FILE PHOTO: People line up outside the Kentucky Career Center before it opens to find help with their unemployment claims in Frankfort, Kentucky, USA, June 18, 2020. REUTERS / Bryan Woolston (Reuters) – Americans who received higher unemployment benefits due to the coronavirus pandemic spent more than when they worked, …
Read More »As Canada approaches zero COVID-19 deaths, officials fear reopening the spike, the U.S. risk.
OTTAWA / MONTREAL (Reuters) – Canada’s efforts to flatten the curve for coronavirus cases have put the country on the cusp of zero COVID-19 deaths for the first time since March, but officials see worrying signs of a further surge as the provinces lift the restrictions. Visitors view panoramic scenes …
Read More »US Paycheck Protection Reached Some of Its Brands, But Lost the Most Vulnerable
(Reuters) – The Paycheck Protection Program appears to have thrown a critical safety net under the US mid- and upper-middle-income jobs, but faltered when it comes to lower-paid jobs and industries hardest hit by the coronavirus pandemic, according to a Reuters analysis of the loan details. FILE PHOTO: People visit …
Read More »Fed officials warn of ‘thick fog’ looming for the US economy as recovery concerns deepen
WASHINGTON (Reuters) – The US economy will recover more slowly than expected amid a surge in new cases of coronavirus across the country, and a broad second wave of the disease could cause economic pain to deepen again Federal Reserve officials warned Tuesday. FILE PHOTO: A pedestrian walks past a …
Read More »Fed officials warn of ‘thick fog’ looming for the US economy as recovery concerns deepen
WASHINGTON (Reuters) – The US economy will have a slower-than-expected recovery amid a surge in new cases of coronavirus across the country, and a broad second wave of the disease could cause economic pain deepen again, Federal Reserve officials warned Tuesday. . FILE PHOTO: The Federal Reserve Board building on …
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