Economic policy

Students line up in the cafeteria for lunch at Lincoln High School in Dallas, Friday, March 13, 2020. During the coming extended spring break school closures, this cafeteria and a few others in the Dallas Independent School District will be providing lunches to students despite the closure of the school. (AP Photo/LM Otero)
March 14, 2020 - 1:04 am
ELK GROVE, Calif. (AP) — Kiyana Esco needs free school lunches and breakfasts to feed her six children. But with schools shutting down over coronavirus concerns, she’s scrambling to pick up the meals, care for her kids and keep her job. Esco, a single mother who was just promoted to manager at a...
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Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
AP News
March 13, 2020 - 7:33 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
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A broker watches his screens at the stock market in Frankfurt, Germany, Friday, March 13, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Michael Probst)
March 13, 2020 - 2:19 pm
WASHINGTON (AP) — The Federal Reserve and the European Central Bank have taken large steps this week to try to calm financial markets and restore some degree of confidence. So far, it hasn't quite worked. The central banks are facing a crisis only partly responsive to the medicine they can provide...
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Shoppers wait in a line stretching outside of a Trader Joe's supermarket, Thursday, March 12, 2020, in the Brooklyn borough of New York. Mayor Bill de Blasio said Thursday he will announce new restrictions on gatherings to halt the spread of the new coronavirus in the coming days, but he hopes to avoid closing all public events such as Broadway shows. The vast majority of people recover from the new coronavirus. According to the World Health Organization, most people recover in about two to six weeks, depending on the severity of the illness. (AP Photo/John Minchillo)
March 12, 2020 - 11:14 pm
The Latest on the coronavirus pandemic: ___ Japan's Olympics minister has brushed off President Donald Trump's suggestion the Tokyo Olympics be postponed. Olympic minister Seiko Hashimoto told a news conference Friday that the International Olympic Committee and Japanese organizers are “not...
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Traders Edward Curran, left, and Jonathan Mueller work on the floor of the New York Stock Exchange, Thursday, March 12, 2020. The deepening coronavirus crisis is sending stocks into another alarming slide on Wall Street, triggering a brief, automatic shutdown in trading for the second time this week. (AP Photo/Richard Drew)
March 12, 2020 - 2:58 pm
WASHINGTON (AP) — The Federal Reserve moved Thursday to try to ease disruptions in the financial markets stemming from the coronavirus by announcing that it will sharply increase its purchases of short-term Treasury bonds. The Fed said it's making available at least $2 trillion in short-term...
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U.N. Secretary-General Antonio Guterres speaks during an update on the situation regarding the COVID-19 (previously named novel coronavirus (2019-nCoV), at the World Health Organization (WHO) headquarters in Geneva, Switzerland, Monday, Feb. 24, 2020. (Salvatore Di Nolfi/Keystone via AP)
March 12, 2020 - 2:48 pm
UNITED NATIONS (AP) — Iran’s foreign minister demanded Thursday that the United States immediately halt what he called a “campaign of economic terrorism” and lift sanctions, saying they have made it increasingly difficult for the country to export oil and virtually impossible to import medicine and...
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The buildings of the banking district are photographed through raindrops on a window in Frankfurt, Germany, Tuesday, March 10, 2020. (AP Photo/Michael Probst)
March 12, 2020 - 10:24 am
FRANKFURT, Germany (AP) — The European Central Bank is deploying new stimulus measures to cushion the economic pain inflicted by the virus outbreak, but avoided cutting interest rates in a situation where economists say monetary policy can do little more than limit the damage. The central bank for...
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FILE - In this Feb. 23, 2020, file photo, Australian Prime Minister Scott Morrison speaks in Sydney, at a state memorial service for the victims of recent wildfires. The Australian government on Wednesday, March 11, 2020, announced a $2.4 billion (US $1.6 billion) package to help tackle the virus outbreak that has infected nearly 120,000 people worldwide, rocked financial markets and disrupted travel.(Peter Parks/Pool Photo via AP, File)
March 12, 2020 - 2:56 am
PERTH, Australia (AP) — Australia on Thursday put forward a $17.6 billion (US $11.4 billion) stimulus package meant to stave off a recession due to the impact of the virus outbreak on its economy. The package includes cash payments for small businesses and welfare recipients to counter the impact...
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Spanish Foreign Minister Arancha Gonzalez during an interview with The Associated Press at the at the Spanish foreign ministry in Madrid, Spain, Wednesday, March 11, 2020. Spain is not dangling its defense cooperation with the United States as leverage in its push against tariffs on European products, the Spanish foreign minister said on Wednesday ahead of a visit to Washington that aims to end the loss of business by Spanish producers of wine, olives and their oil. (AP Photo/Manu Fernandez)
March 11, 2020 - 5:21 pm
MADRID (AP) — Spain won't use its defense cooperation with the United States as leverage in its push against tariffs on European products, the Spanish foreign minister said on Wednesday ahead of a visit to Washington that aims to end the loss of business by Spanish producers of wine, olives and...
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Britain's Chancellor of the Exchequer Rishi Sunak, centre, stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London, Wednesday, March 11, 2020. Britain's Chancellor of the Exchequer Rishi Sunak will announce the first budget since Britain left the European Union. Sunak is flanked by his team of treasury ministers . (AP Photo/Frank Augstein)
March 11, 2020 - 12:15 pm
LONDON (AP) — Britain took bold steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced a 30 billion-pound ($39 billion) stimulus package and the Bank of England slashed its key interest rate to a record low of 0.25%. U.K. Treasury chief Rishi Sunak...
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