Coronavirus could burst big-city rent bubble

The gridlocked coronavirus economy could upend housing from coast to coast, bursting national apartment rents that have risen by 150 percent over the last decade, experts say. Yet the situation will likely do little to alleviate the housing crisis, because…

Crucial deal to cut oil production hangs in the balance as Mexico balks

A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share of the cuts after a marathon meeting between the oil-producing nations that lasted more than nine…

‘Unreasonable’ New Hampshire voter registration law struck down

A New Hampshire judge dismissed a state law that opponents said made it more complicated for students to register to vote, calling it “unconstitutional,” “discriminatory” and “unreasonable.” New Hampshire remains a general election swing state, and after having lost by…

Arteta: Arsenal have a plan for transfer window

Arsenal boss Mikel Arteta has revealed that the Gunners have plenty of plans in place for the transfer window, whenever that is, as the transfer news and rumors churn on. [ VIDEO: Premier League highlights ]  Due to the Premier…

‘We all want to avoid a false start,’ says Fed Chair Powell on reopening the economy

Federal Reserve Chairman Jerome Powell addressed the severity of the economic downturn brought about by the coronavirus pandemic, in a speech Thursday morning just hours after the central bank announced a new multitrillion-dollar round of emergency measures. “This is going…

Brazil’s doctors fight coronavirus — and the president’s inactions, misinformation

Patients with severe COVID-19 symptoms have been arriving at Dr. Joao Miori’s hospital in ever increasing numbers this past week, requiring intubation, ventilation and days of intensive care before they either die or recover enough to be discharged. Miori, 29,…

Taiwan’s coronavirus success bolsters case for joining WHO, experts say

TAIPEI, Taiwan — A dispute over whether Taiwan warned the World Health Organization about human-to-human transmission of the coronavirus before China did has renewed calls to allow the island to join the organization, over the strong objections of Beijing. The…

Potential oil deal between Saudi Arabia and Russia could lift gloom over U.S. energy sector

Oil prices jumped on Thursday on reports that Saudi Arabia and Russia have reached a deal on production cuts at an emergency meeting between the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+. For more than…

Wall Street soars after Federal Reserve announces new $2.3 trillion emergency plan

The Dow Jones Industrial Average surged by 300 points at the opening bell on Thursday, after the Federal Reserve announced $2.3 trillion in emergency programs to shore up the economy. The S&P 500 and tech-heavy Nasdaq also opened higher on…

Report: Texas won’t run opener without fans

Texas Motor Speedway is slated to open the NTT IndyCar Series’ revised 2020 season on Saturday, June 6, but the race apparently is in jeopardy if fans can’t attend. Track president Eddie Gossage told multiple media outlets that the track…