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Tuesday, October 27, 2020
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Mexican president pledges to ban outsourcing of jobs

MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador proposed Tuesday a blanket ban on sub-contracting or outsourcing of jobs by private companies,...

Spanish unemployment rises to 16.3% amid pandemic

MADRID (AP) — Spain says 355,000 more people were left unemployed in the third quarter, bringing the total jobless rate up to 16.3% from...

Lithuania holds parliamentary vote as pandemic hits jobs

VILNIUS, Lithuania (AP) — Lithuanians voted Sunday in a parliamentary runoff where the winner will have to tackle a growing health crisis and high...

Biden calls for ‘transition’ from oil, GOP sees opening

Democrat Joe Biden's remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night...

Unemployment fraud concerns prompt action in California

SACRAMENTO, Calif. (AP) — At least 350,000 debit cards filled with money for unemployment benefits in California have been frozen because of suspected fraud,...

California court says Uber, Lyft drivers are employees

SAN FRANCISCO (AP) — A California appeals court on Thursday upheld an order requiring Uber and Lyft to treat their California drivers as employees...

UK boosts business aid amid pressure to ease virus impact

LONDON (AP) — U.K. Treasury chief Rishi Sunak is increasing subsidies for bars, pubs and restaurants hammered by strict new measures to slow the...

US jobless claims drop to 787,000, but layoffs remain high

WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased...

Older workers face higher unemployment amid virus pandemic

For the first time in nearly 50 years, older workers face higher unemployment than their midcareer counterparts, according to a study released Tuesday by...

Report showing gains in bank access overshadowed by COVID

CHARLOTTE, N.C. (AP) — ...

California jobless rate dips as jobs added despite pandemic

SACRAMENTO, Calif. (AP) — California has regained more than a third of the 2.6 million nonfarm jobs the nation's most populous state lost to...

10 charged with unemployment insurance fraud in Nevada

CARSON CITY, Nev. (AP) — On a 104-degree day in Las Vegas, Kenneth Greenland and Brittany Griesel were cruising down Sahara Boulevard in a...

The Latest: NCarolina virus numbers head in wrong direction

RALEIGH, N.C. — North Carolina’s top public health official is warning that the state’s coronavirus numbers are heading in the wrong direction as the...

South Africa extends relief grants to help poor amid virus

JOHANNESBURG (AP) — South African President Cyril Ramaphosa announced Thursday that his government will extend relief grants to 6 million of the country’s unemployed...

Pandemic driving children back to work, jeopardizing gains

JOTOLCHEN, Mexico (AP) — The coronavirus pandemic is threatening the future of a generation of the world’s children, depriving them of schooling and sending...

US jobless claims rise to 898,000 with layoffs still high

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high...

UK defends new virus restrictions; critics say it’s too late

LONDON (AP) — Britain’s government on Tuesday defended its new three-tier system of COVID-19 risks and restrictions, but critics suggested it was too little,...

UK unemployment ascent accelerates amid winter job fears

LONDON (AP) — Unemployment in the U.K. spiked higher in August, a clear sign that the jobless rate is heading towards levels not seen...

Trump vs. Biden: Where they stand on health, economy, more

WASHINGTON (AP) — Amid the tumult of the 2020 presidential campaign, one dynamic has remained constant: The Nov. 3 election offers voters a choice...

AP Interview: Barça VP says Messi never was for sale

BARCELONA, Spain (AP) — Hobbled by crises on the field and among its fed-up club members, Barcelona never waivered in its commitment to Lionel...

UK bolsters salary support for those hit by local lockdowns

LONDON (AP) — The British government said Friday it will pay two thirds of the salaries of workers in companies that have to close...

COVID-19 relief pushes U.S. budget deficit to a record $3.1T

WASHINGTON (AP) — New, eye-popping federal budget figures released Thursday show an enormous $3.1 trillion deficit in the just-completed fiscal year, a record swelled...

US layoffs still high, but so is skepticism on jobless data

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months...

California’s unemployment backlog shrinks to 1.3 million

SACRAMENTO, Calif. (AP) — California embattled unemployment benefits agency said Wednesday it has cleared about 246,000 of its more than 1.6 million backlogged claims...

