Business Stories from June 3, 2020 (Change date)
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Closing prices for crude oil, gold and other commoditiesJun 03, 2020 3:01 pm - Benchmark U.S. crude oil for July delivery rose 48 cents to settle at $37.29 a barrel Wednesday. Brent crude oil for August delivery rose 22 cents to $39.79 a barrel. Wh...
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US job losses in May could raise 3-month total to 30 millionJun 03, 2020 2:31 pm - WASHINGTON (AP) - The epic damage to America's job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment rep...
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Asia markets mixed after Wall Street rises on better US dataJun 03, 2020 11:01 pm - Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shangha...
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Cinema chain AMC warns it may not survive the pandemicJun 05, 2020 6:54 am - Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing mor...
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Hints of economic reawakening amid mass, civic unrestJun 03, 2020 7:31 pm - The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global...
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US service sector contracts for second month in MayJun 04, 2020 2:05 pm - WASHINGTON (AP) - The U.S. services sector shrank for a second month in May as the coronavirus pandemic triggered shutdowns and layoffs around the country. Activity did ...
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Bank of England reminds banks of 'no deal' Brexit riskJun 03, 2020 8:00 am - LONDON (AP) - The Bank of England is reminding British banks to prepare for the possibility that the U.K. and the European Union will fail to agree on a trade deal by th...
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Grains mostly higher,livestock mixedJun 03, 2020 3:01 pm - Wheat for Jul. rose 4 cents at 5.12 a bushel; Jul. corn was off .25 cent at 3.24 a bushel, Jul. oats was up 3.50 cents at $3.3175 a bushel; while Jul. soybeans gained 7 ...
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Pandemic brings 1st Australian recession in 29 yearsJun 03, 2020 5:30 am - CANBERRA, Australia (AP) - The coronavirus pandemic pushed Australia's economy into recession for the first time in 29 years in the first quarter of the year, and the si...
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Illinois becomes first to tap Fed loansJun 08, 2020 8:18 am - Illinois, which has faced escalating penalties in the bond market as the coronavirus batters its finances, is poised to become the first state to borrow from the Federal...