Unemployment Rate Fell to 10.2% in July, U.S. Employers Added 1.8 Million Jobs
Employers added 1.8 million jobs in July and the unemployment rate fell to 10.2%, so far recovering less than half of the jobs lost due to the pandemic.
U.S. Stocks Slip at End of Big Week
U.S. stocks slipped as the latest employment report showed the economy added more jobs than expected last month, though the pace of the recovery stalled.
Commercial Real-Estate Bank Loans Are About to Get Real
Commercial real-estate loans to fund malls, offices and the like could end up performing worse than expected.
Negotiators Close In on Coronavirus Aid Deadline With No Deal
Talks between White House officials and Democratic leaders on a new coronavirus-aid package ended without a breakthrough as both sides edged closer to the Trump administration's Friday deadline for reaching a deal or leaving the bargaining table.
China Trade Rides a Wave in July After Coronavirus Restrictions Ease
China's exports picked up momentum in July for the second straight month, as global demand recovered with the easing of coronavirus-related restrictions.
Trump Executive Orders Target TikTok, WeChat Apps
President Trump issued a pair of executive orders imposing new limits on Chinese social-media apps TikTok and WeChat, escalating tensions with Beijing and effectively setting a 45-day deadline for an American company to purchase TikTok's U.S. operations.
U.S. Covid-19 Death Toll Tops 160,000
The U.S. death toll from the coronavirus pandemic passed 160,000, as parts of the country showed signs that the virus's spread was easing.
How a Tenuous Saudi-Russia Oil Alliance Could Melt Down
Rebounding oil prices have the potential to show the cracks that already exist in the delicate cooperation between the powerful oil-producing nations
Trump to Reimpose Aluminum Tariffs on Canada
Just a little over a month after implementing the new U.S.-Mexico-Canada Agreement designed to lower trade barriers across North America, the Trump administration has decided to reimpose tariffs on Canadian aluminum.
Lumber Futures Price Climbs to Record High
Demand for the raw material has been boosted during the pandemic by a do-it-yourself remodeling boom and resurgent home builders.
