Economy Aug 11 Virus surges make U.S. weak link in global economic recovery China is up and running and Europe is bouncing back. Businesses that sell to the U.S are wondering and hoping when the U.S. economy will get back into the game.
Economy Aug 06 Laid-off workers endure loss of $600 aid calling it a ‘nightmare’ Even if Congress does reach a deal, the extra unemployment amount is likely to be less than $600. By the time the money starts flowing, it could be too late for many Americans who are already in dire straits.
Economy Aug 06 1.2 million seek jobless aid after $600 federal checks end WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired. The Labor Department’s report…
Economy Jul 30 Record economic plunge, bleak jobs numbers reveal virus toll The coronavirus pandemic sent the U.S. economy plunging by a record-shattering 32.9% annual rate last quarter. It is still inflicting damage across the country, squeezing already struggling businesses and forcing a wave of layoffs that shows no sign of abating.
Economy Jun 30 As virus roars back, so do signs of a new round of layoffs A resurgence of confirmed COVID cases across the South and West is endangering hopes for an economic rebound in the region and perhaps nationally.
Economy Jun 17 WATCH: U.S. seeks lower tariffs overseas, fewer duty-free imports The Trump administration plans to carry on with its confrontational approach to world trade, pressuring other countries to lower their tariffs on U.S. products and perhaps making it harder for imports to enter the United States duty free.
Economy May 01 U.S. manufacturing falls in April as virus ravages economy U.S. manufacturing retreated again in April, a victim of economic fallout from the coronavirus outbreak.
World Apr 14 IMF: Global economy will suffer worst year since Depression Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
Nation Apr 13 Short-term financial aid may not be enough during pandemic Will the U.S. remain an outlier among wealthy countries in providing limited protections for the financially vulnerable? Or will it expand the social safety net, as it did after the Great Depression of the 1930s?…
Economy Apr 06 After virus fades, service industries may be changed forever he coronavirus crisis is upending service businesses, and the crisis may permanently change the way Americans work, shop and socialize, even after the disease fades away.