Financial Crisis

The Latest: Trump says he'll act to increase swab production
Apr 20, 2020

The Latest: Trump says he'll act to increase swab production

President Donald Trump says he will use the Defense Production Act to increase manufacturing of swabs used to test for the coronavirus


Global health crisis pits economic against health concerns
Apr 20, 2020

Global health crisis pits economic against health concerns

Governments locking down their countries to hinder the spread of the coronavirus and citizens anxious to see businesses and other economic activity resume are increasingly at odds


The Latest: More than 1 million European cases of virus
Apr 19, 2020

The Latest: More than 1 million European cases of virus

The European Center for Disease Control says the continent now has more than 1 million confirmed cases and almost 100,000 deaths from the new coronavirus


How COVID-19 payment accommodations may affect your credit
Apr 19, 2020

How COVID-19 payment accommodations may affect your credit

Many businesses are offering relief on bills to those affected by the COVID-19 pandemic and its economic fallout


Landmark Lebanese hotel folds amid virus, economic crisis
Apr 18, 2020

Landmark Lebanese hotel folds amid virus, economic crisis

An executive says one of Lebanon’s landmark hotels that survived the country’s bloody 15-year civil war and various other bouts of fighting has closed its doors


Nations debate easing lockdown as economic hardship grows
Apr 18, 2020

Nations debate easing lockdown as economic hardship grows

Governments around the world are wrestling with when and how to lift economically painful virus-control measures as unemployment rises and rent payments come due


The Latest: France's parliament approves emergency budget
Apr 18, 2020

The Latest: France's parliament approves emergency budget

France’s lower house of parliament has approved an emergency budget overnight


Venezuela's go-to test for fighting virus raising questions
Apr 17, 2020

Venezuela's go-to test for fighting virus raising questions

Venezuelan officials have taken to state TV in recent weeks to crow that the socialist government is conducting more coronavirus tests than any other country in Latin America


Poorer nations face bigger risk in easing virus restrictions
Apr 17, 2020

Poorer nations face bigger risk in easing virus restrictions

Countries are considering how to ease coronavirus restrictions and start taking gradual steps toward reviving businesses and daily life


Stocks rise as Wall St. nears 1st back-to-back weekly gain
Apr 17, 2020

Stocks rise as Wall St. nears 1st back-to-back weekly gain

Stocks are rising at the opening of trading on Wall Street Friday as investors rally around signs that more governments are planning phased re-openings of their economies



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.