President Donald Trump says the coronavirus pandemic showed he was “right” about the importance of U.S. manufacturing and moving supply chains out of China, as he blamed that country anew for not doing enough to slow the pandemic. “Everything I ...

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Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions. Roughly 36 million people ...

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America faces the “darkest winter in modern history” unless leaders act decisively to prevent a rebound of the coronavirus, says a government whistleblower who alleges he was ousted from his job after warning the Trump administration to prepare for the ...

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Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage. The Fed and Congress have taken ...

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Brutal. Horrific. Tragic. Choose your description. The April jobs report showed, in harrowing detail, just how terribly the coronavirus outbreak has pummeled the U.S. economy. Most obviously, there’s the 14.7 percent unemployment rate, the highest since the Great Depression. And ...

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Advice from the top U.S. disease control experts on how to safely reopen businesses and institutions during the coronavirus pandemic was more detailed and restrictive than the plan released by the White House last month. The guidance, which was shelved ...

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Dr. Anthony Fauci, the nation’s top infectious disease expert, warned  Congress that reopening the economy too soon during the  coronavirus pandemic will result in “needless suffering and death.” Fauci testified Tuesday to a Senate panel. His testimony comes as President ...

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A majority of Americans disapprove of protests against restrictions aimed at preventing the spread the coronavirus, according to a new poll that also finds the still-expansive support for such limits — including restaurant closures and stay-at-home orders — has dipped ...

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The U.S. unemployment rate hit 14.7 percent in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done ...

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With graduation looming, the future is looking a lot less bright than it did just a few months ago for college seniors. They are entering a job market flooded with tens of millions of workers who have lost their jobs ...

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The Trump administration has dispensed about $530 billion to millions of small businesses to cushion them from the sharp downturn induced by the coronavirus. The question is: how effective will the Paycheck Protection Program be? Some small business owners say ...

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