Category Archives: National News

Jobless rate spikes to 14.7%, highest since Great Depression

Jobless rate spikes to 14.7%, highest since Great Depression

The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy.MORE

Record 16.8 million have sought US jobless aid since virus

Record 16.8 million have sought US jobless aid since virus

With a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark: More than one in 10 workers have lost their jobs in just the past three weeks to the coronavirus outbreak.MORE

Sanders drops 2020 bid, leaving Biden as likely nominee

Sanders drops 2020 bid, leaving Biden as likely nominee

Sen. Bernie Sanders ended his presidential bid on Wednesday, making Joe Biden the presumptive Democratic nominee to challenge President Donald Trump in a general election campaign that will be waged against the backdrop of the coronavirus pandemic.MORE

White House projects 100K to 240K US deaths from virus

White House projects 100K to 240K US deaths from virus

President Trump called American efforts to slow the spread of the coronavirus “a matter of life and death” and urged the public to heed his administration’s guidelines. “I want every American to be prepared for the hard days that lie ahead,” Trump said. “We’re going to go through a very tough two weeks.”MORE

Trump extends virus guidelines, braces US for big death toll

Trump extends virus guidelines, braces US for big death toll

Bracing the nation for a grim death toll, President Donald Trump on Sunday extended the voluntary national shutdown for a month, bowing to public-health experts who told him the coronavirus pandemic could claim over 100,000 lives in the U.S., perhaps significantly more, if not enough is done to fight it.MORE

US House passes $2.2T rescue package, rushes it to Trump

US House passes $2.2T rescue package, rushes it to Trump

Acting swiftly in an extraordinary time, the House rushed President Donald Trump a $2.2 trillion rescue package Friday, tossing a life preserver to a U.S. economy and health care system left flailing by the coronavirus pandemic.MORE

Tokyo Olympics postponed, U.S. closes in on relief package

Tokyo Olympics postponed, U.S. closes in on relief package

The International Olympic Committee on Tuesday postponed this summer’s Tokyo Games for a year as coronavirus deaths mounted around the world and U.S. lawmakers closed in on a nearly $2 trillion deal to help cushion the economic damage from the crisis.MORE

As crisis deepens, congressional rescue deal teeters

As crisis deepens, congressional rescue deal teeters

Top-level negotiations between Congress and the White House teetered Sunday on a nearly $1.4 trillion economic rescue package, as the coronavirus crisis deepened and President Donald Trump called for a deal to steady a shuttered nation.MORE

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