Economy

1010 WINS Newsroom
May 28, 2020 - 8:51 am
WASHINGTON (AP) — The U.S. economy shrank at an even faster pace than initially estimated in the first three months of this year with economists continuing to expect a far worse outcome in the current April-June quarter. The Commerce Department reported Thursday that the gross domestic product, the...
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An Indian man selling earthen pots beneath a bridge drinks water in Ahmedabad, India, Thursday, May 28, 2020. India faced scorching temperatures and the worst locust invasion in decades on Thursday as authorities prepared for the end of a months-long coronavirus lockdown despite recording thousands of new infections every day. (AP Photo/Ajit Solanki)
1010 WINS Newsroom
May 28, 2020 - 8:11 am
NEW DELHI (AP) — As if the coronavirus wasn't enough, India grappled with scorching temperatures and the worst locust invasion in decades as authorities prepared for the end of a monthslong lockdown despite recording thousands of new infections every day. This triple disaster drew biblical...
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Smoke rises over the Nissan factory as workers burn tires during a protest in Barcelona, Spain, Thursday, May 28, 2020. Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plans in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs. (AP Photo/Emilio Morenatti)
1010 WINS Newsroom
May 28, 2020 - 7:10 am
BARCELONA, Spain (AP) — Angry workers burned tires at the gates of the Nissan carmaking plant in northeastern Spain and prepared for more protests after the Japanese company said it would shut all its manufacturing in the region as it reshuffles its global business. The decision will lead to 3,000...
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A women wearing a face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange, Thursday, May 28, 2020. Asian stocks are mixed after an upbeat open, as hopes for an economic rebound from the coronavirus crisis were dimmed by tensions between the U.S. and China over Hong Kong and other issues. (AP Photo/Vincent Yu)
1010 WINS Newsroom
May 28, 2020 - 12:35 am
BANGKOK (AP) — Asian stocks were mixed after an upbeat open on Thursday, as investors pinned their hopes on an economic rebound from the coronavirus crisis. Shares rose in Tokyo, Sydney and Shanghai but dropped in Hong Kong, where tensions are flaring over Beijing’s effort to exert more control...
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A family peers from the window of their home as they wait to receive boxes of free food, during a lockdown to curb the spread of the new coronavirus, in Bogota, Colombia, Monday, May 4, 2020. The U.N. World Food Program is warning that upward of at least 14 million people could go hungry in Latin America as the coronavirus pandemic rages on, shuttering people in their homes, drying up work and crippling the economy. (AP Photo/Fernando Vergara)
1010 WINS Newsroom
May 27, 2020 - 11:04 pm
BOGOTA, Colombia (AP) — The U.N. World Food Program is warning that upward of at least 14 million people could go hungry in Latin America as the coronavirus pandemic rages on, shuttering people in their homes, drying up work and crippling the economy. New projections released late Wednesday...
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A medical worker collects a swab sample from a journalist for a COVID-19 test before the National People's Congress closing session and the Chinese Premier press conference in Beijing, on Thursday, May 28, 2020. (AP Photo/Ng Han Guan)
1010 WINS Newsroom
May 27, 2020 - 10:25 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — US deaths from coronavirus surpass 100,000 mark. —...
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FILE - In this July, 1997 file photo, Dwayne Hargo, left, Rick Chatman, right, and Quail Dobbs, in the barrel, try to divert the bull's attention away from a fallen cowboy at the Frontier Days rodeo in Cheyenne, Wyo. Cheyenne Frontier Days has been canceled for the first time in its 124-year history due to the coronavirus. Cheyenne Mayor Marian Orr said Wednesday, May 27, 2020 that organizers decided the risk of spreading the virus was too great for the more than 140,000 people who visit Cheyenne for Frontier Days in late July. (AP Photo/Ed Bailey, File)
1010 WINS Newsroom
May 27, 2020 - 8:52 pm
CHEYENNE, Wyo. (AP) — Cheyenne Frontier Days was canceled Wednesday because of the coronavirus pandemic, marking the first time the event billed as the world’s largest outdoor rodeo has been called off in its 124-year history. City and state officials announced the decision. Event organizers...
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Emma Hamlet prepares orders received online to be picked up at the Long Beach Surf Shop store her family owns, Wednesday, May 27, 2020, in Long Beach, N.Y. Long Island has become the latest region of New York to begin easing restrictions put in place to curb the spread of the coronavirus as it enters the first phase of the state's four-step reopening process. (AP Photo/Mary Altaffer)
1010 WINS Newsroom
May 27, 2020 - 3:17 pm
NEW YORK (AP) — Long Island became the latest region of New York to begin easing some restrictions put in place to curb the spread of the coronavirus. Gov. Andrew Cuomo lobbied the president for help with transportation projects. New York City Mayor Bill de Blasio said efforts to fight the virus...
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1010 WINS Newsroom
May 27, 2020 - 2:57 pm
WASHINGTON (AP) — The Federal Reserve detailed Wednesday what most of the nation is already acutely aware of: Economic activity fell sharply around the country in April and May as measures to combat the spread of the coronavirus outbreak took hold. Drawing on reports from its 12 regions, the Fed...
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A man and a woman demonstrate dining under a plastic shield Wednesday, May 27, 2020 in a restaurant of Paris. As restaurants in food-loving France prepare to reopen, some are investing in lampshade-like plastic shields to protect diners from the virus. The strange-looking contraptions are among experiments restaurants are trying around the world as they try to lure back clientele while keeping them virus-free. (AP Photo/Thibault Camus)
1010 WINS Newsroom
May 27, 2020 - 2:30 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus. ________________________ TRAVEL & LEISURE: Viral videos out of places...
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