As Congress fights, analysts warn economy needs help now

WASHINGTON (AP) — As Congress and the White House resume their efforts to agree on a new economic aid package, evidence is growing that the U.S. economy is faltering. And so is concern that the govern...

Gold surges, Asian stocks mixed amid US-China feud, pandemic

Major Asian stock markets declined and gold surged to a record price Monday amid U.S.-China tensions and concern a recovery from the coronavirus pandemic might be weakening. Shanghai, Tokyo and Hon...

Asian stocks mixed amid US-China feud, economic unease

BEIJING (AP) — Asian stock markets were mixed Monday amid U.S.-China tensions and concern a recovery from the coronavirus pandemic might be weakening. Tokyo declined while Shanghai ...

Vermont city hit hard by news of immigration furloughs

ST. ALBANS, Vt. (AP) — Word has spread swiftly around the small working-class city of St. Albans about looming furloughs at its U.S. Citizenship and Immigration Services center, the largest employer i...

Business Highlights

___ Jobless claims rise as cutoff of extra $600 benefit nears WASHINGTON (AP) — The virus pandemic’s resurgence caused the number of Americans seeking unemployment ...

How major US stock indexes fared Thursday

Stocks closed lower on Wall Street Thursday, undercut in part by a discouraging report showing that layoffs are picking up across the country along with confirmed new coronavirus cases. ...

American, Southwest add to US airline industry's 2Q losses

DALLAS (AP) — Major airlines reported huge second-quarter losses Thursday and warned that the recovery in air travel seen in April has stalled as coronavirus cases surge in the U.S. ...

Southwest's 2Q adj. loss tops $1B on weak travel demand

Southwest posted an adjusted loss of $1.5 billion in its second quarter as severely diminished air travel demand continues to pound the industry amid the coronavirus pandemic. Airlin...

Many more likely sought jobless aid as virus surges back

WASHINGTON (AP) — With the nation gripped by an alarming resurgence of coronavirus cases, the U.S. government will provide its latest report Thursday on the layoffs that have remained stuck at an elev...

White House, GOP agree on virus testing in new aid bill

WASHINGTON (AP) — Senate Republicans and the White House reached tentative agreement for more testing funds in the next COVID-19 relief package, but deep disagreements over the scope of the $1 trillio...

Flashpoints emerge as lawmakers negotiate new virus aid

WASHINGTON (AP) — Bipartisan Capitol Hill talks have only just begun on a sweeping renewal of coronavirus legislation, but areas of likely agreement — and flashpoints of discord — are becoming apparen...

Flashpoints emerge as lawmakers negotiate new virus aid

WASHINGTON (AP) — Bipartisan Capitol Hill talks have only just begun on a sweeping renewal of coronavirus legislation, but areas of likely agreement — and flashpoints of discord — are becoming apparen...

LinkedIn laying off nearly 1,000 amid hiring slowdown

NEW YORK (AP) — LinkedIn is laying off nearly 1,000 employees, approximately 6% of its workforce globally, with unemployment in the U.S. above 13% and national economies from Europe and Asia, to the A...

Singapore Businesses Avoid Massive Layoffs, Move Toward Cautious Hiring: Aon Pulse Survey

18% of businesses report a hiring freeze compared to 30% in April Three fourths of Singapore companies have refrained from layoffs SINGAPORE - Media OutReach - 21 July 2020 - Aon plc (NYSE: AON), ...

Biden outlines priorities for next pandemic relief package

WASHINGTON (AP) — Joe Biden is calling President Donald Trump's handling of the coronavirus pandemic “inept” in a new statement that lays out his priorities for the next relief package in Congress. ...