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Wall St set to slide at open after jobless claims data
Wall Street's main indexes were set to open lower on Thursday at the end of a strong month for stock markets globally as a grim U.S. jobless claims report overshadowed upbeat results from Facebook and Tesla.
Stocks trim record monthly gains as ECB PEPP talk falls flat
World stocks suffered a slip on their way to record monthly gains on Thursday, as the European Central Bank held back from providing another instant hit of stimulus and millions more Americans filed unemployment claims.
Trump says ex-national security adviser Flynn could return to administration
U.S. President Donald Trump said on Thursday he would consider bringing former U.S. National Security adviser Michael Flynn, a key figure in the probe into Russia's interference in the 2016 election, back into his administration, adding that he was tormented by "dirty cops."

TODAY

Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus
U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as his administration crafted retaliatory measures over the outbreak.
Half of U.S. states easing coronavirus restrictions as jobless numbers grow
As White House economic reopening guidance expired on Thursday after two weeks in place, half of all U.S. states forged ahead with easing restrictions on restaurants, retail and other businesses in hopes of reviving coronavirus-stricken commerce.
Most of U.S. House urges more diplomacy at U.N. to renew Iran arms embargo: sources
Nearly 90% of U.S. House of Representatives members have signed a letter urging the Trump administration to increase its diplomatic action at the United Nations to renew an arms embargo on Iran, congressional sources said on Thursday.
U.S. appeals court rules against Trump attempt to withhold funds from 'sanctuary' cities
A U.S. appeals court on Thursday ruled against a Trump administration attempt to withhold millions of dollars from so-called "sanctuary" jurisdictions that limit cooperation with federal immigration enforcement.
Trump says he could bring back fired ex-national security adviser Flynn
U.S. President Donald Trump said on Thursday he would consider bringing his fired former national security adviser Michael Flynn, a key figure in the probe into Russia's interference in the 2016 election, back into his administration.
Biden to give first interview responding to sexual assault accusation
Presumptive Democratic U.S. presidential nominee Joe Biden for the first time on Friday is set to personally address a former Senate aide's accusation that he sexually assaulted her in 1993 - a claim that his campaign has denied.
Trump says could give job to former national security adviser Flynn
U.S. President Donald Trump said he would consider bringing former national security adviser Michael Flynn, a key figure in the probe into Russia's interference in the 2016 election, back into his administration.
Apple sales inch higher despite coronavirus but CEO Tim Cook sees uncertain future
Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were "headed in the right direction" as that country reopens from the novel coronavirus.
Hundreds protest in Michigan seeking end to governor's emergency powers
Hundreds of protesters, some armed, gathered at Michigan's state Capitol in Lansing on Thursday objecting to Governor Gretchen Whitmer's request to extend emergency powers to combat COVID-19, an appeal Republican lawmakers ignored.
Apple reports higher sales as China reopens after coronavirus but gives no forecast
Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were "headed in the right direction" as that country reopens from the novel coronavirus.
Most of U.S. House wants Trump to shift Iran tactics at U.N., sources say
Nearly 90% of U.S. House of Representatives members have signed a letter urging the Trump administration to change the way it is dealing with the United Nations as it pushes the Security Council to extend an arms embargo on Iran, congressional sources said on Thursday.
About half of U.S. states easing coronavirus restrictions as jobless numbers grow
With initial White House social-distancing guidelines expiring on Thursday, about half the U.S. states were pressing ahead with plans to ease restrictions on businesses and social life, aiming to revive economies stalled by coronavirus while keeping people safe.
Wall St. caps best month in decades with broad sell-off
U.S. stocks lost ground on Thursday as grim economic data and mixed earnings prompted investors to take profits at the close of the S&P 500's best month in 33 years, a remarkable run driven by expectations the economy will soon start recovering from crushing restrictions enacted to curb the coronavirus pandemic.
Global equities dip at end of best month since '09
World equity benchmarks dipped on Thursday to close their best month in 11 years as a rebound in oil prices, encouraging early results from a COVID-19 treatment trial and expectations of more government stimulus helped ease the pain of February and March.
