July 30, 2020

The number of Americans who filed new claims for unemployment benefits last week totaled 1.434 million, the Labor Department reported Thursday, roughly in line with expectations, as the coronavirus pandemic continues to ravage the U.S. economy. It was the 19th straight week in which initial claims totaled at least 1 million and the second consecutive week in

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June 25, 2020

Stocks fell for a second day on Thursday following the release of disappointing unemployment data while traders grappled with a rising number of coronavirus cases. The Dow Jones Industrial Average traded 200 points lower, or 0.8%. The S&P 500 slid 0.7% while the Nasdaq Composite dropped 0.8%. An additional 1.48 million Americans filed for unemployment benefits last

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June 15, 2020

The stock market slid sharply with Monday’s opening bell, after new coronavirus outbreaks sparking more concern among investors about economic recovery. The Dow Jones Industrial Average was down around 500 points, or 2 percent, shortly after market open. The tech-heavy Nasdaq was down 108 points, and the Standard & Poor’s 500 index was down 57

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May 5, 2020

Today’s Top Stories is brought to you by My Daily Grind News. The Lede Models Project Sharp Rise in Deaths as States Reopen An internal Trump administration report expects about 200,000 daily cases by June. The White House bars coronavirus task force officials from testifying to Congress without approval. A Trump administration projection and a

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April 3, 2020

Coronavirus update: 1,056,077 infected, up from 962,977 yesterday. 55,781 deaths, up from 49,180 yesterday. Relevant COVID-19 stories: Coronavirus Vaccine Race Gets Unlikely Partner: Cigarette Makers Experts tell White House coronavirus can spread through talking or even just breathing Coronavirus at beaches? Surfers, swimmers should stay away, scientist says Economy Update: DJIA is down about 400

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April 2, 2020

Coronavirus update: 962,977 infected, up from 905,279 yesterday. 49,180 deaths, up from 45,497 yesterday. Relevant COVID-19 stories: Pentagon Confirms It’s Seeking 100,000 Body Bags in Virus Crisis Trump’s new coronavirus argument: 2 million people are being saved Economy Update: DJIA is, surprisingly, UP near 300 points, at 21k. I say surprising because the US just

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April 2, 2020

Jobless claims surge by an astounding 6.6 million as the coronavirus pandemic-led shutdown of the U.S. economy spurs unprecedented claims. More than 6.6 million Americans filed for unemployment benefits in the last week of March, the U.S. Labor Department reported on Thursday – an unheard of number never before recorded in the U.S. – as

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March 31, 2020

Coronavirus update: 803,650 infected, up from 741,030 yesterday.39,545 deaths, up from 35,114 yesterday. Relevant COVID-19 stories: New York is fast becoming the world’s next coronavirus hotspot The Instacart strike, explained – Amazon, Whole Foods, Instacart workers on strike due to poor working conditions 6 feet enough for social distancing? MIT researcher says droplets carrying coronavirus

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