Financial crisis

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)
Associated Press
April 05, 2020 - 11:06 pm
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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A man wearing a face mask walks past statues of bulls in Beijing, Friday, Feb. 28, 2020. Asian stock markets fell further Friday on spreading virus fears, deepening an global rout after Wall Street endured its biggest one-day drop in nine years. (AP Photo/Mark Schiefelbein)
Associated Press
February 28, 2020 - 6:50 am
Global stock markets plunged further Friday on spreading fears over the impact of the new coronavirus, with some indexes set to close out their worst week since the depths of the financial crisis in 2008. Germany's DAX skidded as much as 5% before stabilizing, Tokyo and Shanghai closed 3.7% lower...
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In this Aug. 9, 2019 photo, former Vice President and Democratic presidential candidate Joe Biden speaks at the Iowa Democratic Wing Ding at the Surf Ballroom, in Clear Lake, Iowa. As the U.S. economy flashes recession warning signs, Democratic presidential candidates are leveling pre-emptive blame on President Donald Trump. They argue that his aggressive and unpredictable tariff policies are to blame for gloomy economic forecasts. (AP Photo/John Locher)
Associated Press
August 23, 2019 - 2:41 am
PROLE, Iowa (AP) — Campaigning under the stifling August sun, Joe Biden assailed President Donald Trump's trade war with China, accusing him of squandering a strong economy and putting Americans' financial security at risk. But he was quick to add that he was not hoping for the worst. "I never wish...
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