RALEIGH – Gov. Roy Cooper announced on Wednesday, Sept. 30 that the state will move forward into Phase 3, although restrictions will continue in some areas. In today’s executive order, which takes effect at 5 […]
ORLANDO, Fla. — Squeezed by limits on attendance at its theme parks and other restrictions due to the pandemic, The Walt Disney Co. said Tuesday it planned to lay off 28,000 workers in its parks […]
NEW YORK — Amazon is aiming to kickstart the holiday shopping season early this year. The company is holding its annual Prime Day over two days in October this year, after the pandemic forced it […]
WASHINGTON, D.C. — With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signaled Wednesday that their benchmark short-term interest rate will likely remain at zero at least through 2023 and […]
WALTHAM, Mass. — Raytheon Technologies Corp. plans to eliminate more than 15,000 jobs this year at its corporate offices, jet engine-maker Pratt & Whitney and aviation and military equipment manufacturer Collins Aerospace amid the downturn […]
NEW YORK — Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort orders, working in […]
The coronavirus has upended countless jobs, schools and bank accounts. But while undoubtedly more people are struggling than not, those who are still working may have seen their expenses actually drop due to canceled travel, […]
WASHINGTON, D.C. — The U.S. unemployment rate fell sharply in August to 8.4% from 10.2. Employers added 1.4 million jobs, the Labor Department said, and the U.S. economy has recovered about half the 22 million […]
WASHINGTON, D.C. — U.S. average rates on long-term mortgages changed little this week, remaining at historically low levels that has sparked demand for homes. Mortgage buyer Freddie Mac reported Thursday that the average rate on […]
WASHINGTON, D.C. — The number of laid-off Americans applying for unemployment benefits fell to a still-elevated 881,000 last week, evidence that the viral pandemic keeps forcing many businesses to slash jobs. The latest figures, released […]
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