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Federal Reserve Chairman Jerome Powell predicted further uncertainty in the economy, as the central bank announced it would be keeping rates at their current level of near zero. → Read More
Around 1.48 million people filed for initial unemployment benefits last week, the 14th consecutive week where states have processed over a million first-time applications. → Read More
After an unprecedented shutdown, the New York Stock Exchange’s famous trading floor will partially reopen on Tuesday, but there will be no splashy bell-ringing and everyone must wear a mask. → Read More
Another 4.4 million Americans filed for initial jobless claims last week, revealing that at least 26 million people have requested unemployment benefits since the outbreak of the coronavirus pandemic. → Read More
“The labor market is showing us what I think we all know, that the economy is falling off a cliff at an unprecedented rate,” said one economist. → Read More
A record 6.6 million Americans filed for unemployment benefits last week, the latest grim indication of the toll the coronavirus pandemic is taking on the U.S. economy. → Read More
The already rocky relationship between the United States and China has taken a turbulent turn, with Beijing moving to expel U.S. journalists from the country. → Read More
The already rocky relationship between the United States and China has taken a turbulent turn, with Beijing moving to expel U.S. journalists from the country. → Read More
Carly Fiorina, former chief executive officer of Hewlett-Packard Co. and Republican presidential candidate, said she’s faced sexual harassment in both her business and political careers. → Read More
With the new show Junk, Pulitzer Prize winner Ayad Akhar tackles the challenge of re-creating the heady world of 1980s finance. → Read More
Colombian President Juan Manuel Santos and President Donald Trump will discuss how to best to apply pressure to Venezuela when they meet Monday as part of a gathering with other Latin American presidents. → Read More
The U.S. has approved the release of 4.5 million barrels from the Strategic Petroleum Reserve in response to Harvey, more than tripling the amount announced Thursday. → Read More
White House tax negotiators and congressional leaders are still planning to release a document in September outlining agreed-upon principles that will serve as a framework for a tax bill, according to a White House official. → Read More
Commerce Secretary Wilbur Ross said parts of an Asia-Pacific trade deal rejected by the Trump administration could form the basis of a revamped North American Free Trade Agreement. “There are some concessions that the Nafta partners made in connection with the proposed TPP,” Ross said in an interview Wednesday at the Bloomberg Breakaway Summit in New York, referring to the Trans-Pacific… → Read More
The Trump administration’s signature plan to build a wall along the southern U.S. may not stretch across the entire border with Mexico, Homeland Security Secretary John Kelly said. → Read More
The Trump administration’s signature plan to build a wall along the southern U.S. may not stretch across the entire border with Mexico, Homeland Security Secretary John Kelly said. → Read More
Apple Says Three More Suppliers to Use Solely Renewable Power → Read More
IPhone maker expands sustainability push into its supply chain → Read More
Dow Chemical Co. and DuPont Co. face a “still very open” outcome from a European Union antitrust review of their $60 billion merger, EU Competition Commissioner Margrethe Vestager said as the companies met with regulators to defend the deal. → Read More
Margrethe Vestager, the European Union competition chief, said there was a “clash of understanding” with the U.S. Treasury over her order for Apple Inc. to pay as much as 13 billion euros ($14.5 billion) in back taxes. → Read More