Economy

FILE - In this April 9, 2020, file photo Senate Majority Leader Mitch McConnell of Ky., walks to the Senate chamber on Capitol Hill in Washington. The Senate is set to resume Monday, May 4. (AP Photo/Patrick Semansky, File)
SKY News
May 04, 2020 - 1:08 am
WASHINGTON (AP) — The Senate will gavel in Monday as the coronavirus rages, returning to an uncertain agenda and deepening national debate over how best to confront the deadly pandemic and its economic devastation. With the House staying away due to the health risks, and the 100 senators convening...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 1, 2020. Shares have dropped in Asia after Wall Street ended its best month in 33 years with losses on fresh news of economic carnage from the coronavirus pandemic. (AP Photo/Eugene Hoshiko)
May 01, 2020 - 2:10 pm
Stocks are falling in afternoon trading on Wall Street Friday after Amazon and other big companies laid out how the coronavirus pandemic is hitting their bottom lines. A day after closing out its best month since 1987, the S&P 500 was down 2.9% and on track for its second straight weekly loss...
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Workers manufacture face masks at a workshop in Bogota, Colombia, Wednesday, April 29, 2020. Oscar Henao a taxi driver by profession and his partner Adan Fajardo, owner of the small packaging workshop, created the plastic protection mask model they called the "mask of life,” to protect people from the coronavirus pandemic. (AP Photo/Fernando Vergara)
SKY News
April 29, 2020 - 10:53 pm
Scientists on Wednesday announced the first effective treatment against the coronavirus — an experimental drug that can speed the recovery of COVID-19 patients — in a major medical advance that came as the economic gloom caused by the scourge deepened in the U.S. and Europe. The U.S. government...
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President Donald Trump listens during a meeting about the coronavirus with Gov. John Bel Edwards, D-La., in the Oval Office of the White House, Wednesday, April 29, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
April 29, 2020 - 6:43 pm
WASHINGTON (AP) — President Donald Trump said Wednesday the federal government will not be extending its coronavirus social distancing guidelines once they expire Thursday, and his son-in-law and adviser, Jared Kushner, predicted that by July the country will be “really rocking again.” Meanwhile,...
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Florida Gov. Ron DeSantis outlines steps to reopen the state's economies April 29, 2020.
The Florida Channel
SKY News
April 29, 2020 - 6:42 am
Florida’s restaurants and retail stores will be allowed to reopen Monday at 25% capacity, if the local government allows it, Gov. Ron DeSantis announced Wednesday, as the state begins the slow climb from the economic abyss caused by the coronavirus. The governor specifically excluded hard-hit,...
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FILE - In this April 27, 2020, file photo, pedestrians and motorists wear personal protective equipment as they pass a small grocery that is one of the few businesses open on the street in New York. As some governors across the United States begin to ease restrictions imposed to stop the spread of the coronavirus, hopes are soaring that life as we knew it might be returning. But the plans emerging in many states indicate that “normal” is still a long way off. (AP Photo/John Minchillo, File)
SKY News
April 28, 2020 - 3:06 am
NEW YORK (AP) — Everyone wants to know: When, oh when, will it go back to normal? As some governors across the United States begin to ease restrictions imposed to stop the spread of the coronavirus, hopes are soaring that life as Americans knew it might be returning. But plans emerging in many...
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FILE - In this April 17, 2020, file photo President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. After two months of frantic response to the coronavirus pandemic, the White House is planning to shift President Trump’s public focus to the burgeoning efforts aimed at easing the economic devastation. (AP Photo/Alex Brandon, File)
SKY News
April 26, 2020 - 8:21 pm
WASHINGTON (AP) — After two months of frantic response to the coronavirus, the White House is planning to shift President Donald Trump’s public focus to the burgeoning efforts aimed at easing the economic devastation caused by the pandemic. Days after he publicly mused that scientists should...
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Barber and owner of Chris Edwards, left, wears a mask and cuts the hair of customer at Peachtree Battle Barber Shop in Atlanta on Friday, April 24, 2020. The first phase of Georgia Gov. Brian Kemp's plan to reopen Georgia during the coronavirus pandemic included haircut shops and gyms, though not all chose to open their doors. (John Spink/Atlanta Journal-Constitution via AP)
SKY News
April 24, 2020 - 8:59 pm
SAVANNAH, Ga. (AP) — Even as the confirmed U.S. death toll from the coronavirus soared past 50,000, Georgia, Oklahoma and Alaska began loosening lockdown orders Friday on their pandemic-wounded businesses, despite warnings from health experts that the gradual steps toward normalcy might be...
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Shannon Stafford styles the hair of Ebony Housey at her salon on Friday, April 24, 2020, in Savannah, Ga. Gov. Brian Kemp announced this week the resumption of elective medical procedures, as well as the reopening of certain close-contact businesses like gyms, barbershops and tattoo parlors. (AP Photo/Russ Bynum)
SKY News
April 24, 2020 - 3:50 pm
SAVANNAH, Ga. (AP) — Four customers clutching masks were waiting outside David Huynh’s nail salon as he opened his Georgia business for the first time in four weeks Friday. Nearby, the lights were still off in clothing and jewelry stores closed because of the coronavirus pandemic, and many...
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President Donald Trump pauses while speaking about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 23, 2020, in Washington. (AP Photo/Alex Brandon)
SKY News
April 24, 2020 - 8:40 am
WASHINGTON (AP) — President Donald Trump will hold a signing ceremony Friday for a bill providing a nearly $500 billion infusion of coronavirus spending, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and 1 in 6 U...
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