Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring’s massive slowdown in building activity due to the coronavirus outbreak.
July 17, 2020Coronavirus News Updates
ºÚÁϳԹÏÍø Construction Jumps 17.3% in June
Demand for Virtual Training Accelerates During Pandemic
The pandemic is accelerating the transition to virtual learning for truck technicians, and the industry might never turn back.
July 17, 2020Senate GOP to Focus on Schools, Jobs in COVID-19 Stimulus
The Senate’s next round of stimulus funding related to the coronavirus pandemic is likely to assist with education and boost the workforce, the chamber’s leader indicated.
July 16, 2020Oil Slips as Looming OPEC Supply Surge Adds to Demand Woes
Oil snapped its two-day rally amid a weaker demand outlook underscored by the OPEC+ alliance’s decision to taper production cuts and U.S. economic data signaling a slowing recovery in the labor market.
July 16, 2020Americans Take Up New Eating Habits, Forcing Farms to Raze Crops
Americans have rapidly changed the ways they buy, cook and eat food in just four months, leaving everyone from farmers to restaurants unable to match their pivot.
July 16, 2020Number of Laid-Off Workers Seeking Jobless Aid Stuck at 1.3 Million
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
July 16, 2020Fed Survey Shows Tepid Recovery in Early July
Optimism about a nascent recovery in the U.S. economy was dampened by increased uncertainty over the path of the coronavirus, according to a new report from the Federal Reserve.
July 15, 2020Economic Recovery Threatened by COVID-19 Resurgence, Experts Say
The U.S. economy, which had begun to improve, is now in jeopardy of stalling amid rising cases of COVID-19 infections.
July 15, 2020Extension of Airline Payroll Aid Sought by Unions, Lawmakers
A bipartisan group of House lawmakers along with airline unions are calling for an extension of federal aid to prevent an expected wave of layoffs starting in October.
July 15, 2020US Industrial Output Surges by Most Since 1959 on Reopening
U.S. industrial production in June posted the largest monthly gain since 1959, indicating manufacturing is stirring to life after coronavirus-related shutdowns.
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