World Business & Finance

Business & Finance News from across the world.

Fed announces $2.3 trillion in additional lending

WASHINGTON (AP) — The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support American households and businesses,...

US unemployment claims likely to be shockingly high again

WASHINGTON (AP) — The U.S. government is set to report another shocking level of unemployment claims Thursday even after nearly 10 million people applied...

Virus casts a dark cloud over once-thriving home market

BOSTON (AP) — When Rebeka McBride and her husband put their home in Washington state on the market in early March, the coronavirus outbreak...

Hurry up and wait? Why relief to small businesses has lagged

NEW YORK (AP) — Speed is of the essence if a federal relief program for small businesses is going to be effective in combating...

Rural Indiana virus worry: ‘What more could I have done?’

GREENSBURG, Ind. (AP) — The coronavirus pandemic surged into Sean Durbin’s farm-speckled Indiana county much faster than most other parts of rural America, contributing...

Mexico loses almost 350,000 jobs because of coronavirus

MEXICO CITY (AP) — Mexico’s Labor Department said Wednesday the country has lost 346,748 jobs since mid-March due to the economic impact of the...

At emergency March meetings Fed pledged to use full arsenal

WASHINGTON (AP) — Federal Reserve officials pledged at two emergency meetings last month to use their full arsenal to bolster the U.S. economy being...

AP FACT CHECK: Trump skews truth on lending aid, virus risk

WASHINGTON (AP) — President Donald Trump offered a rosy portrait of a smoothly running federal emergency lending program for small businesses that doesn't match...

Trump-Biden election off-limits for US bettors (so far)

ATLANTIC CITY, N.J. (AP) — Double down on Donald, or bet big on Biden? Plenty of Americans would like the chance to place a...

Virus outbreak delivers tech darlings a harsh reality check

Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get...

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