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Fed survey says economy has picked up but outlook cloudy

WASHINGTON (AP) - The Federal Reserve says economic activity has picked up in most regions of the country but still remains well below pre-pandemic...

Singapore governing party set to extend power in elections

SINGAPORE (AP) - Singaporeans vote Friday in Southeast Asia’s first election since the coronavirus pandemic began, with the health crisis and a grim economy...

Wall Street slips as virus outbreaks dim rebound hopes

U.S. stocks are falling in early trading Tuesday as expanding coronavirus outbreaks dim hopes for a speedy recovery. The S&P 500 and Dow Jones...

EU forecasts deeper economic hit from pandemic

BRUSSELS (AP) - The European Union's executive arm forecasts that the bloc's economy will contract more than previously expected because of the coronavirus pandemic,...

Jean Castex named as new French prime minister

PARIS (AP) - French President Emmanuel Macron on Friday named Jean Castex, who coordinated France’s virus reopening strategy, as the country's new prime minister.The...

A predicted surge in US job growth for June might not...

WASHINGTON (AP) - U.S. employers likely rehired several million more workers in June, thereby reducing a Depression-level unemployment rate, but the most up-to-date data...

A predicted surge in US job growth for June might not...

WASHINGTON (AP) - U.S. employers likely rehired several million more workers in June, thereby reducing a Depression-level unemployment rate, but the most up-to-date data...

Stocks sink on Wall Street as new daily virus cases surge

Stocks fell sharply on Wall Street Friday as the number of confirmed new coronavirus cases in the U.S. hit an all-time high, stoking worries...

US consumer spending up 8.2%, partly erasing record plunge

WASHINGTON (AP) - American consumers increased their spending by a record 8.2% in May, partly erasing huge plunges the previous two months, against the...

US consumer spending up 8.2%, partly erasing record plunge

WASHINGTON (AP) - American consumers increased their spending by a sharp 8.2% in May, partly erasing record plunges the previous two months, against the...