PROVIDENCE, R.I. (AP) — President Donald Trump wants the country open for business by mid-April, but some experts warn it’s not as easy as flipping a switch: Economies run on confidence, and that is likely to be in short supply for as long as coronavirus cases in the United States are still rising. Trump this […]

NEW YORK (AP) – The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Wednesday related to the global economy, particular economic sectors, and the workplace: HOUSING: Economists have been waiting […]

WASHINGTON (AP) — President Donald Trump put it bluntly: “WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF.” Trump, who tweeted his declaration overnight, is caught in the middle as tensions are rising between those who argue the country needs to get back up and running to prevent a deep depression, and medical […]

NEW YORK (AP) – Marriott International Inc. said that it will furlough thousands of corporate employees at its U.S. headquarters and globally. The decision, first reported by The Wall Street Journal Sunday, adds to massive recent payroll reductions that began last week. The world’s largest hotel company, like many of its peers, is trying to […]

DETROIT (AP) — Factories that crank out cars and trucks looking into making much-needed ventilators. Distilleries intended for whiskey and rum to instead turn out hand sanitizers and disinfectants. And an electronics maker that builds display screens repurposed for surgical masks. All are answering the call of duty amid a pandemic that has so far […]

MARSEILLE, France (AP) — Amid the rapid spread of the new coronavirus across Europe, the hallmark Marseille tradition of soap-making is enjoying a renaissance, as the French rediscover an essential local product. Serge Bruna’s grandfather entered the then-booming business in the southern port city more than a century ago. His father followed suit, although the […]

NEW YORK (AP) — The coronavirus delivered a pair of gut punches to Theodore Peck, owner of a coffee shop and bakery in Brooklyn. When his 8-year-old son came down with symptoms that prompted their doctor to test for COVID-19, they were quarantined together until the results came back negative. But while he was confined […]

WASHINGTON (AP) — The first federal checks to families could be $3,000 for a family of four under the White House proposal to unleash $1 trillion to shore up households and the U.S. economy amid the coronavirus outbreak. Treasury Secretary Steven Mnuchin said Thursday that the “checks in the mail” would be direct deposited into […]

JEFFERSON CITY, Mo. (AP) — In Ohio, more than 48,000 people applied for jobless benefits during the first two days of this week. The tally during the same period the prior week: just 1,825. In neighboring Pennsylvania, about 70,000 people sought unemployment aid in a single day — six times the total for the entire […]

WASHINGTON (AP) — Badly strained ties between the United States and China are deteriorating further with the two sides hurling harsh accusations and bitter name-calling over responsibility for the spread of the novel coronavirus. The global pandemic is just one in a series of irritants that has rocked the relationship between Washington and Beijing since […]