Shares on Wall Street fell sharply on Friday as new confirmed coronavirus infections in the US hit a record high, prompting Texas and Florida to reverse the course of business reopening. The combination injected new concerns into a market that has been at its peak since April in hopes that …
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WASHINGTON (AP) – American consumers increased spending by a record 8.2% in May, partially erasing huge declines in the previous two months, in the context of an economy that is likely to be slowing down at its fastest pace recorded this quarter. The pickup in consumer spending last month followed …
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PARIS (AP) – The dull, muffled sounds in the background of the phone call filled Monette Hayoun with fear. Was his 85-year-old severely disabled brother Meyer choking on his food? Was he slowly suffocating like the Holocaust survivor who died a few months earlier in another room in the nursing …
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ATLANTA (AP) – As part of the plan to restart its season next month, the NBA is preparing to test hundreds of players, coaches, and others for the coronavirus each night inside a “basketball bubble,” a space in the Disney complex near Orlando, Florida with additional protection from disease. Test …
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WASHINGTON (AP) – The US economy contracted at a rate of 5.0% in the first quarter and much worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the US USA The Commerce Department reported Thursday that the decrease in gross domestic product, …
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