Financial crisis

FILE - This combination of photos shows logos for social media platforms Facebook and Twitter. Facebook and Twitter moved quickly this week to limit the spread of a disputed tabloid story promising new twists in the saga of Joe Biden’s relationship with Ukraine. President Donald Trump's campaign quickly seized on the story in the New York Post — but the report raised more questions than answers, including about the authenticity of an email at the center of the story. Wednesday morning Oct. 14, 2020, hours after the story's publication, a Facebook spokesman tweeted that the company was limiting its distribution on the platform.(AP Photo/File)
October 29, 2020 - 2:19 pm
Five technology giants reported mixed earnings results Thursday, a sign of varying fortunes as they try to rebound from an pandemic-related economic slowdown earlier this year. While all five — Amazon, Google parent Alphabet, Facebook, Apple and Twitter — exceeded analyst expectations, gloomy...
Read More
FILE - In this Sept. 11, 2020 file photo, European Central Bank (ECB) President Christine Lagarde attends a news conference during the Informal Meeting of Economics and Finance Ministers in Berlin, Germany. The European Central Bank held off from strengthening its stimulus programs despite growing concern that a renewed surge in COVID-19 cases could stall the economy’s recovery from the deep downturn early this year. The bank on Thursday, Oct. 29, made no change to its 1.35 trillion ($1.58 trillion) pandemic emergency bond purchase program, which pumps newly created money into the economy to keep credit flowing to businesses and promote economic activity. Hannibal Hanschke/Pool Photo via AP, File)
October 29, 2020 - 9:32 am
FRANKFURT, Germany (AP) — The European Central Bank held off from strengthening its current economic stimulus but its President Christine Lagarde said there was “little doubt” that more action would be coming at its December meeting as surging coronavirus infections and new restrictions on activity...
Read More
FILE - In this May 19, 2018 file photo, Venezuela's President Nicolas Maduro, right, and Vice President Tareck El Aissami tour La Rinconada baseball stadium that is under construction on the outskirts of Caracas, Venezuela. Maduro tasked El Aissami, who later became Venezuela's Oil Minister, with restructuring their nation's oil giant PDVSA in February 2020. (AP Photo/Ricardo Mazalan, File)
October 28, 2020 - 3:07 pm
CARACAS, Venezuela (AP) — Venezuelan President Nicolás Maduro said Wednesday that a large oil refinery suffered a “terrorist attack” as his government struggles to provide domestic fuel to the nation amid a historic political and economic crisis. Maduro spoke at a nationally televised news...
Read More
Democratic presidential candidate former Vice President Joe Biden leaves after speaking at Mountain Top Inn & Resort, Tuesday, Oct. 27, 2020, in Warm Springs, Ga. (AP Photo/Andrew Harnik)
October 27, 2020 - 7:04 pm
WARM SPRINGS, Ga. (AP) — Joe Biden traveled Tuesday to the hot springs town where Franklin Delano Roosevelt coped with polio to declare the U.S. is not too politically diseased to overcome its health and economic crises, pledging to be the unifying force who can "restore our soul and save this...
Read More
In this Sept. 25, 2020 photo, President Donald Trump does a little dance after speaking at a campaign rally in Newport News, Va. Trump, a man who is famously particular about his appearance, is fully embracing doing a dad dance to the Village People's “YMCA” as the finale to his rallies in the campaign's closing stretch. (AP Photo/Steve Helber)
October 21, 2020 - 11:05 am
TUCSON, Ariz. (AP) — He adjusts his coat. He gazes out at the crowd. And then he goes for it. President Donald Trump, a man who is famously particular about his appearance, is fully embracing doing a dad dance to the Village People's “YMCA” as the finale to his rallies in the campaign's closing...
Read More
October 19, 2020 - 2:13 am
FRANKFURT, Germany (AP) — The head of the European Central Bank says the economic recovery from the coronavirus pandemic “risks losing momentum” due to a second wave of infections and that more stimulus could be added if necessary. “The second wave of the pandemic in Europe, notably in France, and...
Read More
FILE - In this Sept. 1, 2020 file photo, Treasury Secretary Steven Mnuchin testifies before the House Select Subcommittee on the Coronavirus Crisis, during a hybrid hearing on Capitol Hill in Washington. The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring. The Trump administration reported Friday, Oct. 16, that the deficit for the budget year that ended on Sept. 30 was three times the size of last year's deficit of $984 billion. (Graeme Jennings/Pool via AP, File)
October 16, 2020 - 11:44 am
WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring. The Trump administration reported Friday that the deficit for the budget year that...
Read More
FILE — In this Thursday, June 20, 2019 file photo, South African President Cyril Ramaphosa delivers his State of the Nation Address in parliament in Cape Town, South Africa. Ramaphosa announced Thursday, Oct. 15, 2020 that his government will be extending relief measures to the country's poor who have been hurt by the economic downturn caused by COVID-19. (Rodger Bosch/Pool Photo via AP, FILE)
October 15, 2020 - 9:31 am
JOHANNESBURG (AP) — South African President Cyril Ramaphosa announced Thursday that his government will extend relief grants to 6 million of the country’s unemployed who have been hurt by the economic downturn caused by the COVID-19 outbreak. Ramaphosa, delivering an economic recovery plan to...
Read More
FILE - In this Wednesday, Sept. 2, 2020, file photo, passers-by walk past a business storefront with store closing and sale signs in Dedham, Mass. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked up modestly. The Labor Department said Tuesday, Oct. 6, 2020, that the number of U.S. job postings on the last day of August dipped to 6.49 million, down from 6.70 million July. (AP Photo/Steven Senne, File)
Associated Press
October 15, 2020 - 5:44 am
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago. Thursday’s report from the Labor Department...
Read More
Lebanese soldiers stand guard as U.N. peacekeeping vehicles enter the headquarters of the U.N. peacekeeping force in the southern Lebanese border town of Naqoura, Lebanon, Wednesday, Oct. 14, 2020. Lebanon and Israel are to begin Wednesday indirect talks over the disputed maritime border between the two countries in the presence of American officials who are mediating between the Middle Eastern nations. (AP Photo/Bilal Hussein)
October 13, 2020 - 11:23 pm
NAQOURA, Lebanon (AP) — Lebanon and Israel are to begin indirect talks Wednesday over their disputed maritime border, with American officials mediating the talks that both sides insist are purely technical and not a sign of any normalization of ties. The U.S. has been mediating the issue for about...
Read More

Pages