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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 - 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 Wednesday, April 15, 2020, file photo, an Illinois Department of Employment Security office is closed in Chicago. At least a half-dozen states, including Illinois, already have notified the federal government that they could need to borrow billions of dollars to pay unemployment benefits because their own trust funds are running out of money. Though the shortfalls won't prevent unemployed workers from getting government aid, the federal loans could lead to higher taxes for businesses in future years to repay the debt. (AP Photo/Nam Y. Huh, File)
AP News Staff
May 06, 2020 - 7:32 am
BALTIMORE (AP) — U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse as the coronavirus outbreak closed of offices, factories, schools, construction sites and stores that propel the U.S. economy. The Wednesday report from payroll company ADP showed the tragic depth and...
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