Government business and finance

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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People walk past a poster that reads 'I want you to stay home', by artist TvBoy amid a lockdown in Barcelona, Spain, Tuesday, March 24, 2020. More than 1.5 billion around the world have been told to stay in their homes. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause a more serious illness. (AP Photo/Felipe Dana)
AP News
March 25, 2020 - 12:10 am
NEW YORK (AP) — The Tokyo Olympics were postponed a year as coronavirus deaths and infections surged in Europe and the U.S. on Tuesday, with New York warning it is about to get hit by a “bullet train." Stocks soared after Washington lawmakers said they were close on a nearly $2 trillion deal to...
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FILE - In this Monday, March 2, 2020 file photo, Gilead Sciences CEO Daniel O'Day speaks at a meeting with President Donald Trump, members of the Coronavirus Task Force, and pharmaceutical executives in the Cabinet Room of the White House in Washington. Gilead, the pharmaceutical giant that makes remdesivir, a promising coronavirus drug, has registered it as a rare disease treatment with U.S. regulators on Monday, March 23, 2020, a status that can potentially be worth millions in tax breaks and competition-free sales. (AP Photo/Andrew Harnik)
March 24, 2020 - 9:11 pm
WASHINGTON (AP) — The pharmaceutical giant that makes a promising coronavirus drug has registered it as a rare disease treatment with U.S. regulators, a status that can potentially be worth millions in tax breaks and competition-free sales. What that specialty status will actually mean for the...
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A Chase bank employee, right, disinfects the branches ATMs to fend off coronavirus as a customer uses another along Main St., Tuesday, March 24, 2020, in the Flushing neighborhood of Queens borough of New York. (AP Photo/Mary Altaffer)
March 24, 2020 - 6:45 pm
WASHINGTON (AP) — The Federal Reserve said it will suspend some of its bank supervisory activities to give banks more leeway in dealing with financially strapped customers. The Fed said it will cease nearly all examinations for banks with less than $100 billion in total assets, except for those...
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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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FILE - In a June 3, 2014, photo, the Paradise Fossil Plant stands in Drakesboro Ky. (AP Photo/Dylan Lovan, File)
March 24, 2020 - 1:21 pm
DRAKESBORO, Ky. (AP) — President Donald Trump tried to stop it from happening. The top Republican in the Senate, Mitch McConnell, did too. Despite their best efforts to make good on Trump’s campaign promise to save the beleaguered coal industry, including an eleventh-hour pressure campaign, the...
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FILE - This undated file photo provided by the Bentley Historical Library at the University of Michigan shows Dr. Robert E. Anderson. A University of Michigan hotline has received more than 100 “unique complaints” about Dr. Anderson, a late physician accused of sexual abuse by former patients, including athletes who encountered him as a team doctor, the school announced Friday, Feb. 28, 2020. He died in 2008. (Robert Kalmbach/Bentley Historical Library, University of Michigan via AP)
March 24, 2020 - 10:40 am
ANN ARBOR, Mich. (AP) — The University of Michigan has hired a new law firm to lead the investigation into allegations that a deceased team doctor molested hundreds of people. The school said Tuesday that WilmerHale has replaced Steptoe & Johnson, which it cut ties with two weeks ago after...
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President Donald Trump gestures as he asks a question to Dr. Deborah Birx, White House coronavirus response coordinator, during a briefing about the coronavirus in the James Brady Briefing Room, Monday, March 23, 2020, in Washington. (AP Photo/Alex Brandon)
AP News
March 24, 2020 - 6:34 am
WASHINGTON (AP) — As cases of coronavirus rise, President Donald Trump said that he wants to reopen the country for business in weeks, not months, and claimed, without evidence, that continued closures could result in more deaths than the pandemic itself. "We can’t have the cure be worse than the...
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Senate Majority Leader Mitch McConnell of Ky. speaks to reporters outside the Senate chamber after Democrats blocked a coronavirus aid package on Capitol Hill, Monday, March 23, 2020, in Washington. (AP Photo/Andrew Harnik)
AP News
March 24, 2020 - 5:31 am
WASHINGTON (AP) — Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday. Treasury Secretary Steven Mnuchin and Senate Democratic leader Chuck Schumer said they...
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