Tag: Economy

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US Economy Gains Only 245,000 Jobs In November As Virus Intensifies

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["WASHINGTON (AP) — America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown. At...

Why Trump Voters Used The Economy As An Excuse To Vote For Him

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["Donald Trump will leave office with the economy considerably worse off compared to where it was when he was elected four years ago. The unemployment rate hit 6.9% in October, down from record double-digits in April,...

Pete Buttigieg Schools Fox News Viewers In Testy Interview On Trump’s Economy

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["Pete Buttigieg delivered what’s becoming a signature Fox News fact-check about Donald Trump in a tense interview about the economy under the president’s leadership. The former Democratic presidential candidate and m...

Trump’s Most Effective Lie Has Been The Economy, But It May Have Lost Its Punch

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["WASHINGTON — President Donald Trump’s most frequent and most effective lie, that he had built “the greatest economy in history,” appears to be losing its punch at the worst possible time for him. Trump has never had...

U.S. Jobless Claims Fall As Virus Resurges, Threatens To Weaken Economy

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["WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it’s still historically high and indicates the viral pandemic is still forcing many empl...

U.S. Economy Rebounds, But Recovery Remains Far From Complete

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["WASHINGTON (AP) — The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring, when the eruption o...