Latest United States News

A man stands in front of a blank electronic stock board supposedly showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Oct. 1, 2020. Trading on the Tokyo Stock Exchange was suspended Thursday because of a problem in the system for relaying market information. Most other Asian markets were closed for national holidays. (AP Photo/Eugene Hoshiko)

Wall Street rises again on hopes that Congress can deliver

Oct. 1, 2020 9:58 AM EDT

NEW YORK (AP) — Wall Street is rising again in Thursday morning trading with hopes that Washington can get past its partisanship to deliver more support for the economy. The S&P 500 was 0.7% higher as talks continue on a deal that could send more cash to Americans, restore jobless benefits for laid-off...

FILE - In this Wednesday, June 24, 2020 file photo, a volunteer receives an injection at the Chris Hani Baragwanath hospital in Soweto, Johannesburg. Refrigeration, cargo planes, and, above all, money: All risk being in short supply for the international initiative to get coronavirus vaccines to the world’s most vulnerable people. (Siphiwe Sibeko/Pool via AP, File)

The Latest: EU agency reviews Oxford coronavirus vaccine

Oct. 1, 2020 9:43 AM EDT

LONDON -- The European Medicines Agency has begun its first review process for the experimental COVID-19 vaccine being developed by Oxford University and AstraZeneca. The EU regulator says it had started a “rolling review” process it hopes will expedite any eventual approval. The EMA has begun...

FILE - In this June 25, 2020, file photo, rows of United Airlines check-in counters at O'Hare International Airport in Chicago are unoccupied amid the coronavirus pandemic. About 40,000 workers in the airline industry are facing layoffs on Thursday, Oct. 1, unless Congress comes up with another aid package. With air travel down about 70% from last year, many carriers including United and American say they’ll be forced to cut jobs without additional aid. (AP Photo/Teresa Crawford, File)

US layoffs remain elevated as 837,000 seek jobless aid

Oct. 1, 2020 9:41 AM EDT

WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer. The Labor Department's report, released Thursday, suggests that companies are still cutting a...

A flu vaccine is administered to National Foundation for Infectious Diseases (NFID) staff members in Bethesda, Md., on Wednesday, Sept. 30, 2020. (AP Photo/Federica Narancio)

High demand for flu shots? Experts hope to avoid 'twindemic'

Oct. 1, 2020 9:35 AM EDT

October is prime time for flu vaccinations, and the U.S. and Europe are gearing up for what experts hope is high demand as countries seek to avoid a “twindemic” with COVID-19. “Take flu out of the equation this fall,” said Dr. Daniel Jernigan of the U.S. Centers for Disease Control...

A woman walks out of the Gold City of St. Nicholas jewelry store, in New York, Friday, Sept. 25, 2020. (AP Photo/Mark Lennihan)

Consumer spending gains slow to 1% in August

Oct. 1, 2020 9:30 AM EDT

WASHINGTON (AP) — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during the pandemic expired. The Commerce Department reported Thursday that spending grew by just 1%, the weakest growth since spending fell 12.7% in April when...

Iran's currency sees a new record low amid biting sanctions

Oct. 1, 2020 9:03 AM EDT

TEHRAN, Iran (AP) — Iran’s currency dropped Thursday to its lowest value ever at 300,000 rial for each dollar amid severe U.S. sanctions against the country. The rial has tumbled from a rate of around 262,000 in mid-September, a 12% drop. Iran’s currency was at 32,000 rials to the dollar at...

FILE - This March 28, 2018 file photo shows Jim Farley, Jr. during New York International Auto Show.  On his first day in Ford’s top job, new CEO, Farley is replacing the company’s chief financial officer and announcing other structural and management changes. The company says in a statement Thursday, Oct. 1, 2020 that Chief Financial Officer Tim Stone is leaving Oct. 15 to be chief operating officer at a small artificial intelligence company.  (AP Photo/Richard Drew, File)

New Ford CEO replaces CFO, pledges stronger profit margins

Oct. 1, 2020 8:59 AM EDT

DETROIT (AP) — On his first day in Ford's top job, CEO Jim Farley is replacing the company's chief financial officer and announcing other structural and management changes. The company says in a prepared statement Thursday that Chief Financial Officer Tim Stone is leaving Oct. 15 to be chief operating...

FILE - This July 30, 2019 file photo shows an update information of Facebook application on a mobile phone displayed at a store in Chicago.   Facebook, Wednesday, Sept. 30, 2020, says it’s banning any ads that seek to question the validity of an election, including those claiming widespread voter fraud, in its latest move to crack down ahead of the U.S. presidential election.   (AP Photo/Amr Alfiky, File)

Facebook tightens political ad bans as US election nears

Oct. 1, 2020 8:58 AM EDT

WASHINGTON (AP) — With just over a month to go before Americans head en masse to the polls in an extraordinarily contentious election, Facebook is expanding restrictions on political advertising, including new bans on messages claiming widespread voter fraud. New prohibitions laid out in a blog post come...

FILE - In this Monday, May 25, 2020 file photo, a vile of a COVID-19 vaccine candidate on a shelf during testing at the Chula Vaccine Research Center, run by Chulalongkorn University in Bangkok, Thailand. Refrigeration, cargo planes, and, above all, money: All risk being in short supply for the international initiative to get coronavirus vaccines to the world’s most vulnerable people. (AP Photo/Sakchai Lalit, File)

Push to bring coronavirus vaccines to the poor faces trouble

Oct. 1, 2020 8:29 AM EDT

LONDON (AP) — An ambitious humanitarian project to deliver coronavirus vaccines to the world's poorest people is facing potential shortages of money, cargo planes, refrigeration and vaccines themselves — and is running into skepticism even from some of those it's intended to help most. In one of the...

A health worker collects a man's swab sample to test for COVID-19 at a government hospital in Jammu, India, Thursday, Oct.1, 2020. India is expected to become the pandemic's worst-hit country within weeks, surpassing the United States. (AP Photo/Channi Anand)

Asia Today: September was India's worst month of pandemic

Oct. 1, 2020 8:23 AM EDT

NEW DELHI (AP) — India on Thursday reported 86,821 new coronaviruses cases and another 1,181 fatalities, making September its worst month of the pandemic. The Health Ministry's update for the past 24 hours raised India’s total to more than 6.3 million people infected and 98,678 dead from COVID-19....