Paul Wiseman
1.4M seek jobless aid as virus surges in South, West
WASHINGTON (AP) – More than 1.4 million laid-off Americans applied for unemployment benefits last week, further evidence of the devastation the coronavirus outbreak has...
U.S. trade gap rises to $49.4B in April
WASHINGTON (AP) – The United States trade deficit hit the highest level in eight months in April as American commerce with other countries was...
Survey: U.S. factories sink in May for third straight month
WASHINGTON (AP) – American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic.
The...
U.S. trade gap rises to $44.4B as virus slams commerce
WASHINGTON (AP) – The United States trade deficit rose in March as the coronavirus outbreak battered America's trade with the world.
The Commerce Department...
Factory shutdowns near WWII demobilization levels in U.S.
WASHINGTON (AP) – American industry collapsed in March as the pandemic wreaked havoc on the United States economy. Manufacturing and overall industrial production posted...
IMF: Global economy will suffer worst year since Depression
WASHINGTON (AP) – Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of...
U.S. trade deficit narrows to $45.3B in Jan.
WASHINGTON (AP) – The United States trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with...