Jun 8, 2020 | Finance
NEW YORK (AP) — Wall Street’s enthusiasm about the reopening economy sent stocks scrambling even higher on Monday, and the Nasdaq composite wiped away the last of its coronavirus-induced losses to set a record. The broader S&P 500 is now up slightly for the year...
Jun 7, 2020 | Finance
TOKYO (AP) — Japan reported Monday that its economy contracted at an annual rate of 2.2% in January-March, less than initially estimated. The update from the Cabinet Office was an improvement on the 3.4% contraction earlier reported. It said private sector demand had...
Jun 6, 2020 | Finance
NEW DELHI (AP) — India reported 9,971 new coronavirus cases on Sunday, another single-day high for the country that comes a day before it reopens shopping malls, hotels and religious venues after a 10-week lockdown. India has now surpassed Spain as the fifth...
Jun 6, 2020 | Finance
CAPE CANAVERAL, Fla. (AP) — SpaceX’s debut astronaut launch is the biggest, most visible opening shot yet in NASA’s grand plan for commercializing Earth’s backyard. Amateur astronauts, private space stations, flying factories, out-of-this-world movie sets — this is...
Jun 5, 2020 | Finance
LOS ANGELES (AP) — A fire early Friday destroyed a Southern California distribution facility that was used to ship items to Amazon customers. Authorities said employees got out and there were no reports of injuries. A half-dozen fire departments were unable to stop...
Jun 5, 2020 | Finance
WASHINGTON (AP) — U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit. The Federal Reserve reported Friday that total borrowing fell by $68.8 billion, or 19.6%....
