The U.S. economy plunged by an historic 32.9 percent annual rate for the second quarter of 2020, according to the Bureau of Economic Analysis in a report released Thursday. That decline is […]
Economy drops at a 32.9% rate
Deal on jobless benefits not close
Congress and the White House are “nowhere close to a deal” to extend unemployment benefits set to expire on Friday, according to published reports. Earlier in the week, Senate Republicans unveiled their […]
GOP will convene in Jacksonville
The 2020 Republican National Convention will be held in Jacksonville, Florida, moving it from Charlotte, North Carolina. A key factor in relocating the convention, where President Donald Trump will formally be nominated […]
Good jobless report spurs stocks
After months of gloomy tidings about the American economy, Friday finally brought some good news. The U.S. Department of Labor reported that the national unemployment rate for May dropped to 13.3 […]
U.S. coronavirus deaths at 100,000
The total number of Americans who have died from the coronavirus has reached 100,000, according to the count Wednesday by Johns Hopkins University. JHU reports the number as 100,271 people since the […]
Jobless claims now total 38.6 million
The ranks of the unemployed in the United States continued to swell, as more than 2.4 million people applied for jobless benefits this week, according to the Labor Department. That brings the […]
3.2 million file for jobless benefits
Filings for unemployment benefits for the week ending May 2 dropped from the total of the week before, but still came in at 3.2 million people, the U.S. Department of Labor announced […]
Newsom orders OC beaches closed
Gov. Gavin Newsom on Thursday ordered Orange County beaches closed. Images of large crowds Saturday and Sunday on the strand in Newport Beach – estimated at 80,000 people – prompted the action, […]
4.4 million more jobless Americans
The ranks of unemployed Americans are continuing to swell, as the coronavirus and its effects throw more people out of work. The U.S. Department of Labor announced Thursday that over 4.4 million […]
Unemployment up to 16.6m in U.S.
The U.S. Department of Labor announced Thursday (today) that 6.6 million more Americans have applied for unemployment benefits over the past week, raising the total to 16.6 million people. The American unemployment […]