Wall St falls but S&P posts biggest monthly gain in decades
U.S. stocks lost ground on Thursday as grim economic data and mixed earnings prompted investors to take profits at the close of the S&P 500's best month in decades, a remarkable run driven by expectations the economy will soon start recovering from restrictions enacted to curb the coronavirus pandemic.
Sources: Most of U.S. House wants Trump to shift Iran tactics at U.N.
Nearly 90% of U.S. House of Representatives members have signed a letter urging the Trump administration to change the way it is dealing with the United Nations as it pushes the Security Council to extend an arms embargo on Iran, congressional sources said on Thursday.
U.S.' Pelosi mulls $1 trillion for cities, states in next coronavirus relief round
U.S. state and local governments could need close to $1 trillion in aid over several years to cope with the aftermath of the coronavirus pandemic, House Speaker Nancy Pelosi said on Thursday as lawmakers began plotting more coronavirus relief legislation.
Pandemic delays prison for Hot Pockets heir, ex-Pimco CEO in college admissions scandal
An heir to a microwave snack fortune and a former chief executive of investment firm Pimco cannot use the coronavirus pandemic as a reason to avoid prison time for convictions in the U.S. college admissions scandal, a federal judge ruled on Thursday, although they can delay starting their sentences.
Trump fires new volley in war of words with Biden over China
President Donald Trump's re-election campaign plans to roll out a new advertisement targeting Democratic opponent Joe Biden's record on China in must-win states for November's election, doubling down on a tough-on-China argument that helped his successful 2016 campaign.
Special Report: FDA's lax rules on coronavirus blood tests open U.S. market to dubious vendors
As the coronavirus pandemic engulfed the United States, Joe Shia, a consultant to Chinese medical companies, said he was bombarded with inquiries from American firms who saw a golden opportunity in selling tests to determine coronavirus immunity.
Exclusive: Trump brushes off opinion polls showing Joe Biden in lead for president
U.S. President Donald Trump told Reuters on Wednesday he does not believe opinion polls showing his likely Democratic opponent Joe Biden leads him in the 2020 race for the White House.
Wall St. slides on bleak data, capping a banner month
U.S. stocks fell on Thursday as grim economic data and mixed earnings prompted investors to take some profits at the close of Wall Street's best month in decades.
Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources
By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal
Pelosi defends Biden as he faces calls to address sexual assault accusation
U.S. House of Representatives Speaker Nancy Pelosi on Thursday gave a forceful defense of presumptive Democratic presidential nominee Joe Biden as some within her party urged him to directly address a woman's sexual assault accusation against him that his campaign already has denied.
Many Trump nominations already were stalled. The pandemic has made it worse
By now, David Tryon had expected to be a two-year veteran at the Small Business Administration, an agency at the heart of the U.S. government's coronavirus relief effort as it disburses more than $650 billion in loans for struggling small companies.
Wall St. slides on grim jobless data, set for best month in decades
Wall Street's main indexes fell on Thursday after a strong month of gains as millions of more Americans applied for jobless claims, taking the shine off a strong rally this month and eclipsing upbeat results from Facebook and Tesla.
Hundreds protest in Michigan as governor seeks to extend emergency powers
Hundreds of protesters, some armed, gathered inside Michigan's state Capitol in Lansing on Thursday objecting to Governor Gretchen Whitmer's request to extend emergency powers to combat COVID-19, an appeal Republican lawmakers there have opposed.
Buffett likely to finally address pandemic at Berkshire Hathaway meeting
Berkshire Hathaway Inc's annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his cash-rich conglomerate may be to the coronavirus pandemic, and the investment opportunities it offers.
Factbox: Warren Buffett, Berkshire Hathaway at a glance
Warren Buffett's Berkshire Hathaway Inc's annual meeting on May 2 will break with tradition and be held virtually, as the coronavirus pandemic halts large gatherings.
Zoom participant numbers top 300 million despite growing ban list, shares hit record (April 23)
(This story corrects headline and first paragraph in April 23 story after company clarifies it had mistakenly termed the 300 million as users instead of meeting participants)
Pelosi: state, local governments could need $1 trillion for coronavirus costs
U.S. state and local governments could need close to $1 trillion in aid over several years to cope with the aftermath of the coronavirus pandemic, House Speaker Nancy Pelosi said on Thursday.
