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Tag : Layoffs and Job Reductions

Politics

U.S. Economy Stumbles as the Coronavirus Spreads Widely

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Layoffs are rising again and Americans’ incomes are falling, the latest signs that the one-two punch of a resurgent pandemic and waning government aid are...
Politics

Trump’s Manufacturing Promises Disappoint as Economy Sours

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WASHINGTON — At a 2018 groundbreaking ceremony for a Foxconn plant in Wisconsin, President Trump declared that the factory would be the “eighth wonder of...
Politics

‘Staggeringly High’: U.S. Jobless Claims Remained Elevated Last Week

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Applications for jobless benefits remained high last week, even as the collapse of stimulus talks in Washington raised fears of a new wave of layoffs....
Politics

‘The Coal Industry Is Back,’ Trump Proclaimed. It Wasn’t.

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PAGE, Ariz. — For decades, waves of electricity poured from this behemoth of a power plant on the high desert plateau of the Navajo reservation...
Politics

As Trump’s Diagnosis Spooks G.O.P., Pelosi Projects Optimism on Stimulus Deal

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WASHINGTON — Speaker Nancy Pelosi of California on Friday suggested that President Trump’s coronavirus diagnosis could help to break a stalemate over a stimulus package to...
Politics

U.S. Risks Repeating 2009 Mistakes as Economic Recovery Slows

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Trillions of dollars in federal aid to households and businesses has allowed the U.S. economy to emerge from the first six months of the coronavirus...