In about-face, Trump seeks to salvage parts of virus aid

WASHINGTON (AP) — President Donald Trump on Wednesday tried to salvage a few priority items lost in the rubble of COVID-19 relief talks that...

Trump halts COVID-19 relief talks until after election

WASHINGTON (AP) — President Donald Trump on Tuesday called an abrupt end to negotiations with Democrats over additional COVID-19 relief, delaying action until after...

Fed’s Powell: Lack of further stimulus imperils recovery

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Tuesday that a tentative recovery from the pandemic recession could falter unless the federal government...

US job postings edge lower, to 6.49 million

WASHINGTON (AP) — U.S. employers advertised slightly fewer jobs in August as hiring ticked up modestly. ...

UK’s hospitality sector sounds alarm on jobs amid curfew

LONDON (AP) — The U.K.'s pubs and restaurants could see well over 500,000 job losses by the end of 2020 as a result of...

Australia plans massive pandemic budget, record deficit

CANBERRA, Australia (AP) — The Australian government on Tuesday announced plans to cut income taxes, create jobs for young people and stimulate business investment...

Mexico announces $14 billion in infrastructure projects

MEXICO CITY (AP) — Mexico’s president announced a program of 39 joint public-private infrastructure projects Monday worth about $14 billion to help revive the...

Service sector grows for the 4th consecutive month

WASHINGTON (AP) — The U.S. services sector, where most Americans work, grew for a fourth consecutive month in September as the country attempts to...

Survey: Business economists see coronavirus as biggest risk

WASHINGTON (AP) — The U.S. economy faces risks from a potential resurgence of the coronavirus and from the failure so far of Congress to...

Stocks end bumpy day lower after Trump’s positive virus test

NEW YORK (AP) — Wall Street’s major stock indexes fell on Friday after President Donald Trump tested positive for the coronavirus, but the losses...

Pre-election economy: Unemployment falls, but hiring slows

WASHINGTON (AP) — The final jobs report before Election Day a month from now showed hiring slowed in September even as the U.S. unemployment...

Mexican workers send home huge amounts of money amid virus

PHOENIX (AP) — The coronavirus pandemic stopped work for nearly a month at the California farm where Luis earns $80 a day picking tomatoes,...

India’s contracting economy rebooting from coronavirus blow

NEW DELHI (AP) — Millions of distressed Indian manufacturers and traders are counting on the eagerly-awaited October-December festive season to rescue them from their...

Asia shares mixed in thin holiday trading after Wall St gain

Asian shares were mixed Friday in thin holiday trading, with markets in South Korea, Shanghai and Hong Kong closed. ...

House Democrats pass partisan COVID bill; relief talks drag

WASHINGTON (AP) — Democrats controlling the House narrowly passed a $2.2 trillion COVID-19 relief bill Thursday night, a move that came as top-level talks...

Unemployment marches higher in Europe as pandemic grinds on

FRANKFURT, Germany (AP) — Unemployment rose for a fifth straight month in Europe in August and is expected to grow further amid concern that...

US layoffs remain elevated as incomes and spending weaken

WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to...

US housing roars back despite recession, high unemployment

LOS ANGELES (AP) — The U.S. housing market has staged a furious comeback this summer, even as the economy struggles to regain its footing...

Consumer spending gains slow to 1% in August

WASHINGTON (AP) — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during...

Tokyo trading stops over system failure, China on holiday

TOKYO (AP) — Trading on the Tokyo Stock Exchange was suspended Thursday because of a problem in the system for relaying market information. Most...

Pelosi and Mnuchin have ‘extensive’ talks on COVID relief

WASHINGTON (AP) — House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin held an “extensive conversation" Wednesday on a huge COVID-19 rescue package, meeting...

Wall Street rallies to close out strong, but wild quarter

NEW YORK (AP) — U.S. stocks rallied on Wednesday, but only after zooming up, down and back up again in a fitting end to...

Ski resorts struggle to hire amid Trump’s student visa ban

DENVER (AP) — Milagros Sotelo was looking forward to traveling from South America to Tennessee to start a job at Ober Gatlinburg ski resort...

