WASHINGTON, D.C. — The United States added 1.8 million jobs in July, evidence that the resurgent coronavirus could be stalling hiring and slowing an economic rebound. With confirmed viral cases still elevated in much of […]
NEW YORK — Uber lost $1.78 billion in the second quarter as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to reduce the spread of the coronavirus. […]
NEW YORK — The check has arrived and beleaguered restaurant owners across America are looking down on their empty wallets. Government coronavirus loans in the spring helped eating establishments rehire laid-off employees and ride out […]
NEW YORK — Lord & Taylor, America’s oldest retailer, is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in […]
PARIS — With no American visitors to show around the D-Day beaches or the Loire Valley’s chateaux, and no work on the immediate horizon, Paris tour guide Linda Zenou frets about how she’ll pay off […]
Spirit Airlines has warned up to 30% of its employees that they will lose their jobs in October, and regional carrier ExpressJet’s future is in doubt after losing a key contract as the virus pandemic […]
WASHINGTON, D.C. — The U.S. economy shrank at a 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of […]
WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic recovery that followed a collapse in hiring and spending this spring. As a result, he said, […]
Wall Street is in the throes of a gold rush, as investors drive the price of the precious metal to new heights. Gold has been the best investment of the year so far. The price […]
BURTON, Mich. — Crystal and Chris Martin put off some payments on their home in this blue-collar town near Flint and are pinching pennies to make ends meet until they return to work. In Windsor, […]
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