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Brian Miller who is nominated to be Department of the Treasury Special Inspector General for Pandemic, testifies before a hearing of Senate Banking, Housing, and Urban Affairs Committee on Capitol Hill in Washington, Tuesday, May 5, 2020. (Alex Wong/Pool via AP)
May 05, 2020 - 6:20 pm
WASHINGTON (AP) — President Donald Trump’s choice to oversee a significant chunk of the $2 trillion economic rescue law pledged Tuesday to conduct audits and investigations "with fairness and impartiality.'' Brian Miller, a lawyer in the White House counsel’s office, told the Senate Banking...
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McCormick Cafe manager Charli Perry, left, looks over an order with server Jane Goodridge as the restaurant reopened Monday, May 4, 2020 in Billings, Mont. The state is slowly opening up its economy as some other states extend shutdowns prompted by the coronavirus. (AP Photo/Matthew Brown)
May 05, 2020 - 11:38 am
WASHINGTON (AP) — The U.S. service sector shrank for the first time in a decade last month as the pandemic forced shutdowns and layoffs nationwide. The Institute for Supply Management said Tuesday that its service-sector index fell to 41.8 in April, compared with a March reading of 52.5. Any...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, April 29, 2020. Asian stock markets gained Wednesday after France and Spain joined governments that plan to ease anti-virus controls and allow businesses to reopen. (AP Photo/Ahn Young-joon)
April 29, 2020 - 4:49 pm
Stocks around the world whipped higher Wednesday, riding a wave of optimism on encouraging data about a possible treatment for COVID-19. The upswell of hope was so strong that investors completely sidestepped a report showing the outbreak drove the U.S. economy to its worst quarterly performance...
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FILE - In this Jan. 29, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference in Washington. The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to suport American households and businesses as well as local governments as they deal with the coronavirus. The Fed said Thursday, April 9, among the actions it is taking is the activation of a Main Street Lending Program that was authorized by the $2.3 trillion economic relief bill pass by Congress last month.(AP Photo/Manuel Balce Ceneta, File)
April 27, 2020 - 6:19 pm
WASHINGTON (AP) — The Federal Reserve has largely calmed turbulent financial markets. Yet a far tougher task remains: Helping rescue an economy and job market that appear to be free-falling into the worst catastrophe since the Great Depression. Fed policymakers will meet Tuesday and Wednesday...
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FILE - In this June 24, 2019, file photo, Chicago Bulls executive vice president of basketball operations John Paxson responds to a question about the team's two draft picks during a news conference in Chicago. The Bulls hired Denver Nuggets general manager Arturas Karnisovas to run their basketball operation, a person familiar with the situation said Thursday night, April 9, 2020. The person, who confirmed reports by several outlets, spoke on the condition of anonymity because the move has not been announced. Paxson was expected to move into an advisory role. (AP Photo/Charles Rex Arbogast, File)
April 10, 2020 - 1:11 am
CHICAGO (AP) — The Chicago Bulls came into the season thinking they were poised to contend for a playoff spot. The plan did not unfold the way they envisioned, and now, they have a new leader in the front office. The Bulls hired Denver Nuggets general manager Arturas Karnisovas to run their...
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A currency trader watches computer monitors near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, April 9, 2020. Asian shares are mixed, with Tokyo lower, as an overnight rally on Wall Street faded.(AP Photo/Lee Jin-man)
April 09, 2020 - 12:00 am
BANGKOK (AP) — Shares were mixed in Asia on Thursday after a 3.4% gain on Wall Street overnight as investors chose a positive focus for data about the coronavirus outbreak’s trajectory. Japan’s Nikkei 225 index lost 0.4% after the central bank governor said the economy faces “extremely high”...
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Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
March 13, 2020 - 7:33 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
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Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
March 13, 2020 - 6:20 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
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Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
March 13, 2020 - 5:49 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
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Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
March 13, 2020 - 5:22 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
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