The numbers: New applications for U.S. unemployment benefits rose in mid-February to a four-week high of 861,000, showing lots of Americans are still losing their jobs nearly a year after the onset of the coronavirus pandemic. Initial jobless claims filed traditionally through the states rose by 13,000 to 861,000 in …
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A patient is transported outside of Tisch Hospital in New York City earlier in November. AFP/Getty Images As New York braces for an influx of COVID-19 cases after Thanksgiving, efforts to curb the spread have shifted from closing nonessential businesses to ramping up hospital capacity and trying to stem small …
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Automakers and other companies are rebuilding their inventories again as sales pick up. jeff kowalsky/Agence France-Presse/Getty Images U.S. wholesale inventories rose by 0.4% in August as companies began to stock up again to replace dwindling supplies. Inventories of durable goods, such as autos and lumber, increased by 0.6%. Stockpiles of …
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People walk past a sign encouraging social distance in a shopping street in Solihull, central England on September 14, 2020. oli scarff/Agence France-Presse/Getty Images European stocks rose on Monday, as foreign investors went shopping for bargains in a flurry of activity. Down 3.6% last week in its worst performance since …
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The U.S. case tally for the coronavirus illness COVID-19 rose by fewer than 50,000 on Monday for a second straight day, data aggregated by Johns Hopkins University showed, although cases were rising in some states that had seemed to get the spread under control earlier this year. The U.S. added …
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Crude-oil prices climbed on Thursday after a report that major producers at a an OPEC-led meeting of the Joint Ministerial Monitoring Committee, or JMMC, planned to make up for failing to fully meet their production-cut targets last month. The JMMC, which monitors compliance with OPEC output quotas, held gathering via …
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Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia. Investors bid the price of crude up on Wednesday in anticipation of a pact between …
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