Financial crisis

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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President Donald Trump speaks as he signs the Paycheck Protection Program Flexibility Act during a news conference in the Rose Garden of the White House, Friday, June 5, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
June 05, 2020 - 9:47 pm
WASHINGTON (AP) — President Donald Trump effectively claimed victory over the economic crisis and COVID-19 on Friday as well as major progress against racial inequality, heartily embracing a better-than-expected jobs report in hopes of convincing a discouraged nation he deserves another four years...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, June 5, 2020. Asian markets are mostly lower after Wall Street rally takes a breather, as investors parse unemployment data. (AP Photo/Eugene Hoshiko)
SKY News
June 05, 2020 - 4:24 pm
For weeks, critics said Wall Street’s big rally made no sense when the economy seemed set for only more despair. On Friday, it got a bit of validation. The S&P 500 jumped another 2.6% after a report said the U.S. job market surprisingly strengthened last month, bolstering hopes that the worst...
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A woman walks into a closing Gordmans store, Thursday, May 28, 2020, in St. Charles, Mo. Stage Stores, which owns Gordmans, is closing all its stores and has filed for Chapter 11 bankruptcy. (AP Photo/Jeff Roberson)
SKY News
May 29, 2020 - 10:03 am
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession. Last month's spending decline was far worse than the revised 6.9% drop in March, which itself had...
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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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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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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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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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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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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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