Economy

Democratic presidential candidate U.S. Sen. Bernie Sanders, I-Vt., speaks during a campaign rally at the University of Michigan in Ann Arbor, Mich., Sunday, March 8, 2020. (AP Photo/Paul Sancya)
Associated Press
March 09, 2020 - 9:48 pm
DETROIT (AP) — Bernie Sanders proved his 2016 presidential bid was serious with an upset victory in Michigan powered by his opposition to free trade and appeal among working-class voters. Four years later, the same state could either revive the Vermont senator's campaign or relegate him to the role...
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President Donald Trump gestures for Vice President Mike Pence to speaks in the briefing room of the White House in Washington, Monday, March 9, 2020, about the coronavirus outbreak. (AP Photo/Patrick Semansky)
Associated Press
March 09, 2020 - 8:25 pm
WASHINGTON (AP) — President Donald Trump said Monday his administration will ask Congress to pass payroll tax relief and other quick measures as a public health and economic maelstrom brought on by the coronavirus drew closer to him personally. Intending to calm the fears of financial markets over...
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People wait at a bus stop, in Rome, Monday, March 9, 2020. Italy announced a sweeping quarantine early Sunday for its northern regions, igniting travel chaos as it restricted the movements of a quarter of its population in a bid to halt the new coronavirus' relentless march across Europe. (Roberto Monaldo/LaPresse via AP)
Associated Press
March 09, 2020 - 8:00 pm
ROME (AP) — The Latest on the coronavirus epidemic sweeping the globe (all times local): 2 a.m. China recorded another new low in its coronavirus outbreak Tuesday. Just 19 new cases of the new virus were recorded over the previous 24 hours, the lowest update since China began reporting national...
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President Donald Trump listens in the briefing room of the White House in Washington, Monday, March, 9, 2020, as Vice President Mike Pence speaks about the coronavirus outbreak. (AP Photo/Carolyn Kaster)
Associated Press
March 09, 2020 - 7:20 pm
NEW YORK (AP) — One of President Donald Trump's first impulses in response to the outbreak of the coronavirus in China was to suggest it was a buying opportunity in the U.S. stock market. Even as the global peril of the virus has escalated, Trump has leaned hard on his decades of experience as a...
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An Emirati trader reacts to the latest news at the Dubai Financial Market in Dubai, United Arab Emirates, Monday, March 9, 2020. Saudi Arabia closed off air and sea travel to nine countries affected by the new coronavirus Monday as Mideast stock markets tumbled over fears about the widening outbreak's effect on the global economy. (AP Photo/Kamran Jebreili)
Associated Press
March 09, 2020 - 5:53 am
DUBAI, United Arab Emirates (AP) — Iran says the new coronavirus has killed another 43 people, pushing death toll to 237 amid 7,161 confirmed cases. The Health Ministry announced the new figure at a news conference Monday. There are over 7,640 confirmed cases of the virus across the wider Mideast...
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A firefighter disinfects a traditional shopping center to help prevent the spread of the new coronavirus in northern Tehran, Iran, Friday, March, 6, 2020. A Health Ministry spokesman warned authorities could use unspecified “force” to halt travel between major cities. (AP Photo/Ebrahim Noroozi)
Associated Press
March 06, 2020 - 7:54 pm
PARIS (AP) — Crossing more borders, the new coronavirus hit a milestone, infecting more than 100,000 people worldwide as it wove itself deeper into the daily lives of millions, infecting the powerful, the unprotected poor and vast masses in between. The virus, which has killed more than 3,400...
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This Feb. 18, 2020, photo shows a real estate sign in front of a home for sale in San Francisco. On Thursday, Feb. 27, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Jeff Chiu)
Associated Press
March 05, 2020 - 1:26 pm
The average rate on a 30-year fixed mortgage has hit a record low of 3.29%, driven down by investors shifting money into the safety of U.S. Treasurys as the coronavirus outbreak has deepened. This new average, down sharply from last week's 3.45%, is the lowest for a 30-year fixed mortgage since...
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Trader Peter Mancuso prepares for the day's trading, on the floor of the New York Stock Exchange, Thursday, March 5, 2020. (AP Photo/Richard Drew)
Associated Press
March 05, 2020 - 1:10 pm
NEW YORK (AP) — Fear dominated financial markets again on Thursday, and stocks fell sharply on worries about the fast-spreading virus outbreak. It's the latest shudder in Wall Street's wildest week in more than eight years. Major indexes lost more than 3% in afternoon trading, and Treasury yields...
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Medical staff wearing protective suits check documents as they wait for people with suspected symptoms of the new coronavirus, at a testing facility in Seoul, South Korea, Wednesday, March 4, 2020. The coronavirus epidemic shifted increasingly westward toward the Middle East, Europe and the United States on Tuesday, with governments taking emergency steps to ease shortages of masks and other supplies for front-line doctors and nurses. (AP Photo/Ahn Young-joon)
Associated Press
March 04, 2020 - 6:22 pm
BANGKOK (AP) — The Latest on the virus outbreak (all times local): 7:15 a.m. California Gov. Gavin Newsom has declared a statewide emergency after the state's first fatality from the new coronavirus. Newsom announced the measure at a news conference Wednesday, saying it was intended to help procure...
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Traders gather at a post on the floor of the New York Stock Exchange, Wednesday, March 4, 2020. Stocks are surging in early trading on Wall Street, led by health care stocks after Joe Biden scored a number of Super Tuesday wins. (AP Photo/Richard Drew)
Associated Press
March 04, 2020 - 3:50 pm
The Dow Jones Industrial Average soared more than 1,100 points, or 4.5%, Wednesday as governments and central banks around the globe took more aggressive measures to fight the virus outbreak and its effects on the economy. The gains more than recouped the market's big losses from a day ealier as...
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