Economy

A shopper in a face mask looks over cuts of beef piled up in a cold room for purchase at a Costco warehouse store Tuesday, May 5, 2020, in west Denver. The U.S. economy rebounded at an even-stronger pace in the July-September quarter than first reported but a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some analysts even raising the specter of a double-dip recession. (AP Photo/David Zalubowski)
SKY News
November 25, 2020 - 10:51 am
WASHINGTON (AP) — The second of three estimates on U.S. growth for the July-September quarter was unchanged at a record pace of 33.1%. But a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some economists even raising the specter of a double-dip...
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President-elect Joe Biden, accompanied by Vice President-elect Kamala Harris, speaks about economic recovery at The Queen theater, Monday, Nov. 16, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)
SKY News
November 17, 2020 - 12:17 am
WILMINGTON, Del. (AP) — President-elect Joe Biden warned of dire consequences if President Donald Trump and his administration continue to refuse to coordinate with his transition team on the coronavirus pandemic and block briefings on national security, policy issues and vaccine plans. The remarks...
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People wearing face masks to help protect against the spread of the coronavirus feed pigeons on a street in Goyang, South Korea, Wednesday, Nov. 11, 2020. (AP Photo/Ahn Young-joon)
SKY News
November 12, 2020 - 11:31 pm
WELLINGTON, New Zealand — New Zealand’s government could soon make wearing masks mandatory on public transit in Auckland and on planes nationwide as it continues to investigate a new community case of the coronavirus. Virus Response Minister Chris Hipkins says there are no plans at this point to...
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courtneyk/iStock
SKY News
November 12, 2020 - 8:36 am
By CATHERINE THORBECKE, ABC News (WASHINGTON) -- The Labor Department on Thursday said another 709,000 workers lost their jobs and filed for unemployment insurance last week. The weekly tally has declined sharply since March and April. Still, the number of new layoffs has stagnated at levels not...
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FILE - In this Nov. 5, 2020, file photo the Supreme Court is seen in Washington. The court prepares to hear arguments Tuesday in the third major legal challenge to the Affordable Care Act. (AP Photo/J. Scott Applewhite, File)
SKY News
November 10, 2020 - 6:08 am
WASHINGTON (AP) — When the Supreme Court weighs the fate of “Obamacare,” arguments will revolve around arcane points of law like severability — whether the justices can surgically snip out part of the law and leave the rest. But what’s at stake has real-world consequences for just about every...
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Men wearing masks against the spread of the coronavirus stand near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Nov. 6, 2020. Asian stock markets were mixed Friday after Wall Street rose amid protracted vote-counting following this week's U.S. elections. (AP Photo/Eugene Hoshiko)
SKY News
November 05, 2020 - 10:54 pm
BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street rose amid protracted vote-counting following this week's U.S. elections. Tokyo and Sydney advanced while Shanghai and Hong Kong declined. Seoul swung between gains and losses. Markets are betting on control of the U.S. Congress...
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In this Wednesday, June 3, 2020 photo, cashier Rosario Vargas, center, bags groceries for customers at the Presidente Supermarket in the Little Havana neighborhood of Miami.
AP
SKY News
November 04, 2020 - 6:34 am
Florida voters have approved a measure raising the state’s minimum wage to $15 an hour over the next six years. Advocates say it will lift the pay for hundreds of thousands of workers. A supermajority of Florida voters on Tuesday approved the amendment to the Florida Constitution that will raise...
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Donald Trump and Joe Biden on the campaign trail
Getty Images
SKY News
November 03, 2020 - 12:25 am
PITTSBURGH (AP) — In the closing hours of a campaign shadowed by a once-in-a-century pandemic, President Donald Trump charged across the nation Monday delivering an incendiary but unsupported allegation that the election is rigged, while Democratic challenger Joe Biden pushed to claim states once...
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President Donald Trump speaks at a campaign rally Friday, Oct. 30, 2020, in Rochester, Minn. (AP Photo/Bruce Kluckhohn)
SKY News
October 30, 2020 - 7:50 pm
WATERFORD TOWNSHIP, Mich. (AP) — President Donald Trump dangled a promise to get a weary, fearful nation “back to normal” on Friday as he looked to campaign past the political damage of the devastating pandemic. It was a tantalizingly rosy pitch in sharp contrast to Democratic rival Joe Biden, who...
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President Trump and Joe Biden appeal to Florida voters
Getty Images
SKY News
October 29, 2020 - 10:29 pm
TAMPA, Fla. (AP) — Pressing against stiff headwinds from the pandemic, President Donald Trump steered toward what he hoped was safer political ground with the U.S. economy Thursday, as Democratic rival Joe Biden kept up his assault on Trump’s handling of the coronavirus. Campaigning hours apart in...
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