Millions filed for U.S. unemployment – many are still waiting for the cash

By Jonnelle Marte and Andy Sullivan (Reuters) – A shocking 16.8 million people filed for U.S.…

Treasury briefing U.S. airlines on $32 billion grant program: sources

By David Shepardson and Tracy Rucinski WASHINGTON/CHICAGO (Reuters) – U.S. Treasury Secretary Steven Mnuchin is holding…

Trump says Mexico will commit to cut oil production

WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that Mexico has committed to cuts…

U.S. agencies back revoking ability of China Telecom to operate in U.S.

By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department and other federal agencies on Thursday…

Johnson & Johnson abandons deal for Takeda’s TachoSil surgical patch

WASHINGTON (Reuters) – Johnson & Johnson <JNJ.N> said on Friday it abandoned plans to buy Takeda…

March U.S. deficit shrinks, but virus budget storm seen in April

WASHINGTON (Reuters) – The March U.S. budget deficit shrank to $119 billion from $147 billion a…

Fed’s Quarles: “Main Street” loans like two to three weeks off as details finalized

WASHINGTON (Reuters) – Federal Reserve vice chair Randal Quarles said Friday that it would probably be…

Fed’s Mester says policymakers want to prevent ‘lasting damage’ to the economy

(Reuters) – The U.S. economy was on a strong footing before the coronavirus pandemic and Federal…

Mnuchin, Congress leaders to hold new talks on next coronavirus aid bill

By Richard Cowan WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin and congressional leaders will hold…

Apple, Google to create contact tracing technology to fight coronavirus spread

By Stephen Nellis and Paresh Dave (Reuters) – Apple Inc <AAPL.O> and Alphabet Inc’s <GOOGL.O> Google…