Tuesday, April 23, 2024

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Paul Wiseman

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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...
THE INSTITUTE for Supply Management's U.S. manufacturing Index declined for the third consecutive month in May. / AP FILE PHOTO/EVAN VUCCI

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...
THE U.S. TRADE GAP widened 11.6% in March to $44.4 billion. / AP FILE PHOTO/WILFREDO LEE

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...
THE FEDERAL RESERVE reported Wednesday that manufacturing output dropped 6.3% in March. / AP FILE PHOTO/TED S. WARREN

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...
THE IMF has projected that the global economy will have its wrots years since the Great Depression. Above, the banking district of Frankfurt, Germany. / AP FILE PHOTO/MICHAEL PROBST

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...
THE U.S. TRADE GAP declined 6.7% in January to $45.3 billion. /AP FILE PHOTO/WILFREDO LEE

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...
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