With the U.S. economy in shambles due to the novel coronavirus pandemic, Latina workers have suffered the worst job losses, with 19 percent reporting being unemployed in May. Latinx Americans are also among the groups most likely to contract COVID-19…
By Christopher Rugaber, Joyce M. Rosenberg, Associated Press
The Treasury Department on Monday released the names of more than 650,000 companies that received funds from the government's small business lending program, a massive effort intended to support the economy as states shut down in April to contain the…
By Frank Jordans, Associated Press
German lawmakers have finalized the country's long-awaited phase-out of coal as an energy source, backing a plan that environmental groups say isn't ambitious enough.
The Labor Department’s June jobs report seems to reflect a strengthening economy. After all, businesses across the country reopened during that month. But now coronavirus cases are soaring, raising questions about how we can have a functioning U.S. economy without…
By Paul Solman
Long before the coronavirus pandemic, manufacturing in the U.S. was transformed -- and with it, daily life. Now COVID-19 is delivering a new blow to the industry. But some companies are pivoting to create the personal protective equipment that the…
By Sarah El Deeb, Associated Press
Major retailers in Lebanon announced they will temporarily close in the face of an increasingly volatile currency market and their inability to set prices while the Lebanese pound plunges against the dollar.
By Christopher Rugaber, Associated Press
U.S. employers added a substantial 4.8 million jobs in June, as the job market improved for a second straight month.
By Lisa Marie Pane, Associated Press
Historic numbers of background checks to purchase or possess a firearm have been conducted in June. It's just the latest month with record-breaking numbers since the system was created in 1998.
By Matthew Daly, Associated Press
The bill also authorizes more than $100 billion to expand internet access for rural and low-income communities and $25 billion to modernize the U.S. Postal Service.
By Martin Crutsinger, Associated Press
Fed officials noted that the crisis was not falling equally on all Americans. The minutes say officials discussed how the sharp rise in joblessness had been especially severe for lower-wage workers, women, African Americans, and Hispanics.
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