US adds 1.8 million jobs in a sign that hiring has slowed
WASHINGTON — The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent…
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China’s July exports rise despite coronavirus, US tariff war
BEIJING — China’s exports rose by an unexpectedly strong 7.2% in July as the world’s second-largest economy recovered from the coronavirus pandemic. Sales to the…
US average mortgage rates fall; 30-year loan at 2.88%
WASHINGTON — U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this…
Bank of England says economy will take time to heal
LONDON — The Bank of England predicted today that the economic downturn in the U.K. economy might be less severe than it thought at the…
Nintendo profit zooms as virus has homebodies playing games
TOKYO — Nintendo Co.’s profit multiplied more than sixfold in April-June as people stuck at home during the pandemic turned to playing video games. The…
UPDATE: 1.2 million seek jobless aid after $600 federal check ends
UPDATE WASHINGTON — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs…
Hilton sales plunge in 2nd quarter with travel frozen
Hilton lost $432 million in the second quarter, but occupancy rates began to improve as hotels reopen and coronavirus restrictions were lifted around the world….
Papa John’s: 2nd quarter earnings snapshot
LOUISVILLE, Ky. — Papa John’s International Inc. today reported second-quarter net income of $15.7 million. The company said it had net income of 48 cents…
ViacomCBS-A: 2nd quarter earnings snapshot
NEW YORK — ViacomCBS Inc.-A today reported second-quarter profit of $481 million. The company said it had net income of 78 cents per share. Earnings,…
Coronavirus telework is creating opportunities to expand the workforce
Working from home — a privilege previously off-limits to millions of American workers, but now a necessity — has started to include clerical and administrative…