Economic policy

In this Saturday, March 21, 2020 photo, a food delivery scooter passes Barbar Restaurant that now offers food for delivery only, after most of the shops and restaurants closed as part of the preventive measures against the coronavirus, in Beirut, Lebanon. Through 15 years of civil war and various bouts of violence since, Lebanon's Barbar eatery never closed its doors, forging ahead through difficult times while continuously serving up sandwiches to customers -- even if it meant doing so from behind sandbags during the conflict. (AP Photo/Bilal Hussein)
March 26, 2020 - 2:05 am
BEIRUT (AP) — Through 15 years of civil war and various bouts of violence since, Lebanon's Barbar eatery never closed its doors, serving up sandwiches to customers even if it meant doing so from behind sandbags. The coronavirus pandemic, however, has managed to do what various wars could not: Close...
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In this image provided by Jonathan Corpina, Jonathan Corpina, Senior Managing Partner at Meridian Equity Partners Inc., who normally works on the New York Stock Exchange trading floor, works in his home office in Armonk, NY., Wednesday, March 25, 2020. Stocks are wobbling in tentative trading Wednesday as a historic, worldwide rally downshifts dramatically after just a day. (Danielle Corpina/Courtesy Jonathan Corpina via AP)
March 26, 2020 - 12:29 am
BEIJING (AP) — Asian stocks were mixed Thursday after Wall Street gained as U.S. lawmakers wrangled over a proposed $2 trillion virus aid package. Market benchmarks in Tokyo and Shanghai declined. Australia and Southeast Asian markets gained. Jakarta jumped 10%. New York futures were lower, with...
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In this image from video provided by the Biden for President campaign, Democratic presidential candidate former Vice President Joe Biden speaks during a virtual press briefing Wednesday, March 25, 2020. (Biden for President via AP)
March 25, 2020 - 11:27 pm
WASHINGTON (AP) — Democratic presidential candidate Joe Biden said Wednesday that the congressional aid package addressing the coronavirus outbreak “goes a long way,” but he said it requires “meticulous oversight” and isn't all-encompassing. “We’re going to need to make sure the money gets out...
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Patients wear personal protective equipment while maintaining social distancing as they wait in line for a COVID-19 test at Elmhurst Hospital Center, Wednesday, March 25, 2020, in New York. Gov. Andrew Cuomo sounded his most dire warning yet about the coronavirus pandemic Tuesday, saying the infection rate in New York is accelerating and the state could be as close as two weeks away from a crisis that sees 40,000 people in intensive care. Such a surge would overwhelm hospitals, which now have just 3,000 intensive care unit beds statewide. (AP Photo/John Minchillo)
March 25, 2020 - 11:14 pm
NEW YORK (AP) — New York authorities mobilized to head off a potential public health disaster in the city Wednesday, with its emergence as the nation's biggest coronavirus hot spot a warning flare — and perhaps a cautionary tale — for the rest of the country as U.S. deaths from the pandemic topped...
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Two persons walk through a tunnel between the plenary hall and an office building of the German parliament Bundestag in Berlin, Germany, Wednesday, March 25, 2020. The parliament meet for a session to vote about new package of measures to cushion the devastating effects of the virus outbreak on the economy. In order to slow down the spread of the coronavirus, the German government has considerably restricted public life and asked the citizens to stay at home. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Markus Schreiber)
AP News
March 25, 2020 - 9:23 pm
President Trump was urging passage of an unprecedented aid package as Senate leaders grappled with last-minute snags in the emergency legislation to rush aid totaling some $2 trillion in assistance to businesses, workers and a health care system slammed by the coronavirus pandemic. New York...
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Unidentified Los Angeles residents are admistered with a test for COVID-19 while in their vehicles inside the Crenshaw Christian Center in South Los Angeles Wednesday, March 25, 2020. With California virus cases surging, Gov. Gavin Newsom said his stay-at-home order for 40 million Californians may stay in place into May. (AP Photo/Damian Dovarganes)
March 25, 2020 - 9:02 pm
SACRAMENTO, Calif. (AP) — Five of the nation's largest banks have agreed to temporarily suspend residential mortgage payments for people affected by the coronavirus, California Gov. Gavin Newsom said Wednesday. The announcement came as Newsom provided yet another grim statistic about the economic...
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Senate Majority Leader Mitch McConnell of Ky. gives a thumbs up as he leaves the Senate chamber on Capitol Hill in Washington, Wednesday, March 25, 2020, where a deal has been reached on a coronavirus bill. The 2 trillion dollar stimulus bill is expected to be voted on in the Senate Wednesday. (AP Photo/Andrew Harnik)
March 25, 2020 - 5:59 pm
The White House and Senate leaders agreed early Wednesday on a $2 trillion economic rescue package, the largest in the country's history. The bill comes in response to the viral pandemic that has shut down businesses and crippled economies around the globe. The bill would give direct payments to...
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Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, speaks with reporters as he walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill in Washington, Tuesday, March 24, 2020. (AP Photo/Patrick Semansky)
March 25, 2020 - 2:27 am
WASHINGTON (AP) — The White House and Senate leaders of both parties announced agreement early Wednesday on unprecedented emergency legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently needed pandemic response measure is...
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A man wearing a mask waits with other people at a bus stop in London, Tuesday, March 24, 2020. Britain's Prime Minister Boris Johnson on Monday imposed its most draconian peacetime restrictions due to the spread of the coronavirus on businesses and public gatherings. The highly contagious COVID-19 coronavirus can cause mild symptoms, but for some it can cause severe illness including pneumonia.(AP Photo/Frank Augstein)
March 24, 2020 - 3:05 pm
The Latest on the coronavirus pandemic, which has infected more than 400,000 people and killed over 18,000. The COVID-19 illness causes mild or moderate symptoms in most people, but severe symptoms are more likely in the elderly or those with existing health problems. More than 103,000 people have...
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FILE - In this Monday, March 16, 2020, file photo, pedestrian traffic is light along Wall Street in Lower Manhattan in New York. The banking system is not as risk of failing as banks have plenty of capital on hand to handle this crisis due to the new coronavirus, economists say. (AP Photo/Craig Ruttle, File)
March 24, 2020 - 2:44 pm
NEW YORK (AP) — Tarred as villains during the 2008 financial meltdown, banks of all sizes are trying to help out Americans reeling from the economic crisis caused by the coronavirus outbreak. Banks are scrambling to put into place loan forgiveness and relief programs, working to keep their...
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