Government business and finance

This April 16, 2020 photo shows a real estate company sign that marks a home for sale in Harmony, Pa. U.S. new home sales plunged 15.4% in March as the lockdowns that began in the middle of the month began to rattle the housing market. The Commerce Department reported Thursday, April 23, that sales of new single-family homes dropped to a seasonally ajdjusted annual rate of 627,000 last month after sales had fallen 4.6% in February. (AP Photo/Keith Srakocic)
AP News Staff
May 21, 2020 - 9:46 am
WASHINGTON (AP) — Sales of existing homes plunged 17.8% in April with the real estate market still in the grips of the coronavirus pandemic. The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the...
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FILE - In this Feb. 26, 2019, file photo, Jeep vehicles are parked outside the Jefferson North Assembly Plant in Detroit. Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the coronavirus. (AP Photo/Carlos Osorio, File)
AP News Staff
May 15, 2020 - 9:37 am
DETROIT (AP) — Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the...
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A woman looks at signs at a store closed due to COVID-19 in Niles, Ill., Wednesday, May 13, 2020. (AP Photo/Nam Y. Huh)
AP News Staff
May 14, 2020 - 10:05 am
WASHINGTON (AP) — Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions. The wave of layoffs has heightened concerns that...
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FILE - In this April 17, 2020, file photo, President Donald Trump and Vice President Mike Pence listen as Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. The Trump administration’s leading health experts on safely dealing with the novel coronavirus will be testifying in a Senate hearing by a videoconference after three of them and the committee's chairman were exposed to someone who tested positive for COVID-19. (AP Photo/Alex Brandon, File)
AP News Staff
May 12, 2020 - 9:51 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Dr. Fauci hopes for vaccine in advanced trials by...
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FILE - In this May 7, 2020, file photo, a pedestrian walks by The Framing Gallery, closed due to the COVID-19 pandemic, in Grosse Pointe, Mich. 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. (AP Photo/Paul Sancya, File)
AP News Staff
May 08, 2020 - 7:43 am
WASHINGTON (AP) — 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. The losses reflect what...
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FILE - In this April 30, 2020 file photo, a man writes information in front of Illinois Department of Employment Security in Chicago. U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse with coronavirus outbreak closing the offices, factories, schools, construction sites and stores that propel the U.S. economy. The Wednesday, May 6, report from payroll company ADP showed the tragic depth and scale of job losses that left no part of the world’s largest economy unscathed.  (AP Photo/Nam Y. Huh, File)
AP News Staff
May 07, 2020 - 8:14 am
WASHINGTON (AP) — Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the viral outbreak deepened the worst U.S. economic catastrophe in decades. Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the...
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FILE - This April 29, 2020 file photo, a passer-by wearing a mask out of concern for the COVID-19 coronavirus, background center, walks past mannequins in a clothing store in Boston. The nation’s small businesses slashed more than 11 million jobs in April as they were forced to close or suffered steep revenue losses amid the coronavirus outbreak. That report comes from payroll provider ADP, which counted the jobs lost at its business customers with under 500 workers. (AP Photo/Steven Senne, File)
AP News Staff
May 06, 2020 - 12:13 pm
NEW YORK (AP) — While thousands of small businesses waited for coronavirus relief money to arrive, they were shutting down and laying off workers. Two reports issued this week shed light on the crisis that business owners have been struggling through since the coronavirus hit. On Wednesday, payroll...
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FILE - In this April 17, 2020, file photo, a patient is loaded into an ambulance by emergency medical workers outside Cobble Hill Health Center in the Brooklyn borough of New York. New York state is now reporting more than 1,700 previously undisclosed deaths at nursing homes and adult care facilities as the state faces scrutiny over how it’s protected vulnerable residents during the coronavirus pandemic. (AP Photo/John Minchillo, File)
AP News Staff
May 05, 2020 - 8:53 am
ALBANY, N.Y. (AP) — New York state is reporting more than 1,700 previously undisclosed deaths at nursing homes and adult care facilities as the state faces scrutiny over how it’s protected vulnerable residents during the coronavirus pandemic. At least 4,813 people have died from COVID-19 in the...
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FILE - In this June 20, 2019, file photo, the Supreme Court in Washington. The Supreme Court is sidestepping a major decision on gun rights in a dispute over New York City’s former ban on transporting guns. The justices ruled Monday that there’s nothing left for them to decide now that the city has eased restrictions on taking licensed, locked and unloaded guns outside the city limits and a new state law prevents New York from reviving the ban. (AP Photo/J. Scott Applewhite, File)
AP News Staff
April 27, 2020 - 9:27 am
WASHINGTON (AP) — The Supreme Court sidestepped a major decision on gun rights Monday in a dispute over New York City’s former ban on transporting guns. The justices threw out a challenge from gun rights groups. It ruled that the city’s move to ease restrictions on taking licensed, locked and...
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A masked worker at this state WIN job center in Pearl, Miss., holds an unemployment benefit application form as she waits for a client, Tuesday, April 21, 2020. The job centers lobbies are closed statewide to prevent the spread of COVID-19. However the continuing growth of unemployment demands and now additional assistance for self-employed, church employees, gig workers, and others who were previously ineligible for unemployment assistance has drawn some people to the centers for information and to obtain and submit unemployment benefit applications. (AP Photo/Rogelio V. Solis)
AP News Staff
April 23, 2020 - 8:29 am
WASHINGTON (AP) — More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday. Roughly 26 million people have now filed for jobless aid in the five weeks since the...
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