The U.S. economy probably suffered a steep decline in hiring and job creation in July, but rarely has Wall Street been so flummoxed about the state of the labor market. The resurgence of the coronavirus epidemic in many American states and a potentially big shift in school employment could throw …
Read More »Coronavirus update: U.S. case tally at 4.72 million and New Jersey, Massachusetts and Connecticut see infections climb again
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 …
Read More »Coronavirus update: Pandemic will continue for some time, experts tell Congress as U.S. case tally nears 4.5 million
With close to 4.5 million Americans confirmed to have been infected with the coronavirus illness COVID-19, the pandemic will continue for some time, public health officials will tell Congress on Friday, underscoring the importance of following their recommendations on face masks, frequent hand washing and social distancing. “While it remains …
Read More »: International student applications to U.S. colleges are predicted to fall this year — why that will hurt more than universities
Harvard University (pictured), along with the Massachusetts Institute of Technology, sued the Trump administration over guidance on current international students in July. It’s likely that fewer international students will apply to U.S. colleges this year. (Photo by Maddie Meyer/Getty Images) Maddie Meyer/Getty Images The number of international students studying at …
Read More »Economic Preview: This week we’ll learn the size of the hole the U.S. economy fell into when COVID-19 struck
There are good economic reports, there are bad ones, and in some rate cases there are ugly ones. This week, we get ugly. We will find out how deep a hole the U.S. economy fell into in the second quarter this year when non-essential businesses closed down in many parts …
Read More »Market Extra: Here’s what a falling U.S. dollar means for the stock market
The U.S. dollar is looking shaky. Barring some sort of currency meltdown, a weaker dollar should be a positive for equities, though foreign stocks will likely benefit more, analysts said. The ICE U.S. Dollar Index DXY, -0.36%, a measure of the currency against a basket of six major rivals fell …
Read More »Here’s how — and when — the major U.S. sports leagues are returning during the pandemic
There won’t be any fans in attendance, but Major League Baseball will begin its regular season on July 23. While many European and Asian countries have found ways to reduce the number of coronavirus cases and deaths, cases in the U.S. continue to soar in many states. Despite the rising …
Read More »Coronavirus update: U.S. case tally climbs above 3.8 million; President Trump appears to have changed his view on face masks
The number of confirmed cases of the coronavirus illness COVID-19 in the U.S. rose above 3.8 million on Tuesday, and President Donald Trump appeared to change his view of face masks in the face of falling poll numbers. Trump tweeted an image of himself wearing a mask with a message …
Read More »Coronavirus update: Global cases of COVID-19 edge closer to 14 million as U.S. sets record case tally, Brazil tops 2 million
The number of confirmed cases of the coronavirus illness COVID-19 edged closer to 14 million on Friday, as the U.S. counted a record number of cases in a single day and regions around the world resumed restrictions on movement in a battle to contain the spread. Brazil’s case tally rose …
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