Economy

Newly named Prime Minister Jean Castex, center right, and outgoing French Prime Minister Edouard Philippe speak after the handover ceremony in Paris, Friday, July 3, 2020. French President Emmanuel Macron on Friday named Jean Castex, who coordinated France's virus reopening strategy, as the country's new prime minister as the country focuses on reviving an economy hard-hit by the pandemic and months of strict lockdown. (Thomas Samson, Pool via AP)
July 06, 2020 - 5:42 pm
PARIS (AP) — French President Emmanuel Macron ousted his top security official Monday following protests over police brutality, as part of a government shakeup aimed at focusing on France’s post-pandemic economic recovery for the remaining two years of Macron’s term. The man named as France's new...
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FILE - In this file photo dated Thursday, May 7, 2020, Britain's Foreign Secretary Dominic Raab arrives at 10 Downing Street, in London. Raab on Monday July 6, 2020, announced targeted economic sanctions against individuals and organizations from Russia, Saudi Arabia, Myanmar and North Korea under new U.K. powers to punish human-rights offenders.(AP Photo/Alberto Pezzali, FILE)
July 06, 2020 - 1:53 pm
LONDON (AP) — Britain on Monday announced economic sanctions against individuals and organizations from Russia, Saudi Arabia, Myanmar and North Korea under new U.K. powers to punish human rights offenders. Foreign Secretary Dominic Raab said the sanctions targeted those behind “some of the...
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FILE - In this Thursday, April 2, 2020 file photo, bagel shop manager Samantha Maddocks runs then lone shop still open in one walkway in the Pike Place Market in Seattle. Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the coronavirus. (AP Photo/Elaine Thompson, File)
July 06, 2020 - 10:40 am
WASHINGTON (AP) — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country. The Institute for Supply Management said Monday that its service sector index rose to 57.1 in June, up...
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July 06, 2020 - 7:28 am
FRANKFURT, Germany (AP) — Shares in Germany's struggling Commerzbank rose more than 8% on Monday in the wake of the resignation of the bank's CEO and board chairman under pressure over the bank's sagging profits and stock price. CEO Martin Zielke and board chair Stefan Schmittmann submitted their...
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FILE - In this Tuesday, April 7, 2020 file photo, U.S. citizens queue to check in and be repatriated aboard an evacuation flight arranged by the U.S. embassy and chartered with Delta Air Lines, at the Murtala Mohammed International Airport in Lagos, Nigeria. African nations face a difficult choice as infections are rapidly rising: Welcome the international flights that originally brought COVID-19 to the ill-prepared continent, or further hurt their economies. (AP Photo/Sunday Alamba, File)
WBEN Newsroom
July 06, 2020 - 7:12 am
JOHANNESBURG (AP) — As COVID-19 cases surged in many parts of the world, the island nation of the Seychelles was looking good: 70-plus straight days without a single infection. Then the planes arrived. Two chartered Air Seychelles flights carrying more than 200 passengers also brought the...
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President Donald Trump speaks during a "Salute to America" event on the South Lawn of the White House, Saturday, July 4, 2020, in Washington. (AP Photo/Patrick Semansky)
WBEN Newsroom
July 06, 2020 - 5:34 am
Presidential politics move fast. What we’re watching heading into a new week on the 2020 campaign: Days to next set of primaries (New Jersey and Delaware): 1 Days to general election: 120 ___ THE NARRATIVE We're moving into the heart of summer, but if you're expecting the traditional summertime...
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Musicians from the Lebanese Philharmonic Orchestra perform during a concert in the ancient northeastern city of Baalbek, Lebanon, Sunday, July 5, 2020. Dubbed "an act of cultural resilience," the concert aims to send a message of unity and hope to the world amid the coronavirus pandemic and an unprecedented economic and financial crisis in Lebanon. For the first time since the Baalbek International Festival was launched in 1956, this year's concert is being held without an audience, in line with strict COVID-19 guidelines. Instead, it is being broadcast live on local and regional TV stations and live-streamed on social media platforms. (AP Photo/Bilal Hussein)
July 05, 2020 - 10:32 pm
BAALBEK, Lebanon (AP) — Lebanon on Sunday hosted its annual music festival in the ancient northeastern city of Baalbek without an audience for the first time, a move organizers dubbed “an act of cultural resilience” to the coronavirus pandemic as well as the country's unprecedented economic...
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Instacart worker Saori Okawa loads groceries into her car for home delivery on Wednesday, July 1, 2020, in San Leandro, Calif. Okawa is one of an estimated 1.5 million so-called gig workers who make a living driving people to airports, picking out produce at grocery stores or providing childcare for working parents. But with the pandemic pummeling the global economy and U.S. unemployment reaching heights not seen since the Great Depression, gig workers are clamoring for jobs that often pay less while facing stiff competition from a crush of newly unemployed workers also attempting to patch together a livelihood until the economy recovers. (AP Photo/Ben Margot)
July 05, 2020 - 12:34 pm
NEW YORK (AP) — There were the two-hour, unpaid waits outside supermarkets when San Francisco first started to lock down, on top of the heavy shopping bags that had to be lugged up countless flights of stairs. And yet even after signing up for several apps, 39-year-old Saori Okawa still wasn't...
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FILE - In this Jan. 23, 2020, file photo, Secretary of State Mike Pompeo, left, and Florida Gov. Ron DeSantis pose for a photo before participating in a roundtable discussion with Venezuelan exiles, in Miami. While President Donald Trump deals with his high-profile political difficulties in his high-profile ways, his Cabinet heads are fanning out to battleground states in November's presidential vote, trying to assure essential support blocs on all that the Trump administration is doing for them. (AP Photo/Wilfredo Lee, File)
July 05, 2020 - 8:35 am
TALLAHASSEE, Fla. (AP) — U.S. Agriculture Secretary Sonny Perdue tromped through a strawberry festival in central Florida, detailing the government's new trade pact. Secretary of State Mike Pompeo talked about foreign policy at a roundtable in south Florida. Environmental Protection Agency...
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Kayakers race in front of the Burj Khalifa, the world's tallest building, off the coast of Dubai, United Arab Emirates, Friday, June 19, 2020. Dubai has begun allowing organized sports competitions to take place after locking down over the coronavirus pandemic and the COVID-19 illness it causes. Competitions held Friday at the Dubai Offshore Sailing Club were among the first events to be held. (AP Photo/Jon Gambrell)
July 05, 2020 - 7:59 am
DUBAI, United Arab Emirates (AP) — The United Arab Emirates announced a wide-ranging government shakeup on Sunday aimed at creating a more flexible and modern bureaucracy to tackle challenges as the coronavirus and lower oil prices erode what was already sluggish economic growth. The UAE prime...
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