As business reopenings picked up nationwide, Americans filed nearly 2 million applications for unemployment benefits last week, reflecting a slowing — though far from a halt — in job losses.
June 4, 2020Coronavirus News Updates
US Jobless Claims Slow While Underscoring Persistent Weakness
COVID-19’s Impact on Travel, Safety Varies by Region, Traffic Experts Say
Statewide stay-at-home orders prompted by the coronavirus pandemic have resulted in various trends related to traffic volume and safety, according to transportation experts.
June 3, 2020SUVs and Trucks Solidify Command of Recovering US Auto Market
Sport utility vehicles and trucks are dominating U.S. auto sales like never before as carmakers start to recover from the biggest shock to their industry in decades.
June 3, 2020Survey: 2.76 Million Layoffs in May, Far Fewer Than Expected
U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected.
June 3, 2020TMCSuperTech Canceled; Fall Meeting Will Be Virtual
The Technology & Maintenance Council of American Trucking Associations has canceled its competitions geared toward truck technicians that were scheduled for September.
June 2, 2020American Farmers Can’t Wash Their Hands of All This Corn
American corn farmers are feeling better about their prospects with billions more in government aid and optimal growing conditions. There’s only one downer — demand.
June 2, 2020China Halts Some US Farm Imports, Threatening Trade Deal
Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods, including soybeans, as Beijing evaluates the ongoing escalation of tensions with the U.S. over Hong Kong, according to people familiar with the situation.
June 1, 2020Senate Republicans Seek to Clear Small Business Loan Changes
Senate Majority Leader Mitch McConnell will attempt to expedite approval of changes to the popular Paycheck Protection Program aimed at giving small businesses more flexibility in using the money from the fund, according to Senate aides.
June 1, 2020Uncertainty About OPEC+ Cuts Has Oil Struggling to Sustain Rally
OPEC+ and its allies will decide as soon as this week whether to extend their historic output curbs, yet how long and to what extent global production curtailments remain in place will be crucial to sustaining crude’s rally after a record rebound last month.
June 1, 2020Survey: US Factories Sink in May for Third Straight Month
American factories contracted for the third straight month in May as they continued to sustain economic damage from the coronavirus pandemic.
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