A pandemic unabated, an economy in meltdown, cities in chaos over police killings. All our supposed leader does is tweetYou’d be forgiven if you hadn’t noticed. His verbal bombshells are louder than ever, but Donald J Trump is no longer president of the United States. Related: Policing in the US is not about enforcing law. It’s about enforcing white supremacy | Paul Butler In reality, Donald...
Hispanic Americans saw the highest unemployment rate in April – a major blow after achieving economic gains before the pandemicCoronavirus – live US updatesLive global updatesWhen the US Bureau of Labor Statistics released its monthly jobs report earlier this month, the unemployment numbers were jaw-dropping: the unemployment rate rose from 4.4% in March to 14.7% in April – a decade’s worth...
More than 40m Americans have filed for unemployment in two months, and many are struggling to make ends meet Sandra Rivera Del Valle, a cabin cleaner with airline contractor Eulen America at Orlando airport in Florida, started experiencing cold-like symptoms on 13 March. As a cancer survivor over the age of 60, she was advised by her doctor to quarantine for two weeks as a precaution, as she was unable...
Republicans, including the president, have opposed the additional funds. But their expiration could bring ‘incredible suffering’Coronavirus – latest US updatesCoronavirus – latest global updatesJames Phillips is someone the Republican party would rather people not know about. The 31-year-old is doing all he can to find work despite making 25% more money from unemployment benefits than he was...
The president, the Republican party and their Fox News cheerleaders care only for corporate profitMost of Europe and all 50 US states are in various stages of “reopening”. But why, exactly?The pandemic is still with us. After the first tentative steps to ease the lockdown in Germany – the most successful large European country in halting the spread of the virus, thanks to massive testing –...
The shouty blokes in blue jackets return to Wall Street this week. Trump’s attorney is sure to be a fanEveryone knows what financial trading looks like, right? A large room of blokes (mainly) with paunches and worryingly high blood pressure who shout and wave against a backdrop of flashing electronic numbers.In reality the vast majority of trades are done by computers away from the floor, but that...
President is at his golf club in VirginiaTrump urges governors to open places of worshipSummer is here – but are we inviting a disastrous second wave?Hydroxychloroquine: Trump ‘cure’ increases deaths, global study findsCoronavirus – latest global updatesGet a fresh perspective on America – sign up to our First Thing newsletter 11.00pm BST Here’s a look at today’s main stories: 10.27pm...
Halting tourism devastated the economy. Now officials hope testing can help to enable a safe reopeningCoronavirus – latest US updatesCoronavirus – latest global updates Thanks to its geographic isolation, a stay-at-home order and a mandatory 14-day quarantine for all arrivals, Hawaii has had some of the lowest rates of Covid-19 in the US.But the quarantine essentially halted tourism in Hawaii,...
Low-paid women in US poultry factories are leading the struggle for fair conditions and basic safety. As Covid-19 rips through plants across the country, they have a fight on their hands. By Mya Frazier• Read the text version here Continue reading...
Florida, where the park is located, has the worst unemployment system in the US based on how few people receive benefitsWorkers at Disney World in Orlando, the largest single-site employer in the US, with around 77,000 employees, are struggling to obtain unemployment benefits weeks after being furloughed by the coronavirus shutdowns.Florida has the worst unemployment system in the US based on how few...
Nearly 39m Americans have lost jobs in nine weeksRate of increase slows but joblessness still at 1930s levelsAnother 2.4 million Americans filed for unemployment insurance last week even as states across the US began opening up for business again, betting that the coronavirus pandemic is now under control.The latest figures from the Department of Labor mean close to 39 million Americans have lost their...
His nation-building work programmes are an unsurpassed example of what governments can do when markets collapseCoronavirus – latest updatesSee all our coronavirus coverageA larger proportion of Americans have lost their jobs during this pandemic than at any time since the Great Depression. In the UK, unemployment increased to 2.1 million in April, and economists expect millions more people to become...
‘I think the jobs numbers will be worse before they get better’Treasury secretary and Fed chair say more stimulus is neededThe US economy risks “permanent damage” if coronavirus lockdowns continue for months, the treasury secretary, Steven Mnuchin, has warned Congress. Related: Coronavirus US live: Mike Pence says he is not taking hydroxychloroquine Continue reading...
FDA has warned against using the drug without medical supervisionInterview with whistleblower Rick Bright angers presidentLockdown protests may have spread virus, cellphone data suggestsCoronavirus – latest global updatesGet a fresh perspective on America – sign up to our First Thing newsletter 1.03am BST 12.27am BST Republican senator Lindsay Graham announced that the judiciary committee would...
Coronavirus struck final blow to already struggling department store, reportedly largest retail casualty so farCoronavirus – live US updatesLive global updatesJC Penney, the more than 100-year old US department store chain, filed for bankruptcy on Friday, making it the latest business to hit bottom amid the coronavirus pandemic.The chain, known for selling family apparel, cosmetics and jewelry, is...
Rolling live coverage of business, economics and financial markets as data show the economic toll from the pandemicRecord fall in US retail sales amid coronavirus lockdownGerman economy shrinks by 2.2%; Eurozone GDP down by 3.8%Brexit talks stutter to a close with ‘little progress’ Coronavirus – latest updatesSee all our coronavirus coverage 3.08pm BST Almost anyone in any country around the...
Optimism fizzles out following sombre prognosis and soaring US unemployment figuresCoronavirus – latest updatesSee all our coronavirus coverageEuropean stock markets slumped on Thursday as investors began to lose faith in the prospect of a swift recovery from the economic turmoil triggered by Covid-19.Optimism fizzled out after a sombre economic prognosis from the chair of the Federal Reserve was...
Jerome Powell: pace of downturn ‘without modern precedent’Lowest-paid Americans hit hardest by coronavirus pandemicMore evidence of how the coronavirus pandemic is widening income inequality has emerged after the Federal Reserve announced 40% of households earning less than $40,000 included someone who has lost a job since February. Related: Coronavirus US live: gap grows between White House and...
A German scheme is more generous and allows staff to work part-time while France pays 70% of gross salaryThe chancellor, Rishi Sunak, has announced that the UK’s job retention scheme – under which the state now pays 80% of the gross wages (up to a £2,500 per month maximum) of one in four UK workers – is to be extended until the end of October.Sunak also said that employers would be asked to...
Exclusive: oil, coal and fracking companies in line to benefit from $750bn bond scheme Coronavirus – latest updatesSee all our coronavirus coverageFossil fuel companies and coal-powered utilities in the US are set for a potential bonanza under federal government plans for a bond bailout, part of the rescue package for the coronavirus crisis.At least 90 fossil fuel companies, many of them established...