German jobless rate falls in September, fewer on furlough

BERLIN (AP) — Germany's unemployment rate declined in September despite the coronavirus pandemic, official data showed Wednesday. Jobless figures have been kept lower by...

Markets mixed after Trump-Biden debate; data lifts China

Stocks were mixed in Asia on Wednesday while upbeat manufacturing data lifted shares in China as investors studied the outcome of the debate between...

Swiss-EU relations back on ballot over freedom of movement

GENEVA (AP) — The Swiss will vote this weekend on a renewed proposal to limit the number of European Union nationals allowed to live...

Fraud, backlogs disrupt US unemployment benefit payments

WASHINGTON (AP) — Many American workers applying for unemployment benefits after being thrown out of a job by the coronavirus face a new complication:...

Mnuchin and Powell back jobless aid and small business loans

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the government’s top priorities in any new economic...

UK announces new plan to help workers hit by pandemic

LONDON (AP) — Britain’s treasury chief announced a new income support program Thursday for workers hurt by the coronavirus pandemic, as the government races...

Met Opera skips this season, 1st Black composer opens ’21-22

NEW YORK (AP) — The Metropolitan Opera will skip an entire season for the first time in its nearly 140-year history and intends to...

Powell faces lawmakers’ skepticism on some Fed aid programs

WASHINGTON (AP) — Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced recession from assertions that...

UN labor agency: Growing rich-poor gap amid COVID pandemic

GENEVA (AP) — The U.N. labor agency warned Wednesday that the coronavirus pandemic has led to a massive drop in income for workers around...

Congress seeks to block goods from China over forced labor

WASHINGTON (AP) — A bipartisan bill aimed at keeping goods out of the U.S. that are made with the forced labor of detained ethnic...

Powell and Mnuchin voice optimism but back more economic aid

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from...

Report: California unemployment agency does less with more

SACRAMENTO, Calif. (AP) — The California unemployment agency’s two call centers to field questions about jobless benefits had two major problems as millions of...

Soaring wealth during pandemic highlights rising inequality

WASHINGTON (AP) — Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in...

Public sector strikes to hit Germany next week over wages

BERLIN (AP) — Public sector workers in Germany will start staging short-term warning strikes after the latest round of wage negotiations failed to produce...

The Latest: U of Colorado shifting students for virus cases

DENVER — The University of Colorado has forced some students to move out of their dorms to create more isolation housing for students with...

California jobless rate falls with help of temporary jobs

SACRAMENTO, Calif. (AP) — A raft of temporary government jobs for the U.S. Census boosted California's economy in August as the state added 101,900...

Fraud arrests made over California’s unemployment benefits

BEVERLY HILLS, Calif. (AP) — Investigators unraveling an identity fraud scheme targeting California’s unemployment system have arrested 44 people in Beverly Hills this month...

COVID-19 danger continues to drive joblessness in US

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high number of people that illustrates...

French unions protest tire factory closure amid virus crisis

PARIS (AP) — Workers protested Thursday at a Bridgestone tire factory in northern France over the company’s decision to close the plant and lay...

New companies face tough task overcoming pandemic, recession

NEW YORK (AP) — Julie Campbell had to rethink her new wallpaper business before she could sell her first sheet. ...

Fed sees rates near zero through 2023, perhaps longer

WASHINGTON (AP) — With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signaled Wednesday that their benchmark short-term interest...

Retail sales rise for 4th straight month as growth slows

NEW YORK (AP) — Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs...

Pelosi: House to stay in session until COVID-19 rescue pact

WASHINGTON (AP) — Speaker Nancy Pelosi said Tuesday the House will remain in session until lawmakers deliver another round of COVID-19 relief, a move...

Apple debuts discount watch, but no new iPhones … yet

SAN RAMON, Calif. (AP) — Apple introduced a cheaper version of its smartwatch, its latest attempt to broaden the appeal of its trend-setting products...

Dutch government unveils budget overshadowed by virus

THE HAGUE, Netherlands (AP) — The Dutch government plans to invest in protecting jobs and businesses during the coronavirus crisis but warned Tuesday as...

