President’s power to can independent agency heads faces test
WASHINGTON (AP) — The Supreme Court is about to tell President Donald Trump whether he has more power to use a favorite ...
Fed Chair Powell pledges to use tools to support economy
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing ...
Empty streets, economic turmoil as virus alters daily life
TOKYO (AP) — The coronavirus claimed its first victim in the U.S. Saturday as the number of cases shot up in Iran, Italy...
US consumer spending slowed in January while incomes jumped
WASHINGTON (AP) — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy w...
Market corrections: scary but also, in some cases, necessary
NEW YORK (AP) — After six days of being pounded by a virus-induced, global sell-off, U.S. markets hit a milestone this w...
Markets slide, auto show canceled as virus impact spreads
LONDON (AP) — Stock markets are heading for their worst week since 2008, Europe’s top auto show has been canceled and co...
Global stocks fall again on fear of virus impact on economy
Global stock markets plunged further Friday on spreading fears over the impact of the new coronavirus, with some indexes...
Asia stocks tumble on virus fears after Wall Street plunge
Asian stock markets plunged further Friday on spreading virus fears, deepening an global rout after Wall Street endured ...
China manufacturing plunges in February amid virus controls
BEIJING (AP) — China’s manufacturing plunged in February by an even wider margin than expected after efforts to contain ...
The Latest: Warren says she got results post-financial crash
CHARLESTON, S.C. (AP) — The Latest on the 2020 Democratic presidential primary contest (all times local):10 p.m.Elizabet...
US mortgage rates decline; 30-year loan at 3.45%
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China’...
Asian shares slump after Trump announcement on virus plans
Shares fell in Asia on Thursday after President Donald Trump announced the U.S. was stepping up its efforts to combat th...
Cause of Los Angeles-area refinery fire under investigation
CARSON, Calif. (AP) — The cause of an explosion and fire at a Southern California refinery was under investigation Wedne...
An increasingly isolated Iran tries to control virus crisis
DUBAI, United Arab Emirates (AP) — Iran girded Wednesday for a long battle against the coronavirus that is spreading rap...
Virus outbreak stalks markets as 2020 gains get wiped out
LONDON (AP) — Global shares fell sharply once again Wednesday as fears over the speed of the new coronavirus around the ...
Asian shares slide on fears virus will stunt global economy
TOKYO (AP) — Asian shares slid Wednesday following another sharp fall on Wall Street as fears spread that the growing vi...
Virus outbreak keeps global markets in check
LONDON (AP) — Share prices around the world, particularly in Japan, took a hit Tuesday amid mounting fears about the eco...
Dow drops over 1,000 as outbreak threatens global economy
The Dow Jones Industrial Average slumped more than 1,000 points Monday in the worst day for the stock market in two year...
Fed’s Mester says rate cut unnecessary to offset virus risks
WASHINGTON (AP) — A Federal Reserve official said Monday that she does not see a need to cut interest rates yet, even as...
Disinfecting wipes, conference calls: Wall Street winners
NEW YORK (AP) — Stay indoors and stay clean. That’s what Wall Street is betting people around the world will do given al...
World markets slip on renewed fears over virus outbreak
BEIJING (AP) — Global stock markets slipped on Friday after a spike in new virus cases in South Korea and other countrie...
Morgan Stanley to buy E-Trade for $13 billion
NEW YORK (AP) — Investment bank Morgan Stanley announced it would buy the online brokerage E-Trade for roughly $13 billi...
Asian stocks mixed after Wall Street rises to record
TOKYO (AP) — Shares were mixed Thursday in Asia after Wall Street recovered to record highs, but worries persist about d...
Steyer cites ‘racist’ Bloomberg tactics in Super Tuesday ad
COLUMBIA, S.C. (AP) — In a billionaire-to-billionaire media matchup, Tom Steyer is taking on Mike Bloomberg in a multimi...
Asian shares mostly rise despite continuing virus fears
TOKYO (AP) — Asian shares mostly rose Wednesday, despite overnight losses on Wall Street and continuing fears about an o...
China virus outbreak chilling recovery for Asian economies
BANGKOK — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recess...
Shares take hit as virus outbreak slams profits, events
BANGKOK — Shares slipped in Europe and Asia on Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would ...
Bloomberg takes veiled swipe at rival’s aggressive loyalists
CARSON CITY, Nev. — With the Nevada caucuses less than a week away, Democratic presidential candidates campaigning were fixated on a rival who wasn't ...
Asian markets mixed: Japan skids; China helped by rate cut
BANGKOK — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annu...
Japanese economy sinks amid fears about virus impact
TOKYO — The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending.