Consumer prices slump 0.4% as virus puts chill on spending
WASHINGTON (AP) — Consumer prices fell 0.4% in March, the largest decline in five years, revealing the downward pressure that the coronavirus pandemic is exerting on the cost of gasoline, airfares, hotel rooms and other goods and services. Last month’s decline...
What you need to know today about the virus outbreak
The worldwide death toll from the coronavirus hit 100,000 on Friday as Christians around the globe marked a Good Friday unlike any other — in front of computer screens instead of in church pews. The U.S. had over 18,000 dead, putting it on track to overtake Italy for...
Singapore battles virus hotspots in migrant workers’ dorms
KUALA LUMPUR, Malaysia (AP) — After managing to keep on top of the first wave of coronavirus outbreaks, Singapore is grappling with an alarming rise in infections among migrant workers housed in crowded dormitories. Such cases now account for about a quarter of...
Markets stable amid holidays, oil down on OPEC uncertainty
BANGKOK (AP) — Asian shares were steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve’s titanic effort to support the economy through the coronavirus crisis. The price of oil fell back after...