by Troy S. Mason | Mar 13, 2020 | Business News
The economy gained 273,000 jobs in February, well above economist predictions, according to monthly employment data released Friday by the Bureau of Labor Statistics. The February jobs report, which includes data collected before the coronavirus epidemic hit the U.S., also shows the unemployment rate fell from 3.6 percent to 3.5 percent. Wage growth ticked up […]
by Troy S. Mason | Mar 13, 2020 | Business News
Government travel alerts and health concerns related to the coronavirus pandemic have caused a spate of travelers to rush to cancel trips. While airlines such as JetBlue and Delta are waiving cancellation fees or change fees, some travelers are learning the hard way...
by Troy S. Mason | Mar 13, 2020 | Business News
Wall Street briefly pared its losses on Thursday as investors reacted to the Federal Reserve’s announcement that it would dramatically increase liquidity by injecting as much as $1.5 trillion into the economy with an unprecedented series of asset purchases....
by Troy S. Mason | Mar 13, 2020 | Business News
Wall Street recorded historic losses Thursday as fears intensified over the economic fallout from the coronavirus pandemic amid what some saw as an anemic response from the White House. The Dow Jones Industrial Average fell by 10 percent, with the Nasdaq and the...
by Troy S. Mason | Mar 13, 2020 | Business News
ZTE, the Chinese telecom giant that pleaded guilty three years ago to violating U.S. sanctions against Iran and North Korea, is the subject of a new and separate bribery investigation by the Justice Department, according to two people briefed on the matter. The new...