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Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci speaks with Dr. Robert Redfield, director of the Centers for Disease Control and Prevention during a Senate Health, Education, Labor and Pensions Committee hearing on Capitol Hill in Washington, Tuesday, June 30, 2020. (Al Drago/Pool via AP)

Fauci, CDC chief raise concerns about full airline flights

Jun. 30, 2020 8:30 PM EDT

The government’s top experts in infectious diseases on Tuesday criticized American Airlines' decision to pack flights full while the coronavirus outbreak continues to grow across much of the United States. “Obviously that is something that is of concern. I’m not sure what went into that...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher on bank news

Jun. 25, 2020 11:29 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. Benchmarks in Tokyo, Sydney and Southeast Asia advanced while Hong Kong declined. Chinese markets were closed for a holiday. Wall Street closed higher...

Asian stocks skid as new coronavirus cases rattle markets

Jun. 25, 2020 12:15 AM EDT

BANGKOK (AP) — Shares skidded in Asia on Thursday after a sharp retreat overnight on Wall Street as new coronavirus cases in the U.S. climbed to their highest level in two months, dimming investors' hopes for a relatively quick economic turnaround. Markets in Hong Kong, Taiwan and Shanghai were closed for...

Visitors wearing face masks to prevent the spread of the new coronavirus, take a selfie at the Hong Kong Disneyland on Thursday, June 18, 2020. Hong Kong Disneyland on Thursday opened its doors to visitors for the first time in nearly five months, at a reduced capacity and with social distancing measures in place. The theme park closed temporarily at the end of January due to the coronavirus outbreak, and is the second Disney-themed park to re-open worldwide, after Shanghai Disneyland. (AP Photo/Kin Cheung)

Hong Kong Disneyland reopens, consumers using less cash

Jun. 18, 2020 4:53 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ TRAVEL & LEISURE: — Hong Kong Disneyland officially...

Multani Singh, owner of J&M sneakers, talks about keeping his business alive during nearly three months of shutdown, Monday, June 8, 2020, in the Sunset Park neighborhood of Brooklyn, in New York. In a city famous for its lack of patience, some businesses have jumped ahead on what's supposed to be a slow and methodical emergence from coronavirus lockdown. (AP Photo/Kathy Willens)

Amusement parks opening, with temperature checks at the gate

Jun. 11, 2020 12:18 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ SEEKING NORMAL: As states and cities relax restrictions,...

A currency trader walks by a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 11, 2020. Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal Reserve said it would keep interest rates low through 2022. (AP Photo/Lee Jin-man)

Asian shares slide after Wall Street retreat

Jun. 10, 2020 11:57 PM EDT

TOKYO (AP) — Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal Reserve said it would keep interest rates low through 2022. Asian markets had been expected to fall after the Fed signaled a long path to recovery from the devastation of the...

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)

Asian shares higher after jobless data snaps Wall St rally

Jun. 5, 2020 12:50 AM EDT

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 Kospi in...

A waitress wearing a face mask to protect against coronavirus carries out a plate of fish to serve at a seafood restaurant in Marseille, southern France, Tuesday, June 2, 2020. The French way of life resumes Tuesday with most virus-related restrictions easing as the country prepares for the summer holiday season amid the pandemic. (AP Photo/Daniel Cole)

Hints of economic reawakening amid mass, civic unrest

Jun. 3, 2020 8:28 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus. ________________________ TESTING THE WATERS: Businesses are starting reopen, or explore...

FILE - In this file photo dated Wednesday, April 23, 2008, an EasyJet jetliner lands at the Milan Linate airport, Italy. European budget airline eastJet said Thursday May 28, 2020, it plans to cut up to a third of its 15,000-strong workforce as the global aviation industry struggles to cope with the COVID-19 pandemic. (AP Photo/Antonio Calanni, FILE)

Airlines increase job cuts as pandemic crushes air travel

May. 28, 2020 1:12 PM EDT

Major airlines on both sides of the Atlantic are cutting even more jobs as they struggle to cope with a plunge in air travel that will leave the airline industry much smaller than it was before the coronavirus pandemic and economic collapse. EasyJet said Thursday that it will cut up to one-third of its 15,000...

A pedestrian browses the display window at The Loop fashion and shoe store as businesses slowly begin to reopen after social distancing restrictions shuttered storefronts nationwide, Tuesday, May 26, 2020, in Yonkers, N.Y. (AP Photo/John Minchillo)

NYSE floor reopens, traders buy shares of Crocs, airlines

May. 26, 2020 4:36 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to national and global response, the work place and the spread of the virus. ________________________ GREEN SHOOTS: States are in varying degrees of reopening, and so are...