Recessions and depressions
FILE - In this Aug. 7, 1932, file photo, American athlete Jean Shiley, from Philadelphia and captain of the U.S. Women's track and field team, clears the bar at 5 feet, 5 ¼ inches to break the Olympic and world record during at Olympic Stadium in Los Angeles, during the Summer Olympic Games. (AP Photo/File)
Los Angeles' first Olympics set template for future Games

By Joe Reedy Jul. 30, 2020 02:28 PM EDT

FILE - In this March 30, 2020, file photo, a man jogs past the Olympic rings in Tokyo. The chief executive of the Tokyo Olympics has promised “transparency” on Thursday, April 23, 2020, with the Japanese public over the cost of postponing the games until next year. Neither the Japanese Olympic organizers nor the International Olympic Committee has said what it will cost. Early estimates in Japan range between $2 billion and $6 billion. (AP Photo/Jae C. Hong, File)
Tokyo Olympic CEO promises 'transparency' over cost of delay

By Stephen Wade Apr. 23, 2020 08:01 AM EDT

Tokyo 2020 Organizing Committee President Yoshiro Mori, left, and CEO Toshiro Muto, right, attend teleconference with International Olympic Committee member John Coates, who heads the inspection team for Tokyo Olympics, in Tokyo Thursday, April 16, 2020. Tokyo Olympic organizers and the IOC said Thursday they will cut some of the extras out of next year’s postponed games, an attempt to limit what is expected to be billions of dollars in added expenses.(Kazuhiro Nogi/Pool Photo via AP)
Tokyo Games won't provide much economic stimulus for Japan

By Stephen Wade Apr. 17, 2020 01:12 AM EDT

"For Sale By Owner" and "Closed Due to Virus" signs are displayed in the window of Images On Mack in Grosse Pointe Woods, Mich., Thursday, April 2, 2020. The coronavirus outbreak has triggered a stunning collapse in the U.S. workforce with 10 million people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world. (AP Photo/Paul Sancya)
You've just lost your job? Here's what you need to know

By Christopher Rugaber And Sarah Skidmore Sell Apr. 02, 2020 05:35 PM EDT

Mexican economy may contract by 4 to 8% in 2020

Apr. 02, 2020 04:35 PM EDT
MEXICO CITY (AP) — Mexico's Treasury predicted Thursday that the country's economy will contract by as much as 3.9% in 2020 the face of the spreading COVID-19...

Jobless claims accelerate rapidly in Virginia due to virus

By Matthew Barakat Apr. 02, 2020 03:17 PM EDT
FALLS CHURCH, Va. (AP) — Nearly 115,000 Virginians filed for unemployment benefits last week, more than doubling the already unprecedented figures from the...

Colorado's virus-related jobless claims continue their surge

By James Anderson Apr. 02, 2020 02:30 PM EDT
Colorado unemployment claims triggered by coronavirus-related job losses continue their surge, with last week’s initial claims roughly eight times the highest...

Pat Marmo, owner of Daniel J. Schaefer Funeral Home, walks through a viewing room set up to respect social distancing, Thursday, April 2, 2020, in the Brooklyn borough of New York. He and other funeral directors are seeing a surge of clients because of the coronavirus pandemic. (AP Photo/John Minchillo)
'We need help': Economic, health crises grow as cases top 1M

By Michael R. Sisak, Lori Hinnant And Mark Sherman Apr. 02, 2020 02:16 PM EDT

FILE - In this March 13, 2020 file photo, unionized hospitality workers wait in line in a basement garage to apply for unemployment benefits at the Hospitality Training Academy in Los Angeles. More than 6.6 million Americans applied for unemployment benefits last week, far exceeding a record high set just last week, a sign that layoffs are accelerating in the midst of the coronavirus. (AP Photo/Marcio Jose Sanchez, File)
A record 10 million sought US jobless aid in past 2 weeks

By Christopher Rugaber Apr. 02, 2020 11:57 AM EDT