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US long-term mortgages fall; 30-year at 3.33%

The Associated Press  |  Posted Apr 3rd - 2:20pm

U.S. long-term mortgage rates fell this week for the second straight week as anxiety has spiraled over devastation to the economy from the coronavirus pandemic.

Stocks close lower on Wall Street after latest grim reading on job losses due to coronavirus outbreak spooks investors

The Associated Press  |  Posted Apr 3rd - 2:01pm

Stocks close lower on Wall Street after latest grim reading on job losses due to coronavirus outbreak spooks investors.

Virus cost may top $4 trillion; Americans arm up on guns

The Associated Press  |  Posted Apr 3rd - 12:47pm

along with most other brews across Mexico.

Marvel remakes release calendar; 'Mulan' moves to late July

Jake Coyle, Associated Press  |  Posted Apr 3rd - 12:39pm

The Walt Disney Co. on Friday overhauled its release schedule by moving the dates of half a dozen Marvel movies, announcing a new one for the live-action adaption of “Mulan” and pushing one movie, “Artemis Fowl,” to Disney Plus, in response to the coronavirus pandemic.

Group holding immigrant children settles ex-employee claim

The Associated Press  |  Posted Apr 3rd - 12:30pm

The U.S. Department of Justice says a Texas-based organization that runs facilities to hold immigrant children has settled a retaliation claim from an ex-employee.

Putin suggests sizable oil production cut as prices fall

The Associated Press  |  Posted Apr 3rd - 12:28pm

Russian President Vladimir Putin says he supports cutting oil production by about 10 million barrels a day to shore up falling prices.

McConnell: Health care tops list for next virus aid bill

Lisa Mascaro and Andrew Taylor, Associated Press  |  Posted Apr 3rd - 12:03pm

Senate Majority Leader Mitch McConnell said Friday that health care must be at the “top of the list” in the next coronavirus rescue package.

Update on the latest business

The Associated Press  |  Posted Apr 3rd - 11:49am

Stocks are falling again on Wall Street, putting the market on track for its third losing week in the last four.

Russia detains activists trying to help hospital amid virus

Daria Litvinova, Associated Press  |  Posted Apr 3rd - 10:57am

An activist doctor who had criticized Russia's response to the coronavirus outbreak was forcibly detained as she and some of her colleagues tried to deliver protective gear to a hospital in need.

Grains mixed, livestock mixed.

The Associated Press  |  Posted Apr 3rd - 10:16am

Grain futures were mixed Friday in early trading on the Chicago Board of Trade. Wheat for May delivery was up 7.20 cents at $5.5140 a bushel; May corn was off 2.40 cents at $3.33 a bushel; May oats rose 10.60 cents at $2.71 a bushel; while May soybeans fell 7.40 cents at 8.54 a bushel.

Democrats elevate health care as virus-era campaign argument

Alexandra Jaffe, Associated Press  |  Posted Apr 3rd - 9:11am

Democrats are zeroing in on health care as one of the few issues that might resonate among Americans who have largely shelved election year politics as they focus on protecting their families from the spreading coronavirus.

Tribeca Film Festival to proceed, in part, online

Jake Coyle, Associated Press  |  Posted Apr 3rd - 9:00am

The Tribeca Film Festival, postponed by the pandemic, is moving some elements of its annual New York event online.

Small biz rescue off to slow start; some banks not ready

Ken Sweet, Joyce M. Rosenberg and Ryan J. Foley, Associated Press  |  Posted Apr 3rd - 8:34am

The federal government's relief program for small businesses is off to a slow start Friday, with only some businesses able to apply and several banks either not accepting applications or seeing long waits to do approvals.

US service sectors slows in March

Martin Crutsinger, Associated Press  |  Posted Apr 3rd - 8:33am

Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the coronavirus.

With parks closed, Disney starts furloughs in 2 weeks

Mike Schneider, Associated Press  |  Posted Apr 3rd - 8:28am

Saying they don't know when they'll be able to re-open many of their businesses with the coronavirus spreading, Walt Disney Co. officials announced they will start furloughing some workers in two weeks at its theme parks resorts in Florida and California.

Activity in the US service sector slows in March to an index reading of 52.5 with bigger virus-related slowdown expected

The Associated Press  |  Posted Apr 3rd - 8:15am

Activity in the US service sector slows in March to an index reading of 52.5 with bigger virus-related slowdown expected.

Cuban docs fighting coronavirus around world, defying US

Andrea RodrÍguez, Associated Press  |  Posted Apr 3rd - 8:00am

For two years the Trump administration has been trying to stamp out one of Cuba’s signature programs __ state-employed medical workers treating patients around the globe in a show of soft power that also earns billions in badly needed hard currency.

As Africa locks down, some deliveries of aid are threatened

Cara Anna, Associated Press  |  Posted Apr 3rd - 7:12am

More than half of Africa’s 54 countries have closed their land, air and sea borders to fight the spread of the coronavirus, authorities said Friday, but fears are growing that the restrictions are delaying deliveries of critical aid.

What you need to know today about the virus outbreak

The Associated Press  |  Posted Apr 3rd - 7:05am

one of the most aggressive steps yet in the U.S. to relieve severe shortages of equipment needed to fight the scourge.