Latest Financial crisis News
Trump the dancer? His moves to 'YMCA' at rallies are a hit
TUCSON, Ariz. (AP) — He adjusts his coat. He gazes out at the crowd. And then he goes for it. President Donald Trump, a man who is famously particular about his appearance, is fully embracing doing a dad dance to the Village People's “YMCA” as the finale to his rallies in the campaign's...
Study: COVID speeds up human vs machine standoff over work
GENEVA (AP) — As automation and online work gain ground, organizers of the annual Davos forum are projecting employers will split work equally between machines and people by 2025, with the coronavirus pandemic accelerating changes in the labor market. The World Economic Forum, in a report released...
Turkey evacuates large military post in northwest Syria
BEIRUT (AP) — Turkish troops in northwestern Syria have been evacuating one of their largest military bases in the area, which was surrounded by Syrian government troops for months, activists said Tuesday. There was no immediate comment from Turkish officials. Activists and opposition media platforms...
Liz Weston: Playing the market is a bad idea, especially now
The current day trading boom will end as these frenzies always do: in tears. While we wait for the inevitable crash, let’s review not only why day traders are doomed but also why most people shouldn’t trade, or even invest in, individual stocks. Day trading basically means rapidly buying and...
Europe's central banker: Recovery 'risks losing momentum'
FRANKFURT, Germany (AP) — The head of the European Central Bank says the economic recovery from the coronavirus pandemic “risks losing momentum” due to a second wave of infections and that more stimulus could be added if necessary. “The second wave of the pandemic in Europe, notably...
The Latest: Trump tries to explain lower fundraising numbers
WASHINGTON (AP) — The latest on the presidential campaign (all times local): 7:55 p.m. President Donald Trump says he “could be the world’s greatest fundraiser,” but he doesn’t want to put in the work or have to “do things” in return for his donors. Trump claimed...
Mayor urges visitors to avoid Salem this Halloween
SALEM, Mass. (AP) — Anyone planning a trip to Salem this month to celebrate Halloween needs to cancel their plans, the mayor of the Massachusetts city famous for its 1692 witch trials said Friday. Even though the city has canceled a monthlong series of publicly sponsored events held each October that...
Awash in red ink: US posts record $3.1T 2020 budget deficit
WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring. The Trump administration reported Friday that the deficit for the budget year that ended...
Virus hits beach resort, as pandemic surges in Argentina
MAR DEL PLATA, Argentina (AP) — Hundreds of Argentine flags dotted the sand of a beach at the Mar del Plata resort, a poignant memorial to the victims of the novel coronavirus in one of this South American country’s new virus hotspots. When the flags were planted last week, they were a tribute to...
Lebanon praises US mediation in maritime border talks Israel
BEIRUT (AP) — Lebanon's President Michel Aoun told a visiting U.S. official Friday that his country “heavily relies” on Washington’s mediation regarding a disputed maritime border with Israel, and hopes the United States can help the sides overcome difficulties they may face....
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