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Senate Majority Leader Mitch McConnell of Ky., right, speaks with a reporter outside the Senate chamber on Capitol Hill in Washington, Thursday, April 9, 2020. Senate Democrats on Thursday stalled President Donald Trump's request for $250 billion to supplement a "paycheck protection" program for businesses crippled by the coronavirus outbreak, demanding protections for minority-owned businesses and money for health care providers and state and local governments. (AP Photo/Patrick Semansky)
April 09, 2020 - 4:54 pm
WASHINGTON (AP) — The Senate twisted itself into knots Thursday over President Donald Trump’s new coronavirus aid request, as Democrats refused to rubber stamp his proposal for $250 billion more to boost small businesses, demanding modifications along with an additional $250 billion for health care...
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FILE - In this Dec. 3, 2012, file photo, Chinese real estate mogul Ren Zhiqiang poses for a photo in his office in Beijing. Ren, a prominent Communist party member who criticized Chinese leader Xi Jinping’s handling of the coronavirus outbreak is being investigated on suspicion of a “severe violation of discipline and law,” a joint government-party watchdog said. (Color China Photo via AP, File)
April 08, 2020 - 12:11 am
BEIJING (AP) — A prominent Communist party member who criticized Chinese leader Xi Jinping’s handling of the coronavirus outbreak is being investigated on suspicion of a “severe violation of discipline and law,” a joint government-party watchdog said. Ren Zhiqiang is a former head of state-run real...
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FILE - In this March 25, 2020, file photo, Senate Majority Leader Mitch McConnell, R-Ky. gives a thumbs up as he leaves the Senate chamber on Capitol Hill in Washington, where a deal has been reached on a coronavirus bill. Democrat Amy McGrath's campaign released a TV ad Friday, April 3, 2020, lambasting the Kentucky Republican for “taking a victory lap against the coronavirus." (AP Photo/Andrew Harnik)
April 07, 2020 - 7:36 pm
WASHINGTON (AP) — As Congress races to craft the next coronavirus rescue package, President Donald Trump's sudden request Tuesday to pump $250 billion more into a just-launched small businesses payroll program sets up a new showdown over aid. Treasury Secretary Steven Mnuchin said more money is...
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In this April 6, 2020 photo, a sign at The Anthem music venue reads "We'll Get Thru This" at the wharf which is almost completely empty because of the coronavirus outbreak in Washington. The coronavirus pandemic has gut-punched global markets, put 6.6 million Americans out of work and raised the strong likelihood of a recession. But in the Washington lobbying world, business is booming. (AP Photo/Andrew Harnik)
April 07, 2020 - 3:03 pm
WASHINGTON (AP) — The coronavirus pandemic has gut-punched global markets, put 6.6 million Americans out of work and raised the strong likelihood of a recession. But in the Washington lobbying world, business is booming. Companies, interest groups and entire industries are seeking help from...
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FILE - In this Feb. 6, 2020, file photo, Speaker of the House Nancy Pelosi, D-Calif., talks during a news conference at the Capitol in Washington. President Donald Trump and Pelosi have not spoken in five months at a time when the nation is battling its worst health crisis in a century. (AP Photo/J. Scott Applewhite, File)
April 06, 2020 - 11:59 pm
WASHINGTON (AP) — Congressional leaders are jolting ahead with another coronavirus rescue package as President Donald Trump indicated Monday that Americans will need more aid during the stark pandemic and economic shutdown. House Speaker Nancy Pelosi said another $1 trillion is needed, beyond the...
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FILE - In this April 3, 2020, file photo, the seats and aisles are empty as seen through the window of the closed Penndot Drivers License Center in Butler, Pa. Small business owners hoping for quick loans from the government were in a holding pattern Monday, April 6, 2020, waiting on their bank to either take their application or, if it did, send them the money. (AP Photo/Keith Srakocic, File)
April 06, 2020 - 9:07 pm
NEW YORK (AP) — Small business owners hoping for quick loans from the government were in a holding pattern Monday — waiting on their bank to either take their application or, if it did, send them the money. Business owners began submitting applications to banks, credit unions and other financial...
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FILE - In this April 4, 2020, file photo, pedestrians pass closed stores on Roosevelt Avenue in the Queens borough of New York. The coronavirus crisis is upending service businesses, and the crisis may permanently change the way Americans work, shop and socialize, even after the disease fades away. (AP Photo/Frank Franklin II, File)
April 06, 2020 - 7:27 pm
WASHINGTON (AP) — For years, personal trainer Amanda Tikalsky didn’t have to worry much about her job. The U.S. economy’s record-breaking 11-year expansion offered security to service workers like her. Then came the coronavirus, which closed the Milwaukee athletic club where she worked for 15 years...
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FILE - In this Nov. 13, 2019, file photo Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington. On Wednesday, Jan. 29, 2020, the Federal Reserve issues a statement and economic projections, followed by a news conference with Fed Chair Jerome Powell. (AP Photo/Jose Luis Magana, File)
April 06, 2020 - 5:22 pm
WASHINGTON (AP) — The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday. The Fed said that it will buy loans that banks make to small businesses as part of the program, which is being carried out by banks and the...
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A pedestrian walks by The Family Barbershop, closed due to a Gov. Gretchen Whitmer executive order, in Grosse Pointe Woods, Mich., Thursday, April 2, 2020. The coronavirus COVID-19 outbreak has triggered a stunning collapse in the U.S. workforce with millions of people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world. (AP Photo/Paul Sancya)
WBEN Newsroom
April 03, 2020 - 4:50 pm
WASHINGTON (AP) — A grim snapshot of the U.S. job market's sudden collapse emerged Friday with a report that employers shed hundreds of thousands of jobs last month because of the viral outbreak that's brought the economy to a near-standstill. The loss of 701,000 jobs, reported by the Labor...
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FILE - In this March 23, 2020, file photo, a worker walks through the athletes village for the Tokyo 2020 Olympics, in Tokyo. Tokyo’s governor is considering the possibility of using the unfinished Olympic Athletes Village as a temporary hospital for coronavirus infected patients. The massive village on Tokyo Bay could house up to 18,000 people during the Olympics. (AP Photo/Jae C. Hong, File)
April 03, 2020 - 5:59 am
TOKYO (AP) — The under-construction Athletes Village for the Tokyo Olympics could be used as a temporary hospital for coronavirus patients. Tokyo Governor Yuriko Koike has been talking about the possibility of occupying the massive development on Tokyo Bay, which is to house up to 11,000 Olympic...
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