June 5, 2020

Surprise U.S. unemployment rate drop leaves out blacks, Asians

The U.S. unemployment rate dropped unexpectedly in May, but not all workers benefited equally as joblessness among African Americans and Asians rose, signaling some minorities face […]
June 5, 2020

May’s jobs report stunner: real deal or head fake?

The U.S. economy unexpectedly added jobs in May, surprising economists and analysts who had forecast millions more losing their livelihoods, and raising hopes of a faster […]
June 5, 2020

Wall Street rallies to end higher on surprise U.S. jobs report

Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a […]
June 5, 2020

Chevron oil cargo tangled in U.S. sanctions on Venezuela

A Chevron Corp crude oil cargo has become embroiled in U.S. sanctions on shipping companies for violating restrictions on doing business with Venezuela, the company confirmed […]
June 5, 2020

United Airlines closing three international bases for flight crew

United Airlines Holdings Inc is closing its international bases for flight attendants in Frankfurt, Hong Kong, and Tokyo effective Oct. 1, 2020, according to an internal […]
June 5, 2020

U.S. labor market unexpectedly improves; recovery years away

The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by […]
June 5, 2020

Trump touts job gains as ‘greatest comeback in American history’

President Donald Trump on Friday celebrated a stunning U.S. employment report that showed more than 2.5 million jobs were added last month during the thick of […]
June 5, 2020

Nasdaq hits record high as U.S. economy shows signs of rebound

The Nasdaq Composite on Friday became the first of the three major U.S. stock indexes to bounce back to a record high, recovering from a stunning coronavirus-led […]
June 5, 2020

Explainer: May’s jobs report stunner: real deal or head fake?

The U.S. economy unexpectedly added jobs in May, surprising economists and analysts who had forecast millions more losing their livelihoods, and raising hopes of a faster […]
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