Financial markets

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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
U.S. Capitol
Getty Images
SKY News
April 23, 2020 - 6:14 pm
WASHINGTON (AP) — Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs. The measure passed almost unanimously,...
Read More
A man wearing a mask against the spread of the new coronavirus walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, April 23, 2020. Asian shares rose moderately Thursday following a rally on Wall Street and even oil prices recovering from their recent plunge to zero. (AP Photo/Eugene Hoshiko)
SKY News
April 23, 2020 - 4:10 pm
NEW YORK (AP) — The stock market ended another turbulent day more or less where it started after an early rally got washed away. The S&P 500 ended with a tiny loss Thursday, having given up an early gain of 1.6%. The market’s latest bumpy ride shows how fragile hope among investors is that...
Read More
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...
Read More
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,...
Read More
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...
Read More

Pages