Hundreds of unemployed Kentucky residents wait outside the Kentucky Career Center for help with their unemployment claims late last week in Frankfort. John Sommers II / Getty Images Text size A downward trend in first-time unemployment insurance claims stagnated in the past week, showing how long it will take for …
Read More »DeVos issues rule directing more virus aid to private schools
The Trump administration is moving forward with a policy that mandates US public schools to share coronavirus relief funds with private schools at a higher rate than is normally required by federal law. By COLLIN BINKLEY AP Education Writer June 25, 2020 6:29 PM 5 min read 5 min read …
Read More »Gilead’s remdesivir to become Europe’s first COVID-19 therapy
(Reuters) – Doctors in Europe will soon be able to treat COVID-19 patients with Gilead (GILD.O), antiviral drug, remdesivir, after the support of the health regulator set it on the path to becoming the first therapy for the disease on the continent. FILE PHOTO: Pharmaceutical company Gilead Sciences Inc is …
Read More »Mortgage rates remain constant at record lows, but can you really take advantage of them?
Mortgage rates held at record lows for the second straight week, which could present an opportunity for some homeowners to increase their emergency funds. The 30-year fixed-rate mortgage averaged 3.13% for the week ending June 25, unchanged from the previous week, Freddie Mac FMCC, + 0.47% reported Thursday. Comparatively, these …
Read More »US orders for high-priced factory products increased 15.8% in May
Orders to US factories for high-value products recovered last month from a disastrous April and March when the US economy slowly began to reopen By PAUL WISEMAN AP Economics Writer June 25, 2020 1:46 PM 2 min read 2 min read Share on FacebookShare on TwitterEmail this article WASHINGTON – …
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