Finance

Japan’s Prime Minister Shinzo Abe has declared a state of emergency for Tokyo and six other prefectures to ramp up defenses against the spread of the coronavirus By MARI YAMAGUCHI Associated Press April 7, 2020, 10:05 AM 4 min read 4 min read Share to FacebookShare to TwitterEmail this article TOKYO — Japan’s Prime Minister […]

A few years ago, the kind of double-digit drop in oil and gas prices the world is experiencing now because of the coronavirus pandemic might have increased the use of fossil fuels and hurt renewable energy sources like wind and solar farms. That is not happening. In fact, renewable energy sources are set to account

TOKYO — Asian shares rose Tuesday, echoing the rally on Wall Street, amid a few glimmers of hope that the coronavirus pandemic could be slowing. Japan’s benchmark Nikkei 225 gained 2.0% to finish at 18,950.18, while South Korea’s Kospi gained 1.9% to 1,825.42. Hong Kong’s Hang Seng added 1.5% to 24,092.69, while the Shanghai Composite

WASHINGTON — Ceri Weber had just begun to defend her dissertation when the chaos began: Echoes and voices interrupted her. Someone parroted her words. Then Britney Spears music came on, and someone told Weber to shut up. Someone threatened to rape her. Hackers had targeted the meeting on the video conference platform Zoom while Weber

Closing prices for crude oil, gold and other commodities, and foreign exchange levels April 6, 2020, 8:25 PM 1 min read Benchmark crude oil fell $2.26 to settle at $26.08 a barrel Monday. Brent crude oil, the international standard, fell $1.06 to $33.05 a barrel. Wholesale gasoline rose 1 cent to 70 cents a gallon.

In a veiled swipe Monday at the Trump administration, JPMorgan Chase CEO Jamie Dimon blamed poor planning for the COVID-19 crisis. In an annual letter to shareholders, Dimon said, “As a nation, we were clearly not equipped for this global pandemic, and the consequences have been devastating.” Dimon predicted a “bad recession” as the fallout. The worst-case

Stocks closed broadly higher on Wall Street Monday, propelling major indexes up more than 7%, as traders cheered glimmers of hope that the deadliness of the coronavirus outbreak could be slowing in some of the hardest-hit areas April 6, 2020, 8:40 PM 2 min read Stocks closed broadly higher on Wall Street Monday, propelling major

NEW YORK — Small business owners hoping for quick loans from the government were in a holding pattern Monday — waiting on their bank to either take their application or, if it did, send them the money. Business owners began submitting applications to banks, credit unions and other financial institutions late last week, or at

On Saturday, Mr. Trump acknowledged that his use of the act was a form of “retaliation” against these companies. “If people don’t give us what we need for our people, we’re going to be very tough, and we’ve been very tough,” he said. “Usually, we don’t have to use it, but we’ve used it plenty.

WASHINGTON — For years, personal trainer Amanda Tikalsky didn’t have to worry much about her job. The U.S. economy’s record-breaking 11-year expansion offered security to service workers like her. Then came the coronavirus, which closed the Milwaukee athletic club where she worked for 15 years. She scrambled to organize online exercise sessions to keep money