May 8, 2020 | Finance, Politics
The U.S. unemployment rate rocketed to 14.7% in April, a level last seen during the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. It’s stark evidence of how the coronavirus has brought the economy to its knees.“It’s going...
May 7, 2020 | Finance, Politics
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus.________________________TRAVEL & LODGING: All...
May 7, 2020 | Finance, Politics
LONDON (AP) — The Bank of England warned Thursday that the British economy could suffer its deepest annual contraction since the Spanish War of Succession a little over three centuries ago as a result of the coronavirus pandemic, before roaring back next year.In what...
May 6, 2020 | Finance, Politics
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to central governments, the work place and the spread of the virus.________________________JOB LOSSES: The pandemic jolted...
May 6, 2020 | Finance, Politics
WARSAW, Poland (AP) — Poland’s ruling party leader and a partner in the governing coalition announced an agreement late Wednesday to postpone Sunday’s presidential election, saying a new date will be chosen later.Jaroslaw Kaczynski, head of the ruling Law...
May 6, 2020 | Finance, Politics
DALLAS (AP) — Texas’ Republican governor and top law enforcement officer on Wednesday came to the defense of a Dallas hair salon owner who was jailed for keeping her business open in defiance of the governor’s restrictions meant to slow the spread of the...