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The Latest: China tests millions in port over virus cluster
BEIJING — Authorities in China’s northeastern port city of Dalian are testing millions of residents after seven new coronavirus cases were reported there in the last 24 hours.
What now for British economy with UK-EU trade deal reached?
LONDON (AP) — The last-minute trade deal between the U.K. and the European Union means businesses will be spared new tariffs and border disruption at the start of the new year - an economic shock that would have compounded the employment and financial troubles inflicted by the pandemic.
Millennial Money: How to discuss family finances in a crisis
With 10.7 million Americans out of work
Italy enters Christmas lockdown amid signs of resurgence
ROME (AP) — Police in Italy enforced new COVID-19 travel restrictions aimed at limiting Christmas get-togethers involving far-flung family members as public health officials appealed Thursday for a “drastic reduction" in social contacts to prevent new infections over the holidays.
Consumer spending drops 0.4%, first decline since April
WASHINGTON (AP) — U.S. consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus.
US layoffs remain elevated as 803,000 seek jobless aid
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
Asian markets advance after S&P 500 snaps losing streak
Asian shares were mostly higher on Thursday after stocks eked out small gains on Wall Street following a mixed set of reports on the economy.
What the new COVID relief package means for your money
A second wave of federal coronavirus relief totaling $900 billion could begin flowing to millions of Americans as soon as the year’s end, nearly nine months after Congress passed the original
Coronavirus dampens Christmas joy in Bethlehem and elsewhere
BETHLEHEM, West Bank (AP) — Bethlehem on Thursday ushered in Christmas Eve with a stream of joyous marching bands and the triumphant arrival of the top Catholic clergyman in the Holy Land, but few people were there to greet them as the coronavirus pandemic and a strict lockdown dampened celebrations in the traditional birthplace of Jesus.
Benchmark U.S. 30-year mortgage drops to record low 2.66%
WASHINGTON (AP) — U.S. long-term mortgage rates dropped this week to a record low for the 16th time in 2020, reflecting an economy hard hit by the coronavirus pandemic.
California COVID-19: 2 million confirmed cases and counting
LOS ANGELES (AP) — California became the first state to record 2 million confirmed coronavirus cases, reaching the milestone on Christmas Eve as nearly the entire state was under a strict stay-at-home order.
Sorry, Grinch. Virus won't stop NORAD from tracking Santa
WASHINGTON (AP) — Children of the world can rest easy. The global pandemic won't stop them from tracking Santa Claus' progress as he delivers gifts around the globe on Christmas Eve.
Timeline of events in Britain's exit from the European Union
LONDON (AP) — A timeline of key events related to Britain’s decision to leave the European Union:
Michael Jackson's Neverland Ranch sold to billionaire
LOS ANGELES (AP) — Michael Jackson’s Neverland Ranch in California has found a new owner in billionaire businessman Ron Burkle.
COVID-19 pandemic voted top story of 2020 in Kentucky
LOUISVILLE, Ky. (AP) — The unrelenting coronavirus pandemic has been voted the top news story of 2020 in Kentucky.
Moroccan journalist appears before judge on espionage charge
RABAT, Morocco (AP) — A prominent Moroccan journalist and activist appeared before an investigating judge in Casablanca on Thursday to face charges of spying in a case that has raised concerns over press freedoms in the North African kingdom.
A season of fear, not cheer, as virus changes Christmas
Montserrat Parello lost her husband eight years ago, and Christmas gatherings with children and grandchildren had helped her deal with her loneliness. But this year, the 83-year-old will be alone for the holiday at her home in Barcelona, due to the risk of infection from the coronavirus.
Some businesses thrived, many lagged during pandemic in 2020
By March 23, Apple had lost $435 billion in market value in about five weeks and many of its retail outlets were shut as the virus pandemic
Asia Today: South Korea's cases, COVID-19 deaths spike again
South Korea has added another new 1,092 infections of the coronavirus in a resurgence that is erasing hard-won epidemiological gains and eroding public confidence in the government’s ability to handle the outbreak.
McMaster extends state of emergency for COVID-19 into 2021
COLUMBIA, S.C. (AP) — South Carolina will start the new year under a state of emergency for the coronavirus pandemic after an order issued by Gov. Henry McMaster Thursday.