by Troy S. Mason | May 1, 2020 | Business News
Around 3.8 million more workers filed for first-time employment benefits last week, bringing the national jobless total to a staggering 30 million — or around 18 percent of the workforce. Continuing claims, or the number of people receiving ongoing benefits, hit 18 million last week, far surpassing the recessionary peak of 6.6 million, according to […]
by Troy S. Mason | Apr 22, 2020 | Business News
The prospect of cheaper gas at a time when most Americans are holed up at home is not much of a silver lining to the coronavirus pandemic. Energy analysts say there is little upside to the unprecedented plunge in oil prices that sent crude oil futures spiraling into...
by Troy S. Mason | Apr 17, 2020 | Business News
Seattle was the country’s first coronavirus hot spot, and soon it could be one of the first big cities to reopen its economy. When and how that happens will depend largely on the region’s ability to get adequate testing and protect its front-line health...
by Troy S. Mason | Apr 17, 2020 | Business News
BEIJING — China suffered its worst economic contraction since at least the 1970s in the first quarter as it fought the coronavirus, and weak consumer spending and factory activity suggest it faces a longer, harder recovery than initially expected. The world’s...
by Troy S. Mason | Apr 17, 2020 | Business News
Less than 24 hours after having consulted with some of the leading corporate executives in America, President Donald Trump surprised many of them with his action plan to reopen the economy, which he suggested Thursday could begin in some states as soon as...
