Business

President Donald Trump speaks during a news briefing at the White House, Thursday, July 2, 2020, in Washington, as White House chief economic adviser Larry Kudlow, left, and Treasury Secretary Steven Mnuchin, look on. (AP Photo/Evan Vucci)
SKY News
July 04, 2020 - 10:25 am
WASHINGTON (AP) — President Donald Trump on Saturday signed into law a temporary extension of a subsidy program for small businesses battered by the coronavirus, The legislation extends the June 30 deadline for applying for the program to Aug. 8. Lawmakers created the program in March and have...
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Wearing masks amid concerns of the spread of COVID-19, volunteers Karen Cooperstein, right, and Edwin Chinchilla, left, prepare food for the pubic during a drive through food pantry distribution by Catholic Charities in Dallas, Thursday, July 2, 2020. (AP Photo/LM Otero)
SKY News
July 02, 2020 - 4:27 pm
WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus. While the...
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Home construction
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SKY News
July 02, 2020 - 10:30 am
SILVER SPRING, Md. (AP) — Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever. Mortgage buyer Freddie Mac reported Thursday that the average rate on the key 30-year fixed-rate mortgage fell to 3.07%, down from last week's 3.13%. For the...
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A woman wearing a mask passes a sign for Wall Street, Tuesday, June 30, 2020, during the coronavirus pandemic. (AP Photo/Mark Lennihan)
SKY News
July 01, 2020 - 11:18 pm
Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced. Investors were encouraged after Pfizer and BioNtech announced...
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Hiring
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SKY News
June 30, 2020 - 9:08 pm
WASHINGTON (AP) — Democrats drove a temporary extension of a popular subsidy program for small businesses through the GOP-controlled Senate late Tuesday, an unexpected development that came as spikes in coronavirus cases in many states are causing renewed shutdowns of bars and other businesses. The...
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In this June 27, 2020, photo, people are tested in their in vehicles in Phoenix's western neighborhood of Maryvale in Phoenix for free COVID-19 tests organized by Equality Health Foundation, which focuses on care in underserved communities. Arizona's Republican governor shut down bars, movie theaters, gyms and water parks Monday, June 29, and leaders in several states ordered residents to wear masks in public in a dramatic course reversal amid an alarming resurgence of coronavirus cases nationwide. (AP Photo/Matt York)
SKY News
June 29, 2020 - 8:22 pm
Arizona's Republican governor shut down bars, movie theaters, gyms and water parks Monday and leaders in several states ordered residents to wear masks in public in a dramatic course reversal amid an alarming resurgence of coronavirus cases nationwide. Among those implementing the face-covering...
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Customer walks out of a U.S. Post Office branch and under a banner advertising a job opening. The U.S. government issued its latest snapshot Thursday, June 18, of the layoffs that have left millions unemployed.
AP Photo/Elaine Thompson
SKY News
June 18, 2020 - 8:56 am
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some people back to work. The latest figure from the Labor Department marks the 11th straight weekly decline in applications...
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An electronic stock board showing Japan's Nikkei 225 index at a securities firm is seen at a street in Tokyo Wednesday, June 17, 2020. Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. (AP Photo/Eugene Hoshiko)
June 18, 2020 - 12:08 am
BANGKOK (AP) — Shares fell Thursday in Asia after another day of wobbly trading on Wall Street as markets eased off the accelerator following their big rally. Japan's Nikkei 225 shed 0.3% to 22,394.45 and the Hang Seng in Hong Kong also fell 0.3%, to 24,407.59. South Korea's Kospi slipped 0.2% to 2...
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FILE - In this April 2, 2020 file photo, roofers work on removing and placing new shingles in Warren, Mich. U.S. home-building activity collapsed in March as the coronavirus spread, with housing starts tumbling 22.3% from a month ago. The Commerce Department said Thursday, April 16, that ground breakings occurred last month at a seasonally adjusted annual rate of 1.2 million units, down from a 1.56 million pace in February. (AP Photo/Paul Sancya, File)
June 17, 2020 - 8:53 am
WASHINGTON (AP) — US home construction rebounded 4.3% in May after steep declines caused by shutdowns due to the coronavirus. The Commerce Department reported Wednesday that new homes were started at a seasonally adjusted annual rate of 974,000 last month after steep declines in April and March...
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An electronic stock board showing Japan's Nikkei 225 index at a securities firm is seen at a street in Tokyo Wednesday, June 17, 2020. Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. (AP Photo/Eugene Hoshiko)
SKY News
June 16, 2020 - 11:29 pm
BEIJING (AP) — Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul retreated. On Wall Street, the benchmark S&P 500 index rose for a third day, gaining 1...
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