July 30, 2020

WASHINGTON (AP) — The U.S. economy shrank at a dizzying 32.9% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday. The Commerce Department’s estimate of

Read More

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

Read More

June 1, 2020

A report that China has halted some U.S. farm imports sent U.S. stock futures lower ES00, -0.04% early on Monday. Bloomberg News reported China told state-run companies to pause purchases of U.S. products including soybeans, as pork products orders also were cancelled, the report said. European stocks SXXP, +0.79% also moved off the highest levels of the session. Source:

Read More

April 29, 2020

Today’s Top Stories is brought to you by My Daily Grind News. Coronavirus update: 3,139,415 confirmed infections, up from 3,061,521 yesterday. 218,456 confirmed deaths, up from 212,083 yesterday. The U.S. Hits 1 Million Coronavirus Cases, One-Third Of All The World’s Cases US could be in for ‘a bad fall and a bad winter’ if it’s

Read More

April 7, 2020

Coronavirus update: 1,363,35 infections, up from 1,289,380 yesterday. 76,420 deaths, up from 70,590 yesterday. Relevant COVID-19 stories: Grocery workers are beginning to die of coronavirus Staggering Surge Of NYers Dying In Their Homes Suggests City Is Undercounting Coronavirus Fatalities Economy Update: Dow Jones is up 523, to 23,203.00. Are we in a mini-bull market? Dead

Read More

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

Read More