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US pending home sales trended higher before virus outbreak

Josh Boak, Associated Press  |  Posted Mar 30th - 8:02am

Americans signed more contracts in February to buy homes, but the gains are likely relics of a moment before the coronavirus outbreak sent the U.S. economy spiraling into a likely recession.

Stocks open about 1% higher on Wall Street in more volatile trading amid uncertainty over economic pain of coronavirus

The Associated Press  |  Posted Mar 30th - 7:35am

Stocks open about 1% higher on Wall Street in more volatile trading amid uncertainty over economic pain of coronavirus.

German experts say growth rebound could be relatively quick

The Associated Press  |  Posted Mar 30th - 5:43am

A group of leading economists say Germany, Europe's largest economy, will suffer a deep slump in the first half of this year but should rebound relatively quickly from the disruption of the virus outbreak.

2020 Watch: Will Trump lead by addition or subtraction?

Steve Peoples, Associated Press  |  Posted Mar 30th - 3:29am

Presidential politics move fast. What we're watching heading into a new week on the 2020 campaign:

Spain's hospitals at breaking point as infections pass China

Aritz Parra and David Rising, Associated Press  |  Posted Mar 30th - 3:15am

Spain overtook China on Monday in confirmed coronavirus infections as the pandemic stretched scores of Spanish hospitals to their breaking point. As confirmed virus deaths in New York surpassed 1,000, President Donald Trump extended stay-at-home recommendations for a month in an abrupt turnaround.

Bangladesh garment makers say $3B in orders lost to virus

Julhas Alam, Associated Press  |  Posted Mar 30th - 2:59am

Bangladesh garment manufacturers says fashion retailers have cancelled or put on hold more than $3 billion in orders due to the coronavirus outbreak, though a handful have agreed to pay anyway.

Update on the latest in business:

The Associated Press  |  Posted Mar 30th - 2:03am

Asian markets have started the week with fresh losses as countries report surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world.

The Latest: Prince Charles ends isolation period for virus

The Associated Press  |  Posted Mar 30th - 1:49am

Prince Charles has ended his period of isolation after testing positive for the coronavirus.

Trump uses wartime act but GM says it’s already moving fast

Tom Krisher, Associated Press  |  Posted Mar 30th - 1:00am

Twelve days ago, General Motors put hundreds of workers on an urgent project to build breathing machines as hospitals and governors pleaded for more in response to the coronavirus pandemic.

City at center of China's virus outbreak gradually revives

Han Guan and Joe McDonald, Associated Press  |  Posted Mar 30th - 12:56am

Shopkeepers in the city at the center of China's virus outbreak were reopening Monday but customers were scarce after authorities lifted more of the anti-virus controls that kept tens of millions of people at home for two months.

Stocks inch up amid uncertainty about virus toll; oil falls

The Associated Press  |  Posted Mar 30th - 12:00am

U.S. stocks are shaky in early trading on Monday, as markets around the world made tentative moves amid all the uncertainty about whether global authorities can do enough to nurse the economy through the coronavirus outbreak.

Coronavirus response highlights deepening partisan divide

Steve Peoples, Associated Press  |  Posted Mar 29th - 10:26pm

In Los Angeles, Mayor Eric Garcetti has instituted a shutdown on a city of nearly 4 million people and threatened uncooperative business owners with power shutoffs and arrest.

Instacart workers seek strike as jobs get busier, riskier

Alexandra Olson and Curt Anderson, Associated Press  |  Posted Mar 29th - 10:01pm

A possible strike by Instacart workers highlights the impact of the coronavirus outbreak on the grocery delivery business, where workers are worried about their safety as they try to meet a surge in demand for online groceries.

Asian shares extend losses as toll from pandemic surges

Elaine Kurtenbach, Associated Press  |  Posted Mar 29th - 8:52pm

Asian shares started the week with fresh losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world.

Instacart workers seek strike as jobs get busier, riskier

Alexandra Olson and Curt Anderson, Associated Press  |  Posted Mar 29th - 5:10pm

A possible strike by Instacart workers highlights the impact of the coronavirus outbreak on the grocery delivery business, where workers are worried about their safety as they try to meet a surge in demand for online groceries.

California prepares for coronavirus surge in week ahead

Daisy Nguyen and Stefanie Dazio, Associated Press  |  Posted Mar 29th - 3:23pm

The mayor of the nation's second-largest city warned that the coronavirus may become so pervasive, families ought to prepare for how they will isolate themselves at home without infecting others in their households.

Hawaii tourism grinds to halt as virus restrictions tighten

Caleb Jones, Associated Press  |  Posted Mar 29th - 2:48pm

Like many cities across the world, Honolulu came to an eerie standstill this weekend as officials implemented measures to slow the spread of the coronavirus pandemic throughout the islands.

Hundreds at Louisiana church flout COVID-19 gatherings ban

Stacey Plaisance, Associated Press  |  Posted Mar 29th - 11:51am

Hundreds of worshippers attended services at a Louisiana church on Sunday, flouting a ban on large gatherings, angering neighbors and seemingly turning a deaf ear to their governor, who once again warned that hospitals could soon be overwhelmed with new cases of the coronavirus.

Visa extends athlete sponsorship to 2021 after Olympic delay

Rob Harris, Associated Press  |  Posted Mar 29th - 11:12am

a quadruple gold medalist at the Rio de Janeiro Games — and two-time defending 800-meter Olympic champion David Rudisha.