Economy

A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, June 5, 2020. Asian markets are mostly lower after Wall Street rally takes a breather, as investors parse unemployment data. (AP Photo/Eugene Hoshiko)
AP
June 04, 2020 - 11:50 pm
Shares were mostly higher in Asia on Friday after U.S. unemployment data gave the S&P 500 its first loss in five days. Tokyo's Nikkei 225 index gained 0.4% to 22,790.65 after opening lower. The Hang Seng in Hong Kong edged 0.1% higher, to 24,371.38. India's Sensex rose 0.8% to 34,265.86 and the...
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FILE - In this Nov. 21, 2019, file photo, baseball commissioner Rob Manfred speaks to the media at the owners meeting in Arlington, Texas. Major League Baseball rejected the players' offer for a 114-game regular season in the pandemic-delayed season with no additional salary cuts and told the union it did not plan to make a counterproposal, a person familiar with the negotiations told The Associated Press. The person spoke on condition of anonymity Wednesday, June 3, 2020, because no statements were authorized.(AP Photo/LM Otero, File)
AP
June 03, 2020 - 6:27 pm
NEW YORK (AP) — If Major League Baseball and its players take the field for a coronanvirus-delayed 2020 season, it will be after acrimonious negotiations that resemble their labor war of a generation ago. MLB rejected the players' proposal for a 114-game regular season with no additional salary...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 29, 2020. Shares fell Friday in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions. (AP Photo/Eugene Hoshiko)
AP
May 28, 2020 - 10:56 pm
BANGKOK (AP) — Shares fell Friday in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions. Benchmarks declined in Hong Kong, Tokyo and Sydney but rose in Shanghai. Investors are nervously awaiting a news conference about China by President Donald Trump later in...
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A currency trader talks near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 27, 2020. Major Asian stock markets have declined as US-Chinese tension over Hong Kong competes with optimism about recovery from the coronavirus pandemic. (AP Photo/Lee Jin-man)
AP
May 27, 2020 - 2:44 pm
Stock indexes are broadly higher in afternoon trading on Wall Street Wednesday, as hopes for a coming economic revival turn the market's leaderboard upside down. Banks and retailers were posting strong gains on hopes that life can inch back toward normal as governments relax stay-at-home orders,...
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A man wearing a protective face mask passes the New York Stock Exchange, Tuesday, May 26, 2020, as employees arrive for the partial reopening of the trading floor. (AP Photo/Mark Lennihan)
AP
May 26, 2020 - 6:22 pm
NEW YORK (AP) — Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism Tuesday about the reopening economy even as the nation's official death toll from the coronavirus closed in on 100,000, a number...
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In this May 20, 2020, file photo, House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington. Congress is at a crossroads in the Covid-19 crisis. Lawmakers are wrestling over whether to “go big” as Pelosi wants for the next relief bill or hit “pause” as Senate Majority Leader Mitch McConnell insists. (AP Photo/Manuel Balce Ceneta)
AP
May 26, 2020 - 5:30 pm
WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small business aid in hopes of helping employers reopen shops and survive the pandemic. Bipartisan legislation that would give small employers more time to take...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 20, 2020. Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. (AP Photo/Ahn Young-joon)
AP
May 20, 2020 - 3:50 pm
Stocks closed broadly higher on Wall Street Wednesday, clawing back all of its losses from a day earlier and extending its strong gains for the week. The S&P 500 rose 1.7% as the market bounced back from a sudden drop on Tuesday that snapped the index's three-day winning streak. Crude oil...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 20, 2020. Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. (AP Photo/Ahn Young-joon)
AP
May 19, 2020 - 10:50 pm
TOKYO (AP) — Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. Japan's benchmark Nikkei 225 rose nearly 0.9% in morning trading to 20,606.92 on expectations that a state of...
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A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index Tuesday, May 19, 2020. Asian shares rose Tuesday on optimism about a potential vaccine for the coronavirus after hopes for a U.S. economic recovery in the second half of the year sent Wall Street into a rebound. (AP Photo/Vincent Yu)
AP
May 18, 2020 - 11:09 pm
TOKYO (AP) — Asian shares rose Tuesday on optimism about a potential vaccine for the coronavirus after hopes for a U.S. economic recovery in the second half of the year sent Wall Street into a rebound. Japan's benchmark Nikkei 225 added 1.9% in morning trading to 20,517.42. Australia's S&P/ASX...
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University of California at Berkeley graduate Tyler Lyson stands in front of Sather Gate on the closed Cal campus in Berkeley, Calif., on Monday, May 11, 2020. For the Class of 2020, the future looks grim. The pandemic has shattered the economy and the high hopes of graduates who, until recently, seemed all but assured of success. (AP Photo/Ben Margot)
AP
May 17, 2020 - 9:40 pm
Tyler Lyson watched his parents’ financial collapse in the Great Recession, a decade ago. He vowed he’d find the security they never had: He would get a college degree. The 27-year-old won a full scholarship to the University of California-Berkeley and, on Monday, will become the first in his...
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