Financial services

A man wears a face mask as he leaves a business that remains open in downtown San Antonio, Wednesday, April 22, 2020. San Antonio remains under stay-at-home orders due to the COVID-19 outbreak and residents are required to wear face coverings or masks whenever in public. (AP Photo/Eric Gay)
1010 WINS Newsroom
April 23, 2020 - 7:52 pm
NEW YORK (AP) — Small business owners still applying for loans under the government's coronavirus relief program may end up disappointed — the $310 billion being added to the program may already be spoken for. Banking industry groups say the volume of applications already sent to the Small Business...
Read More
FILE - In this Sept. 23, 2005 file photo, a customer enters the Billy Goat Tavern under Chicago's Michigan Ave. The once-busy diner tucked below a Michigan Avenue overpass in Chicago famously inspired a Saturday Night Live skit starring John Belushi and Bill Murray as short-order cooks. But the money the Billy Goat Tavern is losing now due to state-imposed business closures during the coronavirus outbreak is no joke. (AP Photo/Charles Rex Arbogast, File)
1010 WINS Newsroom
April 23, 2020 - 5:27 am
CHICAGO (AP) — A once-bustling bar and grill tucked below a Michigan Avenue overpass famously inspired a “Saturday Night Live” skit starring John Belushi and Bill Murray. But the money the Billy Goat Tavern is losing during the coronavirus outbreak is no joke. The tavern and millions of other...
Read More
Peter Tschentscher, behind the speaker's desk, first Mayor of Hamburg, speaks at a government declaration on the topic "Current Coronalage - First Steps into a Normal Life" at a meeting of the Hamburg Parliament in the city hall in Hamburg, Germany, Wednesday, April 22, 2020. To avoid contagion among the members of parliament, the citizens' meeting will take place in the Great Festival Hall of the City Hall, spectators are not allowed. (Christian Charisius/dpa via AP)
1010 WINS Newsroom
April 22, 2020 - 1:24 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the global economy, the work place and the spread of the virus. ________________________ THE HEALTH BIZ: In this era of dire medical need, hospitals and...
Read More
1010 WINS Newsroom
April 19, 2020 - 3:17 am
UNITED NATIONS (AP) — U.N. experts have recommended blacklisting 14 vessels for violating sanctions against North Korea in a report that accuses the country of increasing illegal coal exports, imports of petroleum products and continuing with cyber attacks on financial institutions and...
Read More
In this April 8, 2020 photo, laborers wear facemasks to protect against the spread of the new coronavirus as they look at job postings at a labor market in Qingdao in eastern China's Shandong Province. China has reported its biggest economic decline since the 1970s as it fought the coronavirus in the first quarter of the year. (Chinatopix via AP)
1010 WINS Newsroom
April 17, 2020 - 3:37 pm
WASHINGTON (AP) — The 189-nation International Monetary Fund and its sister lending agency, the World Bank, on Friday pledged to step up their efforts to cushion the blow to the global economy from the coronavirus pandemic. The two agencies' assurance came at the end of their spring meeting where...
Read More
FILE - In this Oct. 14, 2019 file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building, in Boston. Bank of America Corp. reports financial results Wednesday, April 15, 2020. (AP Photo/Steven Senne, File)
1010 WINS Newsroom
April 15, 2020 - 12:11 pm
NEW YORK (AP) — The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big financial hit from the coronavirus pandemic. JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Goldman Sachs raised the funds set aside for bad loans by...
Read More
FILE - This Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Jim Mone, File)
1010 WINS Newsroom
April 15, 2020 - 12:06 pm
UnitedHealth Group is sticking with its 2020 profit forecast for now, as the health insurance giant sifts through all the ways the coronavirus pandemic may alter its business. Company shares jumped Wednesday on another rough day for the broader market, after UnitedHealth also announced first-...
Read More
A masked man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Wednesday, April 15, 2020. Asian stocks edged lower Wednesday after the International Monetary Fund said the global economy will suffer its worst year since the Great Depression of the 1930s due to the coronavirus pandemic. (AP Photo/Kin Cheung)
1010 WINS Newsroom
April 15, 2020 - 12:06 am
Asian stocks edged lower Wednesday after the International Monetary Fund said the global economy will suffer its worst year since the Great Depression of the 1930s due to the coronavirus pandemic. Benchmarks in Tokyo and Hong Kong were flat while Shanghai and Sydney declined despite Wall Street's...
Read More
The buildings of the banking district are seen in Frankfurt, Germany, early Tuesday, April 14, 2020. Due to the coronavirus the economy expects worldwide heavy losses. (AP Photo/Michael Probst)
1010 WINS Newsroom
April 14, 2020 - 9:52 am
WASHINGTON (AP) — Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast. The IMF said Tuesday that it expects the global economy to shrink 3% this year — far...
Read More
FILE - In this Aug. 16, 2019 file photo, the logo for JPMorgan Chase & Co. appears above a trading post on the floor of the New York Stock Exchange. JPMorgan Chase & Co. reports financial results on Tuesday, April 14, 2020. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
April 14, 2020 - 7:56 am
NEW YORK (AP) — JPMorgan Chase said Tuesday that its first-quarter profits plunged by 69% from a year ago, as the bank was forced to set aside billions of dollars to cover potential losses tied to the coronavirus pandemic. Chase, the nation’s largest bank by assets, is among the first of the major...
Read More

Pages