Economy

A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, July 14, 2020. Asian shares fell Tuesday as skepticism set in about the recent upbeat mood on global markets, as newly confirmed coronavirus cases rose in the U.S., Brazil and parts of Japan. (AP Photo/Kin Cheung)
July 13, 2020 - 11:28 pm
TOKYO (AP) — Shares fell in Asia on Tuesday as skepticism set in about the recent upward momentum in global markets given rising confirmed coronavirus cases and percolating tensions between the U.S. and China. The White House’s decision to reject nearly all Chinese maritime claims in the South...
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FILE - In this July 1, 2020, file photo, Abel Gomez waits for his order at Mariscos Linda food truck as dining tables are sealed off with caution tape due to the coronavirus pandemic in Los Angeles. California Gov. Gavin Newsom has extended the closure of bars and indoor dining statewide and has ordered gyms, churches and hair salons closed in most places as coronavirus cases keep rising. On Monday, July 13, 2020, Newsom extended that order statewide and closed additional parts of the world's fifth-largest economy, including indoor malls and offices for noncritical industries. (AP Photo/Jae C. Hong, File)
AP News
July 13, 2020 - 9:36 pm
SACRAMENTO, Calif. (AP) — Bars and inside restaurant dining are banned throughout California, while indoor religious services, gyms and hair and nail salons are again off-limits in most of the state, Gov. Gavin Newsom said Monday in issuing a sweeping set of closures to head off surging coronavirus...
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FILE - This Sept. 18, 2019, file photo shows the view of the U.S. Capitol building from the Washington Monument in Washington. The federal government incurred the biggest monthly budget deficit in history in June 2020 as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues. The Treasury Department reported Monday, July 13, 2020 that the deficit hit $864 billion last month, an amount of red ink that surpasses most annual deficits in the nation’s history and is above the previous monthly deficit record of $738 billion in April.(AP Photo/Patrick Semansky, File)
July 13, 2020 - 2:30 pm
WASHINGTON (AP) — The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues. The Treasury Department reported Monday that the deficit hit $864 billion...
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Incumbent President Andrzej Duda flashes a victory sign in Pultusk, Poland, Sunday, July 12, 2020. An exit poll in Poland's presidential runoff election shows a tight race that is too close to call between the conservative incumbent, Andrzej Duda, and the liberal Warsaw mayor, Rafal Trzaskowski.(AP Photo/Czarek Sokolowski)
July 13, 2020 - 2:22 pm
WARSAW, Poland (AP) — Polish President Andrzej Duda declared victory Monday in a runoff election in which he narrowly won a second five-year term, acknowledging the campaign he ran was often too harsh as he appealed for unity and forgiveness. The close race followed a bitter campaign between Duda...
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Clouds are reflected in the headquarters of Analog Devices, Inc., Monday, July 13, 2020, in Norwood, Mass. Computer chip maker Analog Devices is buying Maxim Integrated in an all-stock deal that will create a company worth about $68 billion, and strengthens its position in the analog semiconductor sector. (AP Photo/Steven Senne)
July 13, 2020 - 1:29 pm
NEW YORK (AP) — Computer chip maker Analog Devices is buying Maxim Integrated in an all-stock deal that will create a company worth about $68 billion, and strengthens its position in the analog semiconductor sector. The $20 billion acquisition would also give Analog a more defined roll in the...
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President Donald Trump walks across the South Lawn of the White House in Washington, Saturday, July 11, 2020. Trump was returning from a visit to nearby Walter Reed National Military Medical Center in Bethesda, Md. (AP Photo/Pablo Martinez Monsivais)
July 13, 2020 - 5:54 am
Presidential politics move fast. What we’re watching heading into a new week on the 2020 campaign: Days to general election: 113 ___ THE NARRATIVE These are among the darkest days of President Donald Trump's presidency. Coronavirus infections are exploding, the economic recovery is in jeopardy and...
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A man wearing a face mask to help curb the spread of the coronavirus stands near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, July 13, 2020. Asian shares rose Monday, cheered by recent upbeat projections on a global rebound tempered with worries about disappointment that could follow.(AP Photo/Eugene Hoshiko)
July 12, 2020 - 11:35 pm
TOKYO (AP) — Shares rose in Asia on Monday, cheered by upbeat projections for a global economic rebound that were tempered by worries over expanding coronavirus outbreaks. Investors were looking ahead to the release of China's economic growth data for April-June, a key indicator for trade,...
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FILE - In this June 29, 2019, file photo President Donald Trump, left, poses for a photo with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan. China has fast become a top election issue as President Donald Trump and Democrat Joe Biden engage in a verbal brawl over who's better at playing the tough guy against Beijing. (AP Photo/Susan Walsh, File)
AP News
July 12, 2020 - 3:31 pm
WASHINGTON (AP) — China has fast become a top election issue as President Donald Trump and Democrat Joe Biden engage in a verbal brawl over who's better at playing the tough guy against Beijing. The Trump campaign put out ads showing Biden toasting China's Xi Jinping, even though Trump did just...
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FILE - In this July 21, 2016, file photo Republican presidential candidate Donald Trump smiles as he addresses delegates during the final day session of the Republican National Convention in Cleveland. After months of insisting that the Republican National Convention go off as scheduled despite the coronavirus pandemic, Trump is slowly coming to accept that the event will not be the four-night informercial for his re-election that he had anticipated. (AP Photo/Patrick Semansky, File)
AP News
July 12, 2020 - 2:16 pm
WASHINGTON (AP) — After months of insisting that the Republican National Convention go off as scheduled despite the pandemic, President Donald Trump is slowly coming to accept that the late August event will not be the four-night infomercial for his reelection that he had anticipated. After a venue...
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July 12, 2020 - 1:02 am
BOSTON (AP) — At this time of the year, The Friendly Fisherman on Cape Cod is usually bustling with foreign students clearing tables and helping prepare orders of clam strips or fish and chips. But because of a freeze on visas, Janet Demetri won't be employing the 20 or so workers this summer. So...
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