Government business and finance

President Donald Trump holds up a copy of the New York Post as he speaks before signing an executive order aimed at curbing protections for social media giants, in the Oval Office of the White House, Thursday, May 28, 2020, in Washington. (AP Photo/Evan Vucci)
Associated Press
May 28, 2020 - 5:15 pm
WASHINGTON (AP) — President Donald Trump escalated his war on Twitter and other social media companies Thursday, signing an executive order challenging the lawsuit protections that have served as a bedrock for unfettered speech on the internet. Announced with fanfare, the president's action yet...
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President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 23, 2020, in Washington. (AP Photo/Alex Brandon)
Associated Press
April 24, 2020 - 11:30 am
WASHINGTON (AP) — President Donald Trump signed a $484 billion bill Friday to aid employers and hospitals under stress from the coronavirus pandemic that has killed more than 50,000 Americans and devastated broad swaths of the economy. The bill is the latest effort by the federal government to help...
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FILE - In this March 16, 2020, file photo, a bread delivery is made to a Shake Shack restaurant in the Brooklyn borough of New York. The burger chain Shake Shack says it will return a small-business loan it got to help weather the coronavirus crisis after topping up its funding. (AP Photo/John Minchillo, File)
Associated Press
April 20, 2020 - 1:37 pm
Some big restaurant chains have obtained loans from the government under a small-business relief program, leading business groups to call for changes to the program before Congress provides it with new funding. The Paycheck Protection Program exhausted its $350 billion in funding last week and many...
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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)
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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Home Depot customers carry their purchases as they leave the store, Friday, April 3, 2020 during the coronavirus pandemic in New York. (AP Photo/Mark Lennihan)
Associated Press
April 03, 2020 - 6:15 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus. ____________ COSTS MOUNT: The pandemic will cost the global economy as much as $4.1...
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Senate Majority Leader Mitch McConnell of Ky. gives a thumbs up as he arrives on Capitol Hill, Wednesday, March 25, 2020, in Washington. (AP Photo/Andrew Harnik)
Associated Press
March 26, 2020 - 5:00 am
WASHINGTON (AP) — The Senate passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic. The unanimous vote Wednesday came despite misgivings on both sides about whether it goes too far or not far...
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Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, speaks with reporters as he walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill in Washington, Tuesday, March 24, 2020. (AP Photo/Patrick Semansky)
Associated Press
March 25, 2020 - 12:50 am
WASHINGTON (AP) — The White House and Senate leaders of both parties struck an agreement late Tuesday on a sweeping $2 trillion measure to aid workers, businesses and a health care system strained by the rapidly spreading coronavirus outbreak. The agreement came after days of often intense haggling...
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Senate Majority Leader Mitch McConnell of Ky. speaks to reporters outside the Senate chamber after Democrats blocked a coronavirus aid package on Capitol Hill, Monday, March 23, 2020, in Washington. (AP Photo/Andrew Harnik)
Associated Press
March 24, 2020 - 4:31 am
WASHINGTON (AP) — Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday. Treasury Secretary Steven Mnuchin and Senate Democratic leader Chuck Schumer said they...
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President Donald Trump gestures for Vice President Mike Pence to speaks in the briefing room of the White House in Washington, Monday, March 9, 2020, about the coronavirus outbreak. (AP Photo/Patrick Semansky)
Associated Press
March 09, 2020 - 9:29 pm
WASHINGTON (AP) — President Donald Trump said Monday his administration will ask Congress to pass payroll tax relief and other quick measures as a public health and economic maelstrom brought on by the coronavirus drew closer to him personally. Intending to calm the fears of financial markets over...
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Trader Fred DeMarco works on the floor of the New York Stock Exchange, Friday, Feb. 28, 2020. Global stock markets are falling further on spreading virus fears. (AP Photo/Richard Drew)
Associated Press
February 28, 2020 - 5:18 pm
Stocks sank around the globe again Friday as investors braced for more economic pain from the coronavirus outbreak, sending U.S. markets to their worst weekly finish since the 2008 financial crisis. The damage from the week of relentless selling was eye-popping: The Dow Jones Industrial Average...
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