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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DKart/iStock
July 03, 2020 - 12:44 pm
By CATHERINE THORBECKE, ABC News (NEW YORK) -- Twitter teased it will allow one of its most sought-after updates -- letting people edit Tweets -- on the condition that "everyone wears a mask." The company's announcement from its verified page has already garnered more than 2 million likes on the...
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July 03, 2020 - 7:46 am
By GENEVIEVE SHAW BROWN, ABC News (NEW YORK) -- It's the store famous the world over for selling lost luggage items. And now, after 50 years, Unclaimed Baggage has gone online. The trip to the 50,000-square-foot Scottsboro, Alabama, store is no longer necessary. In June, the e-commerce site was...
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July 03, 2020 - 7:35 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- With America still on the road to recovery amid the coronavirus pandemic, nonessential businesses, including spas, are beginning to reopen. But many are wondering, "Is it safe?" When most people think of a visit to a spa, feelings of relaxation...
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DNY59 / iStock
July 02, 2020 - 3:42 pm
By Nicole Pelletiere via GMA (SAN DIEGO) -- A California mother who was working from home amid the COVID-19 pandemic said she was let go from her job over her kids being noisy while she was on work calls. Drisana Rios, an insurance account executive, is now suing her former employer for gender...
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Home construction
Getty Images
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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Official White House Photo by Andrea Hanks
SKY News
July 02, 2020 - 10:15 am
By BEN GITTLESON, ABC News (WASHINGTON) -- President Donald Trump came to the White House briefing room Thursday morning to tout new employment numbers showing that 4.8 million jobs were added in June, calling it "spectacular news." "Today's announcement proves that our economy is roaring back"...
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July 02, 2020 - 10:00 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- Fun fact: Space has a specific smell and now there's a perfume that will allow your senses to get a whiff of it. Eau de Space is the new fragrance that has garnered a lot of attention after being posted on Kickstarter as a crowdfunding campaign...
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courtneyk/iStock
July 02, 2020 - 8:50 am
By CATHERINE THORBECKE, ABC News (WASHINGTON) -- The unemployment rate in the U.S. fell slightly to 11.1% in June, according to data released Thursday by the Department of Labor. Meanwhile, another 1.4 million workers filed for unemployment insurance in the last week. Both reports highlight the...
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DragonImages/iStock
July 02, 2020 - 7:47 am
By GIO BENITEZ and MINA KAJI, ABC News (NEW YORK) -- As more Americans hit the road for what experts are calling the "summer of the road trip," hotel chains and Airbnb hosts are stepping up their cleaning game and using new technologies in an effort to convince guests they are safe amid the COVID-...
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