US adds 1.8 million jobs in July, a dip from previous months
The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound.
1.2 million seek jobless aid after $600 federal check ends
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.
American Airlines quietly stops operations out of Oakland, warns of hundreds of layoffs at SFO
American Airlines has quietly ceased operations out of Oakland Airport and warned of possible furloughs of hundreds of workers at San Francisco International Airport.
Johns Hopkins interactive tool shows how state shutdowns, reopenings may have affected COVID-19 cases, deaths
The tool allows users to see when a particular state initiated a restriction, closing or opening measure from late January to early August.
US manufacturing improves in July, outlook clouded by coronavirus
The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 54.2 last month, up from a June reading of 52.6. Any reading above 50 signals that U.S. manufacturing is expanding.
CEOs warn Congress of 'catastrophic' pandemic impact on small businesses without more federal aid
Leaders from some of America’s largest companies signed an open letter to Congress urgently calling for lawmakers to help small businesses.
Marathon Martinez Refinery 'indefinitely idled'
The company is also putting a New Mexico refinery on indefinite hold and announced that most jobs would be lost at the two sites, with phased layoffs starting in October.
Federal unemployment bonus payment program expires at midnight, millions impacted
In its simplest terms, failure to renew this program will be yet another major economic disaster.
Record economic plunge, bleak jobs numbers reveal virus toll
The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.
California minimum-wage jump to hit virus-battered companies
The Democratic governor had the authority to suspend the scheduled increase given the state's troubled economy.
Homeland Security agents have seized more than $7M in COVID-19 fraud proceeds, made 53 arrests
The agency made the announcement to mark 100 days since the April launch of Operation Stolen Promise, meant to "protect the Homeland from the increasing and evolving threat posed by COVID-19-related fraud and criminal activity."
Second stimulus check details revealed: Who is eligible?
The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.
Target to close stores on Thanksgiving Day, they say 'this isn't the year for crowds'
Instead, shoppers can reportedly purchase holiday deals earlier than ever, with savings starting in October and continuing throughout the season.
Pandemic shows widening divide between renters and homeowners
The country may be on the precipice of seeing the largest homeless population in the entire American experience.
Unemployed workers anxious about future of extra $600 benefit
The benefits program was designed to help the estimated 25 million Americans receiving it, pay for essentials.
US new home sales jump 13.8% in June
The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.
Jobless claims rise as cutoff of extra $600 benefit nears
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
Why are coins hard to find during the pandemic?
The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.
AP FACT CHECK: Trump bends facts on virus, Biden, economy
A look at the president’s alternate reality on the virus threat, as well as his falsehoods on Democratic rival Joe Biden, the economy and the military in a “Fox News Sunday” interview:
Another 1.3 million Americans sought unemployment aid last week
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.