 15, 2020 - 9:27 pm
WASHINGTON (AP) — Democrats powered a massive $3 trillion coronavirus relief bill through the House on Friday, an election-year measure designed to brace a U.S. economy in free fall and a health care system struggling to contain a pandemic still pummeling the country. The 208-199 vote, over strong...
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