Government policy

This photo provided by the New York Stock Exchange, Thursday, March 19, 2020, shows trader Gregory Rowe, center, as he works on the trading floor. Stocks are see-sawing between gains and losses in midday trading on Wall Street Thursday, but the moves are more subdued than the wild jabs that have dominated recent weeks. (NYSE Photo by Alyssa Ringler via AP)
March 19, 2020 - 11:48 pm
BEIJING (AP) — Asian stock markets were mostly higher Friday after modest Wall Street gains on hopes government and central bank action can shield the world economy from a looming global recession caused by the coronavirus pandemic. Benchmarks in Shanghai, Hong Kong, Australia and Southeast Asia...
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Senate Majority Leader Mitch McConnell of Ky., walk to attend a Republican policy lunch on Capitol Hill in Washington, Thursday, March 19, 2020. (AP Photo/Susan Walsh)
March 19, 2020 - 9:25 pm
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell unveiled a sweeping economic rescue plan Thursday to pump $1,200 direct checks to taxpayers, $300 billion for small businesses to keep idled workers on payroll and $208 billion in loans to airlines and other industries. It's the initial...
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President Donald Trump speaks during press briefing with the coronavirus task force, at the White House, Thursday, March 19, 2020, in Washington. Food and Drug Administration Commissioner Dr. Stephen Hahn, right, and Vice President Mike Pence listen. (AP Photo/Evan Vucci)
March 19, 2020 - 4:37 pm
WASHINGTON (AP) — President Donald Trump said Thursday the government should take an equity stake in companies bailed out in the coronavirus pandemic, a step that would mark an extraordinary federal reach into the private sector. He also held out hope that treatments for COVID-19 might be at hand,...
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FILE - In this Thursday, March 5, 2020 file photo, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier speaks during a media conference at EU headquarters in Brussels. Michel Barnier, the European Union's chief negotiator for the future relationship with Britain after Brexit, said Thursday March 19, 2020 he has been infected with the coronavirus. Barnier tweeted that he is doing well and is in good spirits. (AP Photo/Virginia Mayo, File)
March 19, 2020 - 11:12 am
BRUSSELS (AP) — Michel Barnier, the European Union's chief negotiator for the bloc's future relationship with Britain after Brexit, has been infected with the new coronavirus. The 69-year-old Barnier said in a Twitter video message Thursday that he is doing well and is in good spirits, while the EU...
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People walk among U.S. flags with the U.S. Capitol in the background, Sunday, March 15, 2020, in Washington. House Speaker Nancy Pelosi, D-Calif., said Congress has started work on a new coronavirus aid package after the one just approved by the House early Saturday. (AP Photo/Jacquelyn Martin)
March 19, 2020 - 5:53 am
WASHINGTON (AP) — The fast-moving coronavirus upending every facet of American life is testing whether Washington, a capital city fractured by years of bitter partisanship and inaction, can still do big things. Not since the Great Recession of 2008, and before that the Sept. 11 attacks of 2001, has...
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A man walks past a banner showing Saudi King Salman, right, and his Crown Prince Mohammed bin Salman, outside a mall in Jiddah, Saudi Arabia, Saturday, March 7, 2020. (AP Photo/Amr Nabil)
March 19, 2020 - 3:57 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia said the government will cut spending by 5%, or about $13.3 billion, to offset the impact of plunging oil prices and the effects of the new coronavirus on its economic outlook and deficit. In a statement carried by the state-run Saudi Press Agency...
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Trucks are stuck in traffic jams for 60 kilometers (36 miles) on Lithuanian side to enter Poland through Kalvarija-Budzisko check point, 230 km (144 miles) west of Vilnius, Lithuania, Tuesday, March 17, 2020. Traffic jams swelled along borders and travelers appealed to their governments for help getting home Tuesday as countries in Europe and beyond imposed strict controls along their frontiers and grappled with the challenge of allowing the flow of goods but restricting people to slow the spread of the coronavirus. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (AP Photo/Saulius Zaura)
March 17, 2020 - 7:32 pm
BERLIN (AP) — Mass disruptions shuddered across the globe Tuesday as governments struggled to slow the spread of the coronavirus while also trying to keep their economies afloat. The chaos stretched from Lithuania, where border traffic jams were 40 miles deep, to Detroit, where bus service came to...
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A sign advises of the closure of a restaurant at Pike Place Market on Tuesday, March 17, 2020, in Seattle. Many shops in the landmark market continue to remain open, though business has dropped considerably in recent weeks. A day earlier, Washington Gov. Jay Inslee ordered all bars, restaurants, entertainment and recreation facilities to temporarily close to fight the spread of COVID-19 in the state with by far the most deaths in the Unite States from the disease. (AP Photo/Elaine Thompson)
March 17, 2020 - 7:30 pm
WASHINGTON (AP) — The Federal Reserve put in motion two emergency lending programs Tuesday that were last deployed in response to the 2008 financial crisis, aiming to ease the flow of credit to businesses and households struggling amid the viral outbreak. The first, announced mid-morning, is...
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President Donald Trump speaks during a press briefing with the coronavirus task force, in the Brady press briefing room at the White House, Monday, March 16, 2020, in Washington. (AP Photo/Evan Vucci)
March 17, 2020 - 1:35 pm
WASHINGTON (AP) — Ahead of an expected surge in coronavirus cases, President Donald Trump on Tuesday moved to blunt the impact of the pandemic on the U.S. economy, fundamentally altered by a push for a nation to stay home. As the global markets fluctuated amid fears of a recession, the president...
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Treasury Secretary Steven Mnuchin speaks during a press briefing with the coronavirus task force, at the White House, Tuesday, March 17, 2020, in Washington, as President Donald Trump looks on. (AP Photo/Evan Vucci)
March 17, 2020 - 12:23 pm
WASHINGTON (AP) — President Donald Trump wants the government to send checks to Americans in the next two weeks in an effort to curb the economic cost of the coronavirus outbreak, Treasury Secretary Steven Mnuchin said Tuesday. “The president has instructed me we have to do this now,” he said at...
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