Finance

Yet that access may make the biggest difference when it comes to closing the gap between traditional and nontraditional workers’ retirement income. “There’s usually a way to pick up health insurance one way or another, through a spouse or the A.C.A.,” Dr. Munnell said, referring to the Affordable Care Act. “But it’s very hard to […]

BEIJING — The world is opening its wallet to fight the effects of the coronavirus outbreak. The United States unveiled a $2 trillion rescue package. European countries have announced their own spending blitz, and Japan approved a nearly $1 trillion economic stimulus plan. Then there’s China. The country that famously helped kick-start the world economy

DUBAI, United Arab Emirates — The Champagne corks no longer pop at Dubai’s infamous alcohol-soaked brunches. The blaring flat-screen televisions stand silent in the sheikhdom’s sports bars. And the city-state’s pubs have shrink-wrapped their now-idle beer taps. This skyscraper-studded desert metropolis on the Arabian Peninsula has long been one of the wettest places in the

BANGKOK — Shares were mostly higher in Asia on Thursday though Japan’s benchmark fell as local leaders sparred with Prime Minister Shinzo Abe’s government over measures to contain the coronavirus outbreak. After a 3.4% overnight rally on Wall Street, markets advanced in Hong Kong, Sydney and Shanghai. Investors seem reassured by signs that deaths and

The steep drop in air travel is passing a milestone By DAVID KOENIG AP Airlines Writer April 9, 2020, 4:25 AM 4 min read 4 min read Share to FacebookShare to TwitterEmail this article The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people

The government is set to report another shocking level of unemployment claims Thursday even after nearly 10 million people applied for benefits in the previous two weeks because of business shutdowns from the coronavirus By CHRISTOPHER RUGABER AP Economics Writer April 9, 2020, 12:09 AM 4 min read WASHINGTON — The government is set to

WASHINGTON — Congress is rushing headlong into a conflict over the next coronavirus aid package as the White House wants to pump $250 billion into a small business fund but opposes Democrats’ proposal to tack on billions for protective gear, food stamps and support to state and local governments. An attempt for a Thursday vote

Enbridge is seeking state and federal permits to build an oil pipeline beneath the waterway linking Lakes Huron and Michigan By JOHN FLESHER AP Environmental Writer April 8, 2020, 10:12 PM 3 min read 3 min read Share to FacebookShare to TwitterEmail this article TRAVERSE CITY, Mich. — Enbridge Inc. applied Wednesday for state and

Federal Reserve officials saw the coronavirus as a risk that made the economic outlook “profoundly uncertain” when they chose to slash interest rates to near zero in early March. Minutes from the Fed’s March 15 meeting, released on Wednesday, offer a glimpse at the conversations behind the central bank’s early response to the economic effects

Federal Reserve officials pledged at two emergency meetings last month to use their full arsenal to bolster the U.S. economy being brought to its knees by the coronavirus outbreak By MARTIN CRUTSINGER AP Economics Writer April 8, 2020, 8:37 PM 3 min read 3 min read Share to FacebookShare to TwitterEmail this article WASHINGTON —