Financial crisis

President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Monday, April 6, 2020, in Washington. (AP Photo/Alex Brandon)
April 07, 2020 - 2:42 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Japan preparing Tokyo hotel for patients with...
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Soldiers carry boxes with food to deliver to the poor at the Santa Rosita neighborhood on the outskirts of Guatemala City, Monday, April 6, 2020, during a stay-at-home curfew designed to slow the spread of the new coronavirus. (AP Photo/Moises Castillo)
April 07, 2020 - 1:45 am
UNITED NATIONS (AP) — Many former global leaders and other VIPs urged the world’s 20 major industrialized nations to approve $8 billion in emergency funding to speed the search for a vaccine, cure and treatment for COVID-19 and prevent a second wave of the coronavirus pandemic. In an open letter to...
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A normally student filled campus square at Millsaps College in Jackson, Miss., is deserted in face of the coronavirus, as the liberal arts school, like many others, faces financial and enrollment challenges Friday, April 3, 2020. At present, the school has switched to on-line teaching. Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered a series of financial losses (AP Photo/Rogelio V. Solis)
April 07, 2020 - 12:30 am
Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered financial losses that could total more than $100 million at some institutions. Scores of colleges say they’re taking heavy hits as they...
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An NYPD traffic officer wearing personal protective equipment directs vehicles at a barricade after the city closed down a section of Bushwick Avenue due to COVID-19 concerns, Friday, March 27, 2020, in the Brooklyn borough of New York. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/John Minchillo)
April 06, 2020 - 11:51 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — G20 leaders urged to approve $8 billion in funding...
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A food delivery rider passes by a banner reading ' Stronger together, all together we will make it ', in Milan, Italy, Sunday, April 5, 2020. The government is demanding Italians stay home and not take the leveling off of new coronavirus infections as a sign the emergency is over, following evidence that more and more Italians are relaxing restrictions the west’s first and most extreme nationwide lockdown and production shutdown. (Claudio Furlan/LaPresse via AP)
April 06, 2020 - 12:55 pm
FRANKFURT, Germany (AP) — The virus outbreak is exposing cracks in the foundation of Europe's 21-year-old shared currency and festering animosities among its members, even as governments struggle to come up with a unified response where success or failure could mark the continent's politics for...
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In this Thursday, April 2, 2020 photo, an oil rig lights up the horizon on the outskirts of Midland, Texas after a late sunset. (Odessa American/Eli Hartman)
April 06, 2020 - 12:06 am
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In New Mexico, an oil truck driver who supports his family just went a week without pay. And in Alaska, lawmakers have had to dip into the state's savings as oil revenue dries up. The...
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In this photo made on, April 2, 2020, nurse anesthetist Jessica Poole checks for updates on the coronavirus pandemic in her home office in Greensburg, Pa. Poole, until a couple weeks ago, worked for a private anesthesia practice that serves the Pittsburgh area until she was laid off. She is one of the tens of thousands of medical workers across the United States suddenly out of work as operating rooms and doctor's offices go dark, casualties of urgent calls to prioritize coronavirus patients at overwhelmed hospitals and of the economic waves the crisis is churning. (AP Photo/Keith Srakocic)
April 04, 2020 - 12:15 pm
HARRISBURG, Pa. (AP) — Tens of thousands of medical workers across the United States are suddenly out of work as operating rooms and doctor's offices go dark, casualties of urgent calls to prioritize coronavirus patients at overwhelmed hospitals and of the economic waves the crisis is churning...
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In this March 27, 2020 photo, Kim Simeon and children Annabel, 9, and Brennan, 11, pose for a photo with Nala, a dog they are fostering, in Omaha, Neb. The Simeon family was headed home to Omaha from a much-needed Smoky Mountains vacation when Kim Simeon spotted a social media post from the Nebraska Humane Society, pleading with people to consider fostering a pet. (AP Photo/Nati Harnik)
April 04, 2020 - 9:13 am
OMAHA, Neb. (AP) — The Simeon family was heading home to Omaha from a Smoky Mountains vacation when Kim Simeon spotted a social media post from the Nebraska Humane Society, pleading with people to consider fostering a pet amid concerns about how the coronavirus would affect operations. A day later...
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House Minority Leader Kevin McCarthy of Calif., President Donald Trump, and Chevron CEO Mike Wirth listen during a meeting with energy sector business leaders in the Cabinet Room of the White House, Friday, April 3, 2020, in Washington. (AP Photo/Evan Vucci)
April 03, 2020 - 7:08 pm
WASHINGTON (AP) — President Donald Trump offered assurances of better times and coronavirus tests to oil CEOs at a White House summit Friday, but no firm proposals for easing the industry's way as the coronavirus pandemic and plunging petroleum prices threaten America's yearslong fracking boom...
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President Donald Trump speaks before he signs the coronavirus stimulus relief package in the Oval Office at the White House, Friday, March 27, 2020, in Washington, as Senate Majority Leader Mitch McConnell, R-Ky., and House Minority Leader Kevin McCarthy of Calif., listen. (AP Photo/Evan Vucci)
April 03, 2020 - 6:02 pm
WASHINGTON (AP) — In a shift, the top leaders in Congress made it clear Friday there will be another coronavirus rescue package amid the stark need for federal resources to fight the pandemic and economic crisis. Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi, after days of...
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