The number of Americans filing for unemployment benefits because of the coronavirus has soared past 30 million, worsening a crisis unmatched since the 1930s and turning up the pressure on political leaders to lift restrictions that are choking the economy. Government figures released Thursday showed that 3.8 million laid-off workers… Read More

Unemployment in the U.S. has swelled to levels last seen during the Great Depression of the 1930s, with 1 in 6 American workers thrown out of a job by the coronavirus. More than 4.4 million laid-off workers applied for unemployment benefits last week, the government said Thursday. In all, roughly… Read More

The government’s lending program for small businesses is on hold. The Small Business Administration said Thursday that it reached the $349 billion lending limit for the program, after approving nearly 1.7 million loans. Thousands of small business owners whose loans have not yet been processed must now wait for Congress… Read More

The ranks of Americans thrown out of work by the coronavirus ballooned Thursday to at least 22 million in just four weeks, an unprecedented collapse that has fueled widening protests and propelled President Donald Trump’s push to relax the nation’s social distancing guidelines. Trump planned to announce new recommendations later… Read More

by Frank Holmes, reporter As deaths from coronavirus sweep all 50 states, President Donald Trump is drawing up plans to make China pay for spreading the deadly global health pandemic. Chinese media outlets have admitted that Communist officials knew the virus, which originated in Wuhan, was spreading like wildfire. If… Read More