Articles filed under Economy
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Cascading job losses shred U.S. safety net: 'We were unprepared'Apr 11, 2020 6:16 am - In Michigan and New York, you can only call on certain days of the week, depending on your last name. In New Jersey, it's hourly slots based on your social security numb...
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Record 16.8 million have sought US jobless aid since virusApr 09, 2020 1:00 am - WASHINGTON (AP) - With a startling 6.6 million people seeking unemployment benefits last week, the United States has reached a grim landmark: More than one in 10 workers...
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Democrats stall Trump's $250B business virus aid packageApr 09, 2020 1:00 am - WASHINGTON (AP) - Senate Democrats on Thursday stalled President Donald Trump's request for $250 billion to supplement a "paycheck protection" program for businesses cr...
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Hurry up and wait? Why relief to small businesses has laggedApr 09, 2020 1:00 am - NEW YORK (AP) - Speed is of the essence if a federal relief program for small businesses is going to be effective in combating the damage wrought by the coronavirus lock...
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Third week of big U.S. jobless claims sees 6.61 million filingsApr 09, 2020 1:00 am - Americans applied for unemployment benefits in massive numbers for a third straight week, bringing the total to about 16.8 million during the coronavirus pandemic's econ...
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Half-billion more people face poverty due to virusApr 09, 2020 1:00 am - LONDON (AP) - Around half a billion people could be pushed into poverty as a result of the economic fallout from the coronavirus pandemic unless richer countries take "u...
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US economy unlikely to recover as rapidly as it collapsedApr 09, 2020 1:00 am - BALTIMORE (AP) - President Donald Trump has been telling voters that the U.S. economy will leap back to life "like a rocket," stronger than ever after its bout with the...
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As coronavirus spreads, so do reports of companies mistreating workersApr 05, 2020 6:21 am - She could wear her protective mask while seeing her patients. Many were, after all, elderly, with respiratory problems, susceptible to getting severely sick from the nov...
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Bars crater and grocers boom, showing huge mismatch in U.S. jobsApr 05, 2020 6:20 am - Bri Hlava lost her bartending jobs when the Silver Dollar and the Pearl of Germantown in Louisville, Kentucky, shut down in the coronavirus pandemic. She had earned $600...
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Why rich students get more financial aid than poor onesApr 05, 2020 6:13 am - Colleges are increasingly spending more to woo affluent students with scholarships based solely on academic or other achievements, experts say. And it's leaving those wh...