Pandemic hammers small businesses vital to economic recovery

WINCHESTER, Va. (AP) — In a normal year, hundreds of book lovers would have descended on Winchester this summer for Shenandoah University’s annual children’s literature conference. ...

A small Virginia city struggles to save its local businesses

WINCHESTER, Va. (AP) — In a normal year, hundreds of book lovers would have descended on Winchester this summer for Shenandoah University’s annual children’s literature conference. ...

US trade deficit up to $67.1 billion in August, 14-year high

WASHINGTON (AP) — The U.S. trade deficit rose in August to the highest level in 14 years. The Commerce Department reported Tuesday that the gap between the goods and services the Uni...

AP Explains: 5 key takeaways from the September jobs report

WASHINGTON (AP) — Just how resilient is the U.S. economy’s recovery from the coronavirus recession? The weakening of the nation's job-generating machine in September — for a third straight month — rei...

S&P CoreLogic Case-Shiller: US home prices rise 3.9% in July

WASHINGTON (AP) — U.S. home prices rose at a faster pace in July as the housing market continued to show strength in the midst of the coronavirus outbreak. The S&P CoreLogic Case...

COVID-19 danger continues to drive joblessness in US

WASHINGTON (AP) — The number of Americans who sought unemployment benefits last week likely numbered in the hundreds of thousands with COVID-19 seeding broad economic damage nine months after the firs...

US companies seeking tariff relief faced red tape, delays

WASHINGTON (AP) — Companies seeking relief from President Donald Trump’s taxes on imported steel and aluminum ran into long delays and cumbersome paperwork, a federal watchdog found. ...

Wildfires intensify economic pain in the West

The fires consuming the forests of California and Oregon and darkening the skies over San Francisco and Portland are also damaging a regional economy already singed by the coronavirus outbreak. ...

U.S. job posting rise to 6.6 million in July

WASHINGTON (AP) — U.S. employers advertised more jobs but hired fewer workers in July, sending mixed signals about the job market in the wake of the coronavirus outbreak. The Labor D...

AP Explains: US debt will soon exceed size of entire economy

WASHINGTON (AP) — The U.S. government's war against the coronavirus is imposing the heaviest strain on the Treasury since America's drive to defeat Nazi Germany and imperial Japan three-quarters of a ...

AP Explains: 5 key takeaways from the August jobs report

WASHINGTON (AP) — By some measures, the shrunken U.S. job market continued a solid recovery last month, with many employers recalling workers who had been temporarily laid off when the coronavirus eru...

Survey: US factories grow in August for third straight month

WASHINGTON (AP) — American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of...

As virus rages, US economy struggles to sustain a recovery

WASHINGTON (AP) — Home sales are booming. Stocks are setting record highs. Industrial production is clambering out of the ditch it fell into early this year. And yet the U.S. economy...

More than 1 million Americans applied for jobless benefits

WASHINGTON (AP) — Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and ...

S&P CoreLogic Case-Shiller: US home prices rise 3.5% in June

WASHINGTON (AP) — U.S. home prices rose at a slightly slower pace in June, but the U.S. housing market continued to show resilience in the face of the coronvavirus pandemic. The S&am...