SILVER SPRING, Md. (AP) — Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever.
DALLAS (AP) — American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic.
WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus.
NEW YORK (AP) — Wall Street is rallying Thursday after a report showed the U.S. job market continues to climb from the crater created by the coronavirus pandemic in the spring.
WASHINGTON (AP) — The Supreme Court will consider ending a lawsuit that claims Nestle and Cargill facilitated the use of child slave labor on cocoa farms in Ivory Coast, a case that could further limit access to U.S. courts by victims of human rights abuses abroad.
DETROIT (AP) — Tesla says it delivered more electric vehicles worldwide in the second quarter than it did in the first. The increase came even though coronavirus restrictions forced it to shut down its only U.S. factory for much of the period.
WASHINGTON (AP) — The U.S. trade deficit rose for the third straight month in May. Both exports and imports fell as the coronavirus outbreak continued to take a toll on world commerce.
BERLIN (AP) — The United States and South Africa have both reported record new daily coronavirus infections, with U.S. figures surpassing 50,000 cases a day for the first time, underlining the challenges still ahead as nations press to reopen their virus-devastated economies.
LONDON (AP) — A British judge on Thursday refused to give Venezuela's Nicolás Maduro control of over $1 billion in gold sitting in a Bank of England vault, ruling that it is unlawful to give it to the socialist leader since Britain does not recognize him as president of the Latin American nation.
SPERLONGA, Italy (AP) — Europe has limited the rise in unemployment caused by the pandemic with a wide array of government support programs, but that cannot hide widespread economic distress and anxiety among workers and small business owners.
BEIJING (AP) — China accused India on Thursday of improperly disrupting activities by Chinese companies in the midst of tensions over a bloody clash between forces along their disputed border.
Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections.
Authorities are closing honky tonks, bars and other drinking establishments in some parts of the U.S. to stem the surge of COVID-19 infections — a move backed by sound science about risk factors that go beyond wearing or not wearing masks.
LANSING, Mich (AP) — Michigan Gov. Gretchen Whitmer said Wednesday that she was closing indoor seating in bars in parts of the state, including a college town where one brewpub has been linked to about 140 infections.
BEIJING (AP) — China has demanded staff and business information from four U.S. media companies including The Associated Press in what it called a necessary response to similar demands by Washington on Chinese state-controlled news outlets.