Federal Reserve to meet after sharp changes to its outlook

WASHINGTON (AP) — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways...

The Latest: Biden vows to ‘restore dignity for everyone’

WASHINGTON (AP) — The Latest on the U.S. presidential campaign (all times local): ...

The Latest: South Korea stays in downward infection trend

SEOUL, South Korea — South Korea’s daily count of new coronavirus cases is under 200 for a ninth straight day, continuing a downward trend...

Money for $300 unemployment boost to run out after 6 weeks

The temporary $300-a-week unemployment insurance boost implemented by President Donald Trump is about to end, with no extension in sight. ...

Virus bill blocked in Senate as prospects dim for new relief

WASHINGTON (AP) — Senate Democrats scuttled a scaled-back GOP coronavirus rescue package on Thursday as the parties argued to a standstill over the size...

$300 in US jobless aid running out even as more seek help

WASHINGTON (AP) — The nation's unemployment safety net is looking increasingly shaky, with a $300-a-week federal jobless benefit from the Trump administration running out...

US long-term mortgage rates fall; 30-year at 2.86%

WASHINGTON (AP) — U.S. average rates on long-term mortgages fell this week amid signs that the halting economic recovery slowed over the summer. The...

Biden aims to rebuild ‘blue wall’ in Michigan visit

WARREN, Mich. (AP) — Joe Biden traveled to suburban Detroit on Wednesday to make a direct appeal to blue-collar workers who might have voted...

Now hiring: California offers credits to small businesses

SACRAMENTO, Calif. (AP) — With millions of people out of work in California, Gov. Gavin Newsom on Wednesday signed a law giving tax breaks...

What slowdown? Amazon seeks to hire 33,000 people

NEW YORK (AP) — Amazon is on a hiring spree. ...

U.S. job postings rise to 6.6 million in July

WASHINGTON (AP) — U.S. employers advertised more jobs but hired fewer workers in July, sending mixed signals about the job market in the wake...

Trump, Biden spar over economy, workers in Labor Day blitz

HARRISBURG, Pa. (AP) — Democratic presidential nominee Joe Biden and President Donald Trump spent Monday diminishing each other's credentials on the economy and understanding...

Child care crisis pushes US mothers out of the labor force

NEW YORK (AP) — Angela Wynn had just launched her own project management business, hitting a career stride after years of struggle that began...

Dueling versions of reality define 1st week of fall campaign

NEW YORK (AP) — On the campaign trail with President Donald Trump, the pandemic is largely over, the economy is roaring back, and murderous...

Stocks claw back some of their losses in another rocky day

The stock market closed out its worst week in more than two months Friday as a second straight day of turbulent trading ended with...

Dueling versions of reality define 1st week of fall campaign

NEW YORK (AP) — On the campaign trail with President Donald Trump, the pandemic is largely over, the economy is roaring back, and murderous...

Biden confirms virus test, says he’ll be tested regularly

WILMINGTON, Del. (AP) — Joe Biden said Friday that he's been tested at least once for the COVID-19 virus and promised he will be...

US unemployment rate falls to 8.4% even as hiring slows

WASHINGTON (AP) — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.4%, with about half the 22 million jobs lost to...

Belarus’ opposition challenger urges UN action amid protests

KYIV, Ukraine (AP) — Hundreds of students, information technology workers and others rallied again in Belarus' capital Friday to protest the disputed reelection of...

Fraud concerns over California’s unemployment benefits

SACRAMENTO, Calif. (AP) —...

A new $300 federal jobless benefit? Not likely for some

JACKSON, Mississippi (AP) —...

Many more likely sought jobless aid as layoffs remain high

WASHINGTON (AP) — The...

Slammed by virus, France unveils huge economic rescue plan

PARIS (AP) — Facing...

U.S. productivity rises a record 10.1% in second quarter

SILVER SPRING, Md. (AP)...

Asian stock markets follow Wall Street higher

Asian stock markets rose...

Fed survey finds widespread pessimism about economic future

WASHINGTON (AP) — The...

Survey: US companies added just 428,000 jobs last month

WASHINGTON (AP) — U.S....

Asian shares mixed after US rally, positive data

TOKYO (AP) — Asian...

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