economy

Treasury Secretary Steve Mnuchin, second from left, speaks with members of the media as he departs a meeting with Senate Republicans on an economic lifeline for Americans affected by the coronavirus outbreak. (AP Photo/Patrick Semansky)
(AP Photo/Patrick Semansky)
AP News
March 17, 2020 - 10:25 am
By LISA MASCARO and ZEKE MILLER Associated Press Eds: UPDATES: This adds details of White House proposal, timing. WASHINGTON (AP) — The White House is proposing a roughly $850 billion emergency economic rescue package Tuesday for businesses and taxpayers amid the coronavirus crisis, a sweeping...
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Joy Reid
Getty Images
Jeff Katz
March 12, 2020 - 4:34 pm
Joy Reid tried to mock President Trump over his attempt to help small businesses and got roasted by Melissa Francis. Check it out below!
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Traders gather at a post on the floor of the New York Stock Exchange, Wednesday, March 4, 2020. Stocks are surging in early trading on Wall Street, led by health care stocks after Joe Biden scored a number of Super Tuesday wins.
AP Photo/Richard Drew
AP News
March 04, 2020 - 5:22 pm
Markets Hopeful Despite Virus Fears
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Traders work on the floor of the New York Stock Exchange Thursday, Feb. 27, 2020. (AP Photo/Craig Ruttle)
(AP Photo/Craig Ruttle)
AP News
February 27, 2020 - 4:47 pm
By STAN CHOE and ALEX VEIGA AP Business Writers Eds: UPDATES: Adding photos. The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy. Bond prices soared again,...
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James Denaro monitors stock prices at the New York Stock Exchange, Wednesday, Feb. 26, 2020. (AP Photo/Mark Lennihan)
(AP Photo/Mark Lennihan)
AP News
February 26, 2020 - 4:22 pm
By ALEX VEIGA AP Business Writer Stocks gave up early gains and ended lower, extending their losses for the week. Worries about economic fallout from the virus outbreak that originated in China has fueled a sharp sell-off that wiped out the market's gains for the year. Energy stocks sank along with...
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FILE - In this Feb. 12, 2020, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Capitol Hill in Washington. (AP Photo/Susan Walsh, File)
(AP Photo/Susan Walsh, File)
AP News
February 19, 2020 - 3:46 pm
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their benchmark interest rate at its current low...
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Getty Images North America
AP News
February 14, 2020 - 12:19 pm
RICHMOND, Va. (AP) — Virginia Gov. Ralph Northam is telling lawmakers that a stronger than expected economy means they will have an extra $180 million to spend when crafting a state budget. Northam said in a letter to lawmakers Friday that new revenue estimates for fiscal year 2020 shows an...
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FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange.  (AP Photo/Richard Drew, File)
(AP Photo/Richard Drew, File)
AP News
February 13, 2020 - 11:35 am
By STAN CHOE, AP Business Writer NEW YORK (AP) — How's your 401(k) doing? President Donald Trump likes to ask that question around the country, sometimes throwing out big gains like 90% or 95%. The average 401(k) did indeed hit a record last year, although its growth was considerably less than that...
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FILE - In this Jan. 29, 2020 file photo Federal Reserve Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington. (AP Photo/Manuel Balce Ceneta, File)
(AP Photo/Manuel Balce Ceneta, File)
AP News
February 11, 2020 - 11:20 am
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the U.S. economy appears durable with steady growth and unemployment near a half-century low but faces risks from the broadening viral outbreak that began in China. Giving the Fed’s semiannual...
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FILE - In this July 1, 2019, file photo, a help wanted sign appears on a bus stop in front of a McDonald's restaurant in Miami. (AP Photo/Wilfredo Lee, File)
(AP Photo/Wilfredo Lee, File)
AP News
February 11, 2020 - 11:14 am
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. businesses sharply cut the number of open jobs in December for the second straight month, an unusual sign of weakness in an otherwise healthy job market. The number of available positions dropped 5.4% to 6.4 million, a historically...
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