Economy

Democratic presidential candidate, former Vice President Joe Biden, speaks Tuesday, June 30, 2020, in Wilmington, Del. (AP Photo/Patrick Semansky)
June 30, 2020 - 5:26 pm
WILMINGTON, Del. (AP) — Joe Biden took aggressive aim Tuesday at President Donald Trump’s fitness for the Oval Office, suggesting he has abdicated his duty to protect U.S. troops facing Russian threats abroad and American citizens facing a pandemic and economic calamity at home. Biden, the...
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American flags are reflected in a protective shield as Treasury Secretary Steven Mnuchin testifies during a House Financial Services Committee hearing on the coronavirus response on Capitol Hill in Washington, Tuesday, June 30, 2020. (Tasos Katopodis/Pool via AP)
June 30, 2020 - 3:19 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin told Congress on Tuesday that the administration wants the next round of economic aid to focus supporting businesses like restaurants that have been hardest hit by the coronavirus crisis. Mnuchin said he is already talking to lawmakers about...
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House Speaker Nancy Pelosi of Calif., speaks at a news conference on Capitol Hill in Washington, Friday, June 26, 2020. (AP Photo/Carolyn Kaster)
June 30, 2020 - 2:48 pm
WASHINGTON (AP) — House Democrats on Tuesday unveiled a plan to address climate change that would set a goal of net-zero greenhouse gas emissions by 2050, while pushing renewable energy such as wind and solar power and addressing environmental injustice that harms low-income and minority...
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Dr. Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases, testifies before a Senate Health, Education, Labor and Pensions Committee hearing on Capitol Hill in Washington, Tuesday, June 30, 2020. (Kevin Dietsch/Pool via AP)
June 30, 2020 - 2:40 pm
WASHINGTON — Dr. Anthony Fauci said coronavirus cases could grow to 100,000 a day in the U.S. if Americans don’t start following public health recommendations. The nation’s leading infectious disease expert made the remark at a Senate hearing on reopening schools and workplaces. Asked to forecast...
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In this June 2, 2020 photo, journalist Ruhollah Zam speaks during his trial at the Revolutionary Court, in Tehran, Iran. Iran. The judiciary spokesman, Gholamhossein Esmaili, announced Tuesday, June 30, 2020 that Zam, a journalist whose online work helped inspire the 2017 economic protests and who returned from exile to Tehran was sentenced to death. The Persian writing on the podium reads, "defendant's place." (Ali Shirband/Mizan News Agency via AP)
June 30, 2020 - 1:47 pm
TEHRAN, Iran (AP) — Iran sentenced a once-exiled journalist to death over his online work that helped inspire nationwide economic protests that began at the end of 2017, authorities said Tuesday. Ruhollah Zam's website and a channel he created on the popular messaging app Telegram had spread the...
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June 30, 2020 - 10:34 am
WASHINGTON (AP) — U.S. consumer confidence rose in June, reflecting the partial re-opening of the country but the concern is that rising coronavirus cases in many states could jeopardize future gains. The Conference Board, a New York-based research organization, said that its Consumer Confidence...
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June 30, 2020 - 9:52 am
WASHINGTON (AP) — U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April compared with a year earlier, the largest gain...
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June 30, 2020 - 9:39 am
LONDON (AP) — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic. With the virus outbreak hurting the long-term prospects of the global economy, the company said it continues “to...
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European Union foreign policy chief Josep Borrell waits for the start of a meeting, Supporting the future of Syria and the Region, in videoconference format at the European Council building in Brussels, Tuesday, June 30, 2020. (AP Photo/Virginia Mayo, Pool)
June 30, 2020 - 8:18 am
BRUSSELS (AP) — Economic chaos, soaring food prices and the coronavirus pandemic are plunging Syria deeper into crisis as the country's civil war grinds into its 10th year, European Union and United Nations officials said Tuesday at an online conference to raise funds to help Syrians who fled their...
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German Chancellor Angela Merkel addresses the media during a press conference in Berlin, Germany, Friday, June 19, 2020 after video meeting with the members of the European Council. (Kay Nietfeld/DPA via AP, Pool)
June 30, 2020 - 6:14 am
BERLIN (AP) — Germany, the European Union’s biggest economic power, is taking over the rotating presidency of the 27-nation bloc amid massive challenges and huge expectations as the continent grapples with the fallout from the coronavirus pandemic. Berlin's six months in the EU hot seat will likely...
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