• COVID-19 danger continues to drive joblessness in US

    8 days ago - By Chron

    WASHINGTON - The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high number of people that illustrates the broad economic damage still taking place nine months after the first case of COVID-19 was detected in the U.S.
    The Labor Department said Thursday that U.S. jobless claims fell by 33,000 form the previous week and that 12.6 million are collecting traditional unemployment benefits, compared with just 1.7 million a year ago.
    The pandemic has delivered a colossal shock to the economy. Until the pandemic upended the operations of American...
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  • CVS Doubles Covid-19 Test Sites While Walgreens Targets Employers

    8 days ago - By Forbes

    CVS Health said it would double its drive-thru testing sites for the coronavirus strain Covid-19 to 4,000 while Walgreens confirmed plans to expanding its testing to include employers.
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  • Hunting Licenses Surge, Pushing Gun Sales Higher, As Coronavirus Drives Americans Outdoors

    8 days ago - By Forbes

    Hunting is becoming more popular than ever, creating a boon for the gun industry and outdoor retailers in an otherwise sluggish economy, as the Covid-19 pandemic pushes Americans out of the cities and into the great outdoors.
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  • Yelp says 60% of US businesses that closed due to COVID-19 won't re-open

    Yelp says 60% of US businesses that closed due to COVID-19 won't re-open

    8 days ago - By Business Insider

    Summary List Placement 60% of businesses that shut down in the US from the start of the pandemic as of August 31 won't be reopening, Yelp said Wednesday.
    As of 31 August, 163,735 US businesses have shut down, a 23% rise since mid-July.
    Yelp said the restaurant industry was most heavily affected with closures totalling 32,109 as of August 31.
    Visit Business Insider's homepage for more stories .
    COVID-19 is continuing to cripple the economy as 60% of US businesses that have been shut since the start of the coronavirus pandemic won't ever reopen, according to the latest Economic Impact Report...
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  • US weekly jobless claims decline to 860,000 amid signs of economic recovery

    US weekly jobless claims decline to 860,000 amid signs of economic recovery

    8 days ago - By Business Insider

    Summary List Placement The number of Americans filing for unemployment benefits decreased last week, offering an encouraging sign for the ongoing US economic recovery.
    New US weekly jobless claims totaled an unadjusted 860,000 for the week that ended Saturday, the Labor Department reported Thursday. That reading slightly exceeded the median economist estimate of 850,000 compiled by Bloomberg, although it did reflect a decline from the prior period.
    Continuing claims, which represent the aggregate total of Americans receiving unemployment benefits, came in at 12.6 million for the week ended...
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  • COVID-19 danger continues to drive joblessness in US

    8 days ago - By Chron

    WASHINGTON - The number of Americans who sought unemployment benefits last week likely numbered in the hundreds of thousands with COVID-19 seeding broad economic damage nine months after the first case was confirmed in the U.S.
    Economists believe that around 850,000 people sought jobless aid, down from 884,000 the week before, according to a survey by the data firm FactSet.
    The pandemic has delivered an unprecedented shock to the economy. Until the pandemic upended the operations of American companies, from factories to family diners, weekly jobless aid applications had never exceeded...
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