Jun 08 A U.S. recession began in February in the face of coronavirus, say economists By Christopher Rugaber, Associated Press The U.S. economy entered a recession in February, a group of economists declared Monday, ending more than a decade of steady if slow growth. Continue reading
Jun 08 WATCH: White House press secretary holds news briefing By Justin Stabley and Associated Press White House Press Secretary Kayleigh McEnany is expected to hold a press briefing Monday. Continue reading
Jun 08 WATCH: New York City mayor holds press conference as city reopens By Associated Press After bleak months, New York, the corner of the U.S. hit hardest by the coronavirus, gradually began reopening Monday. Continue reading
Jun 08 Most stocks on Wall Street rise again on hopes for economy By Associated Press The Dow Jones Industrial Average was up 248 points, or 0.9%, at 27,359, as of 10:52 a.m. Eastern time, and the Nasdaq composite was up 0.2%. Continue reading
Jun 08 BP to cut 10,000 jobs worldwide amid virus pandemic By Associated Press Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP's global workforce of 70,000 people and come mostly this year. Continue reading
Jun 07 Watch 3:34 Once homeless, a new college graduate looks to the future By Zachary Green When we last spoke with Jaime Waldron earlier in April, she was a homeless college student worried about completing her online studies before graduation. Now, Waldron has officially graduated from the University of Massachusetts with a degree in criminal justice. Continue watching
Jun 07 How a break in the nation's food supply caused regional food companies to soar By Melanie Saltzman, Laura Fong During the first months of the pandemic, as industrial meat plants closed and grocery stores experienced shortages, some mid-sized local food companies saw an unexpected boom in business. As people across the country sheltered in place, they turned to these… Continue reading
Jun 07 Brazil govt yanks virus death toll as data befuddles experts By Diane Jeantet, Associated Press Brazil's government has stopped publishing a running total of coronavirus deaths and infections in an extraordinary move that critics call an attempt to hide the true toll of the disease in Latin America's largest nation. Continue reading
Jun 07 World reaches 400,000 virus deaths as pope urges caution By Joseph Wilson, Associated Press Worldwide, at least 6.9 million people have been infected by the virus, according to Johns Hopkins University, whose aggregated tally has become the main worldwide reference for monitoring the disease. Its running counter says United States leads the world with… Continue reading
Jun 06 New jobs report diminishes GOP appetite for more virus aid By Andrew Taylor, Associated Press Republicans say the numbers vindicate their decision to take a pause and assess the almost $3 trillion in assistance they already have approved. The White House was already showing little urgency about pursing another trillion-dollar response bill, much less the… Continue reading