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A man rides a scooter, with the Russian Government Building, right, in the background, in Moscow, Russia, Monday, May 25, 2020. President Vladimir Putin said Friday the coronavirus outbreak in Russia has begun to abate, creating a positive environment for easing restrictions, as officials defended the country's data on deaths against claims they were being under-reported. (AP Photo/Pavel Golovkin)

The Latest: Moscow explains nation's low coronavirus deaths

May. 28, 2020 10:48 AM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. — Moscow tries to dispel doubts over nation's low virus deaths. —...

A Party City employee delivers balloons to a customer curbside, Wednesday, May 27, 2020, in Oceanside, N.Y. Long Island has become the latest region of New York to begin easing restrictions put in place to curb the spread of the coronavirus as it enters the first phase of the state's four-step reopening process. (AP Photo/Mary Altaffer)

US layoffs climb to 41 million, despite business reopenings

May. 28, 2020 10:33 AM EDT

WASHINGTON (AP) — An estimated 2.1 million Americans applied for unemployment benefits last week despite the gradual reopening of businesses around the country, bringing the running total since the coronavirus shutdowns took hold in mid-March to about 41 million, the government said Thursday. The figures...

A women wearing a face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange, Thursday, May 28, 2020. Asian stocks are mixed after an upbeat open, as hopes for an economic rebound from the coronavirus crisis were dimmed by tensions between the U.S. and China over Hong Kong and other issues. (AP Photo/Vincent Yu)

Wall Street drifts higher following big gains this week

May. 28, 2020 10:24 AM EDT

Wall Street is moving modestly higher in early trading Thursday as a strong rally from earlier this week loses steam. The S&P 500 was up 0.2% in the first hour of trading. The index is coming off three straight gains built on hope for a coming economic revival. The Dow Jones Industrial Average rose 33...

A health official wearing protective gear takes a rest during the COVID-19 testing at a public health center in Goyang, South Korea, Thursday, May 28, 2020. South Korea on Thursday reported its biggest jump in coronavirus cases in more than 50 days, a setback that could erase some of the hard-won gains that have made it a model for the rest of the world. (AP Photo/Ahn Young-joon)

Asia Today: Virus cases jump again in South Korea, India

May. 28, 2020 8:02 AM EDT

SEOUL, South Korea (AP) — South Korea on Thursday reported its biggest jump in coronavirus cases in more than 50 days, a resurgence that health officials warn is getting harder to track and risks erasing some of the nation's hard-won gains. The Korea Centers for Disease Control and Prevention said 67 of...

A medical worker collects a swab sample from a journalist for a COVID-19 test before the National People's Congress closing session and the Chinese Premier press conference in Beijing, on Thursday, May 28, 2020. (AP Photo/Ng Han Guan)

The Latest: South Korea's central bank lowers rate to 0.5%

May. 27, 2020 10:26 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — US deaths from coronavirus surpass 100,000 mark. —...

FILE - In this April 22, 2020, file photo, pallbearers, who were among only 10 allowed mourners, walk the casket for internment at the funeral for Larry Hammond, who died from the coronavirus, at Mount Olivet Cemetery in New Orleans. Hammond was Mardi Gras royalty, and would have had hundreds of people marching behind his casket in second-line parades. (AP Photo/Gerald Herbert, File)

US death toll from coronavirus surges past 100,000 people

May. 27, 2020 8:16 PM EDT

HARTFORD, Conn. (AP) — The U.S. surpassed a jarring milestone Wednesday in the coronavirus pandemic: 100,000 deaths. That number is the best estimate and most assuredly an undercount. But it represents the stark reality that more Americans have died from the virus than from the Vietnam and Korean wars...

Riot police guard detain a protester as a second reading of a controversial national anthem law takes place in Central district, Hong Kong, Wednesday, May 27, 2020. Hong Kong police massed outside the legislature complex Wednesday, ahead of debate on a bill that would criminalize abuse of the Chinese national anthem in the semi-autonomous city. (AP Photo/Kin Cheung)

Asia Today: South Korea cases rise, India crosses 150,000

May. 27, 2020 8:59 AM EDT

SEOUL, South Korea (AP) — South Korea reported 40 new cases of the coronavirus on Wednesday, its biggest daily jump in nearly 50 days, causing alarm as millions of children return to school. Active tracing and testing had stabilized the country's outbreak from its March highs, which allowed officials to...

Indians wearing face masks as prevention against the coronavirus walk past a roadside bookshop in Bengaluru, India, Tuesday, May 26, 2020. For a seventh consecutive day India reported a record single-day jump in new virus cases. India has been easing its lockdown, with domestic flights resuming Monday at a fraction of normal. (AP Photo/Aijaz Rahi)

The Latest: India surpasses 150,000 virus cases

May. 27, 2020 2:16 AM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — India surpasses 150,000 coronavirus cases with another...

People walk at the Cheonggye Stream during launch time in Seoul, South Korea, on May 22, 2020. People are increasingly dining out and enjoying nighttime strolls in public parks. As South Korea significantly relaxes its rigid social distancing rules as a result of waning coronavirus cases, the world is paying close attention to whether it can return to something that resembles normal or face a virus resurgence. (AP Photo/Ahn Young-joon)

World watches as South Korea cautiously returns to life

May. 27, 2020 12:58 AM EDT

SEOUL, South Korea (AP) — The baseball league is on. Students have begun returning to school. And people are increasingly dining out and enjoying nighttime strolls in public parks. As South Korea significantly relaxes its rigid social distancing rules as a result of waning coronavirus cases, the world is...

A man wearing a protective face mask passes the New York Stock Exchange, Tuesday, May 26, 2020, as employees arrive for the partial reopening of the trading floor. (AP Photo/Mark Lennihan)

Stocks rise on Wall Street, but US braces for 100,000 deaths

May. 26, 2020 7:23 PM EDT

NEW YORK (AP) — Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism Tuesday about the reopening economy even as the nation's official death toll from the coronavirus closed in on 100,000, a number President Donald...