Top Story

Recent Headlines

Stocks rallied this week as Washington acted to provide $2.2 trillion of relief to an economy shocked by the coronavirus outbreak, leaving some on Wall Street cautiously optimistic that the panicky selling that had gripped the market earlier may have come to an end.

  • Updated

WASHINGTON - President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavir…

  • Updated

The Santa Fe Plaza is empty. So are the narrow streets of the adobe-laden historic district in the heart of Albuquerque. The ski lifts are idle, the galleries are shuttered, and the fate of the summer art market season is uncertain.

WASHINGTON - The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.

  • Updated

Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being caused by the coronavirus.

  • Updated

OTTAWA - Canada's central bank made yet another unscheduled rate cut Friday to bring its key interest target down to a crisis-level low, and the federal government upped its financial lifeline to businesses in a two-pronged effort to further combat the economic shock from COVID-19.

featured
  • Updated

As the COVID-19 pandemic unfolds, local wineries have had to adapt their services quickly as people are told to stay home and self-isolate.

DUBAI, United Arab Emirates - The head of the United Nations told leaders of the world’s 20 major industrialized nations during an emergency virtual summit Thursday that "we are at war with a virus — and not winning it” despite dramatic measures by countries to seal their borders, shutter bu…

  • Updated

WASHINGTON - Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.

  • Updated

WASHINGTON - The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contraction due to the coronavirus.

Multimedia