The number of Americans applying for unemployment benefits increased more than expected last week, as the country continues to grapple with the economic impacts of the coronavirus pandemic. Weekly initial jobless claims reached 1.3 million for the week ending July 11, the Labor Department said Thursday. Economists surveyed by Dow …
Read More »American partners with JetBlue in a bid for New York and Boston
A JetBlue Airways Embraer 190 passenger cabs on the tarmac at New York’s LaGuardia Airport. Robert Alexander | fake pictures American Airlines and JetBlue Airways team up again. The airlines, which ended a similar partnership in 2014, unveiled a new alliance on Thursday that will allow them to sell seats …
Read More »Another 1.3 million Americans applied for unemployment aid last week amid uneven recovery from the coronavirus
The assistant editor at the Wall Street Journal editorial page, James Freeman, says those who are unemployed will have to think creatively about other careers they may be qualified for as the country heads toward a new normal post-coronavirus. The number of Americans applying for unemployment benefits remained historically high …
Read More »Dow Futures Slide, Global rally pause after China’s GDP data
Thursday Market minute Global stocks fall as coronavirus infection rates remain high in the United States and investors ignore stronger-than-expected GDP data in China. China’s second-quarter GDP grows 3.2%, but June retail sales fell for the fifth consecutive month, underscoring the fragility in the world’s second-largest economy. Infections in the …
Read More »Fauci says he is “walking a tightrope” as people try to “face it” against President Trump
“I am a non-political person,” Fauci told O’Donnell. “It is quite difficult to walk a tightrope while trying to get your message across and people are trying to pit you against the president.” “It is very stressful,” said the director of the National Institute of Allergy and Infectious Diseases in …
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