The number of Americans filing for unemployment benefits because of the coronavirus has soared past 30 million, worsening a crisis unmatched since the 1930s and turning up the pressure on political leaders to lift restrictions that are choking the economy. Government figures released...

Spain recorded its lowest daily coronavirus death tally in six weeks on Thursday, but data showing the economy shrank by the widest margin on record in the first three months of the year laid bare the heavy cost of measures to control the outbreak. Spain has had one of the world’s worst...

Japan is preparing to extend its state of emergency over the novel coronavirus, originally set to end on May 6, for about a month, government sources told Reuters on Thursday, even as some other countries begin to reopen after strict lockdowns. Japanese Prime Minister Shinzo Abe told...

Oil prices jumped on Thursday, buoyed by signs that the U.S. crude glut is not growing as quickly as expected and that fuel demand battered by COVID-19 restrictions is starting to pick up. West Texas Intermediate (WTI) crude futures CLc1 climbed to a high of $17.75 a barrel and were up...