Articles filed under Economy
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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...
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Struggling Americans can tap 401Ks with coronavirus billApr 05, 2020 6:07 am - Lawmakers in Washington are making it easier for Americans struggling with the fallout from the coronavirus to draw on the trillions of dollars in their 401(k)s and othe...