by Jim Heath | Jul 30, 2020 | Economy, Headlines
Economic output fell at its fastest pace on record last spring as the coronavirus pandemic forced businesses across the United States to close their doors and kept millions of Americans shut in their homes for weeks. Business ground to a halt during the pandemic...
by Jim Heath | Jun 10, 2020 | Economy, Headlines
The deficit in the first eight months of the 2020 fiscal year hit a record $1.9 trillion, surpassing the largest annual deficit on record, $1.4 trillion in 2009. Treasury Department data released today found that the deficit for May hit $399 billion, the second...
by Jim Heath | May 8, 2020 | coronavirus, Economy, Headlines, Health
The U.S. lost 20.5 million jobs in April amid the economic devastation of the coronavirus pandemic as the steepest recorded surge in American unemployment nearly wiped out a decade of job gains, according to data released Friday by the Bureau of Labor Statistics...
by Jim Heath | Apr 16, 2020 | coronavirus, Headlines, Health
Big money business interests, religious freedom conservatives and small-government activists are asking President Trump to ignore medical and scientific experts and immediately reopen the economy. Car-honking activists swarmed a statehouse yesterday to protest...
by Jim Heath | Apr 9, 2020 | coronavirus, Economy, Headlines, Health
President Trump today shrugged off the need to significantly expand nationwide coronavirus testing capabilities in order to be able to restart the U.S. economy and then keep it open. Trump, who has expressed optimism that parts of the country could begin easing social...