Fourth stimulus bill may not be needed if states bounce back: White House
A fourth bill to provide stimulus to the U.S. economy may not be needed if states are able to successfully reopen their economies "relatively quickly," as some forecasters and equity markets expect, a White House economic adviser said on Thursday.
New York to hire thousands of contact tracers, reduce subway service to clean trains
New York state will hire thousands of people to trace the contacts of people who test positive for the coronavirus and halt early-hour New York City subway service to disinfect the trains every day, Governor Andrew Cuomo said on Thursday.
Macy's reopening 68 stores, targets all within six weeks as U.S. curbs loosen
Macy's Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of closures.
Millions of Americans continue to seek jobless benefits; consumer spending slumps
Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the novel coronavirus.
Equities dip but remain on pace for best month on record
World equity benchmarks dipped on Thursday yet remained on pace for their best month on record as a rebound in oil prices, encouraging early results from a COVID-19 treatment trial and expectations of more government stimulus helped ease the pain of February and March.
Wall Street falls on grim jobless claims data
U.S. stocks fell on Thursday as millions of more Americans applied for jobless claims, taking the shine off a strong rally this month and eclipsing upbeat results from Facebook and Tesla.
New York governor says may need 'army' of 17,000 to trace contacts of coronavirus patients
New York Governor Andrew Cuomo said on Thursday that he would need an "army" of between 6,400 and 17,000 people to trace the contacts of people who have tested positive for the novel coronavirus as part of a strategy to limit outbreaks.
Trump says his former national security adviser Flynn was tormented by dirty cops
U.S. President Donald Trump said on Thursday his former national security adviser, Michael Flynn, was tormented by "dirty cops" as part of the probe into whether Russia helped Trump win the White House in 2016.
U.S. states, local governments could need nearly $1 trillion for pandemic: Pelosi
U.S. state and local governments could need close to $1 trillion in aid over several years to cope with the aftermath of the coronavirus pandemic, House of Representatives Speaker Nancy Pelosi said on Thursday.
Fed expands 'Main Street' program to firms with up to 15,000 workers
The U.S. Federal Reserve on Thursday widened a key program to nurse the "Main Street" economy through the coronavirus pandemic, agreeing to lend to even larger firms, taking on more risk in participation with banks, and hinting at some form of dedicated help for non-profits.
Fourth stimulus bill may not be needed if states bounce back: White House official
A fourth bill to provide stimulus to the U.S. economy may not be needed if states are able to successfully reopen their economies "relatively quickly," as some forecasters expect, a White House economic adviser said on Thursday.
Exclusive: Trump says China wants him to lose his re-election bid
U.S. President Donald Trump said he believes China's handling of the coronavirus pandemic is proof that Beijing "will do anything they can" to make him lose his re-election bid in November.
Coronavirus death of pregnant woman in federal prison prompts outrage in Congress
Congressional Democrats condemned the federal Bureau of Prisons (BOP) for its treatment of a 30-year-old incarcerated pregnant woman who died this week from COVID-19 after giving birth while on a ventilator, saying more needs to be done to protect vulnerable inmates.
Fed: Main Street program widened to diverse set of new companies
The Federal Reserve expanded its Main Street lending program to be sure it captured larger firms that were still not big enough to tap public capital markets, the central bank said.
U.S. states grapple with reopening as virus forces millions more jobless claims
More than two dozen U.S. states moved ahead with plans to relax restrictions on business and social life, hoping to reverse the economic blows of the coronavirus that caused another 3.84 million Americans to file jobless claims last week.
Nine companies rent U.S. emergency oil reserve space for 23 mln barrels: official
Nine companies including Chevron Corp , Exxon Mobil Corp and Alon USA Inc have agreed to rent space to store 23 million barrels of crude in the U.S. emergency oil reserve, a U.S. official said on Wednesday, as the Trump administration tries to help the industry deal with crashing oil prices.
Macy's reopening 68 stores, targets all within six weeks as U.S. restrictions loosen
Macy's Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of closures.
S&P 500, Dow slip after grim jobless claims data
The S&P 500 and Dow Jones indexes dipped on Thursday as a grim U.S. jobless claims report took the shine off a strong month for stock markets globally, but encouraging quarterly 

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