Tags US Economy

Tag: US Economy

U.S. economy faces looming test as coronavirus wildfire rages

Since the spring's catastrophic drop in employment, the economy has clawed back about half of the more than 20 million lost positions. But momentum is slowing, and last week the number of new claims for unemployment insurance rose for the first time in about a month.

U.S. Labor Department changes jobless claims data methodology after economic shock

The U.S. Labor Department said on Thursday it was changing the methodology used to address seasonal fluctuations in its weekly unemployment...

U.S. Postal Service watchdog investigating reports of service disruptions: senator

The U.S. Postal Service Office of Inspector General is investigating reports of service disruptions and other issues raised by lawmakers, a...

Dollar grinds lower as traders question timing of U.S. stimulus

The dollar fell against most of its peers on Thursday amid fading hopes for a compromise between Republicans and Democrats over...

U.S. job growth forecast to slow sharply in July as COVID-19 cases soar

By Lucia Mutikani U.S. employment growth likely slowed significantly in July amid a resurgence in new COVID-19 infections, which...

US gives conditions for Boeing 737 MAX to fly again

The jet has been grounded since March 2019 following two deadly crashes.

US border closures with Canada and Mexico to be extended another month, officials say

At least one public poll suggests Canadians aren't eager for a reopening as the pandemic escalates dramatically in the US, where new cases of the diseases have reached 60,000 a day nationwide.

With economy in crisis, U.S. lets importers delay some tariff payments

The Trump administration on Sunday said it would allow importers hit by the national health crisis to defer for three months any...

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Johnson & Johnson vaccine pause: Trump blames Biden and complains about FDA hurting his election chances

The former president said in a statement that the reputation of the vaccine will now be “permanently challenged” and people who have taken it will be “up in arms” after the decision by the Centers for Disease Control and Prevention and the Food and Drug Administration.

Officer who shot Daunte Wright was training new recruit at time of shooting

The 26-year veteran of the force can be heard saying: “Holy s***. I just shot him!” in bodycam footage after allegedly intending to tase Mr Wright but shooting him instead.

Bauchi Hisbah to repatriate sex workers from other states, marry off indigenes

“They are not comfortable with their current situation. That’s why we are going to sit down with them, identify the natives and non-natives among them with a view to rescuing them and those who are not indigenes, we will liase with their governments to see that they are taken back home and rehabilitated,”

Insurgency: Japan donates $2.3m infrastructure fund to Borno, North East commission

The project which is implemented by the UNOPS is primarily aimed at scaling up oxygen supply and expand vaccine storage capacity in 139 healthcare centers and nine hospitals across Borno State.