Tag: economy

BERLIN (AP) — Mass disruptions shuddered around the globe as governments struggled to slow the spread of the coronavirus while trying to keep afloat their economies. The impact included border traffic jams in Lithuania, the…

WASHINGTON — Treasury Secretary Steven Mnuchin raised the possibility with Republican senators that U.S. unemployment could rise to 20% without government intervention because of the impact of the coronavirus, according to people familiar with the…

TOKYO (AP) — A deepening health crisis became an economic one too Friday as the coronavirus outbreak sapped financial markets, emptied shops and businesses and put major sites and events off limits. The list of…

Global stock markets fell today on concerns that the coronavirus was spreading to more countries, putting further strain on businesses and supply chains across the world. In Europe, where new cases were being reported, the…

WASHINGTON (AP) — Hiring jumped last month as U.S. employers added a robust 225,000 jobs, bolstering an economy that faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing. The Labor…

WASHINGTON (AP) — The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a concern that possible…

WASHINGTON (AP) — Who’s clapping now? On the brink of his Senate acquittal, President Donald Trump will be unleashing “relentless optimism” during his third State of the Union address, a speech designed to pivot from…

KANSAS CITY, MO. ? Time was, a fledgling tech company called CivicPlus had to explain to prospective customers why it was based in Kansas ? and not some tech-heavy coastal city. ?We said, ?Hey, you…

In 2019, Americans found that snaring a paycheck was easier than growing one. Even as corporate America continues to hire, wages rose slowly in a tight labor market. In December, we learned Friday, average hourly…

OMAHA, Neb. (AP) — A new monthly survey of business supply managers suggests the economy is growing slowly in nine Midwest and Plains states as the U.S. trade war with China continues, according to a…