Financial crisis

FILE - In this March 13, 2020, file photo Speaker of the House Nancy Pelosi, D-Calif., and Majority Leader Steny Hoyer, D-Md., arrive to make a statement ahead of a planned late-night vote on the coronavirus aid package deal, at the Capitol in Washington. Democrats are wrestling over how best to assail Trump for his handling of the coronavirus pandemic and the economy’s shutdown even as the country enters an unpredictable campaign season against the backdrop of the most devastating crisis in decades. (AP Photo/J. Scott Applewhite, File)
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April 08, 2020 - 10:55 pm
WASHINGTON (AP) — Democrats are wrestling over how best to assail President Donald Trump for his handling of the coronavirus pandemic and the economy’s shutdown, even as the country lurches into an unpredictable campaign season during its most devastating crisis in decades. Trump has provided...
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FILE - In this Aug. 15, 2019, file photo, a Pacific Gas & Electric worker walks in front of a truck in San Francisco. Pacific Gas & Electric's complex plan for emerging from bankruptcy may face a make or break moment during a court hearing Tuesday, April 7, 2020, that will re-examine the merits of a $13.5 billion settlement with the victims of catastrophic wildfires caused by the utility. (AP Photo/Jeff Chiu, File)
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April 07, 2020 - 8:49 pm
BERKELEY, Calif. (AP) — A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promises as it tries to preserve a plan for getting out of bankruptcy in an unraveling...
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President Donald Trump listens during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)
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April 07, 2020 - 5:37 pm
WASHINGTON (AP) — Despite mocking the idea of climate change, President Donald Trump will preside over one of the country’s sharpest drops in climate-damaging emissions on record, as the economic paralysis from the coronavirus tamps down energy use, according to an Energy Department projection on...
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A nearly full moon sets over the buildings of the banking district and the European Central Bank, right, in Frankfurt, Germany, early Tuesday, April 7, 2020. Due to the coronavirus the economy worldwide expects heavy losses. (AP Photo/Michael Probst)
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April 07, 2020 - 1:48 pm
FRANKFURT, Germany (AP) — The European Central Bank took more emergency action Tuesday to keep credit flowing to companies in the 19 countries that use the euro by easing its rules for lending to banks that serve those businesses. The action comes amid widespread efforts by central banks such as...
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A normally student filled campus square at Millsaps College in Jackson, Miss., is deserted in face of the coronavirus, as the liberal arts school, like many others, faces financial and enrollment challenges Friday, April 3, 2020. At present, the school has switched to on-line teaching. Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered a series of financial losses (AP Photo/Rogelio V. Solis)
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April 07, 2020 - 12:02 pm
Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered financial losses that could total more than $100 million at some institutions. Scores of colleges say they’re taking heavy hits as they...
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Soldiers carry boxes with food to deliver to the poor at the Santa Rosita neighborhood on the outskirts of Guatemala City, Monday, April 6, 2020, during a stay-at-home curfew designed to slow the spread of the new coronavirus. (AP Photo/Moises Castillo)
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April 07, 2020 - 1:45 am
UNITED NATIONS (AP) — Many former global leaders and other VIPs urged the world’s 20 major industrialized nations to approve $8 billion in emergency funding to speed the search for a vaccine, cure and treatment for COVID-19 and prevent a second wave of the coronavirus pandemic. In an open letter to...
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An NYPD traffic officer wearing personal protective equipment directs vehicles at a barricade after the city closed down a section of Bushwick Avenue due to COVID-19 concerns, Friday, March 27, 2020, in the Brooklyn borough of New York. 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/John Minchillo)
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April 06, 2020 - 11:51 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: — G20 leaders urged to approve $8 billion in funding...
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A food delivery rider passes by a banner reading ' Stronger together, all together we will make it ', in Milan, Italy, Sunday, April 5, 2020. The government is demanding Italians stay home and not take the leveling off of new coronavirus infections as a sign the emergency is over, following evidence that more and more Italians are relaxing restrictions the west’s first and most extreme nationwide lockdown and production shutdown. (Claudio Furlan/LaPresse via AP)
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April 06, 2020 - 12:55 pm
FRANKFURT, Germany (AP) — The virus outbreak is exposing cracks in the foundation of Europe's 21-year-old shared currency and festering animosities among its members, even as governments struggle to come up with a unified response where success or failure could mark the continent's politics for...
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In this Thursday, April 2, 2020 photo, an oil rig lights up the horizon on the outskirts of Midland, Texas after a late sunset. (Odessa American/Eli Hartman)
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April 06, 2020 - 12:06 am
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In New Mexico, an oil truck driver who supports his family just went a week without pay. And in Alaska, lawmakers have had to dip into the state's savings as oil revenue dries up. The...
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In this photo made on, April 2, 2020, nurse anesthetist Jessica Poole checks for updates on the coronavirus pandemic in her home office in Greensburg, Pa. Poole, until a couple weeks ago, worked for a private anesthesia practice that serves the Pittsburgh area until she was laid off. She is one of the tens of thousands of medical workers across the United States suddenly out of work as operating rooms and doctor's offices go dark, casualties of urgent calls to prioritize coronavirus patients at overwhelmed hospitals and of the economic waves the crisis is churning. (AP Photo/Keith Srakocic)
1010 WINS Newsroom
April 04, 2020 - 11:17 am
HARRISBURG, Pa. (AP) — Tens of thousands of medical workers across the United States are suddenly out of work as operating rooms and doctor's offices go dark, casualties of urgent calls to prioritize coronavirus patients at overwhelmed hospitals and of the economic waves the crisis is churning...
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