WASHINGTON — The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared June 8.
June 8, 2020Search
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Tesla Hails Air-Quality Effects of Shutdowns Elon Musk Called ‘Fascist’
Tesla Inc. said the drop in pollution during coronavirus-related shutdowns could embolden governments that already have been making plans to eventually ban vehicles that run on fossil fuels.
June 8, 2020Trump’s Executive Order Seeks to Advance Major Infrastructure Projects
An executive order to expedite the permitting process for big-ticket infrastructure projects that President Donald Trump signed recently is meant to assist the economy during the pandemic.
June 8, 2020Cristobal Now a Depression, Moving Toward Great Lakes
NEW ORLEANS — Tropical Storm Cristobal weakened into a depression early June 8 after inundating coastal Louisiana and ginning up dangerous weather along most of the U.S. Gulf Coast, sending waves crashing over Mississippi beaches, swamping parts of an Alabama island town and spawning a tornado in Florida.
June 8, 2020China Behind on Purchases in Phase One of Trade Deal
President Donald Trump’s promise that his phase one trade deal with China would provide a $36.5 billion election-year bonanza for his rural base was always a stretch. Now it looks like it may never be fulfilled.
June 5, 2020Trump Says He’ll Ask Congress for Additional Economic Stimulus
President Donald Trump said he’ll ask Congress to pass more economic stimulus, including a payroll tax cut, even after the government reported a surprise improvement in U.S. unemployment June 5.
June 5, 2020Senate Panel Seeks Input From Passenger Transportation Sector
Stakeholders representing the passenger transportation sector were asked by the Senate Commerce Committee to share concerns about the impact from the coronavirus pandemic.
June 5, 2020US Unemployment Drops Unexpectedly to 13.3%
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers faster than economists had predicted.
June 5, 2020Port Slowdown Affects Workers Who Rely on Cargo, Leaders Say
Port leaders are raising caution the decline in business at their facilities could affect those whose employment relies on the flow of goods.
June 4, 2020Study: Autonomous Vehicles Won’t Make Roads Completely Safe
A new study says that while autonomous vehicle technology has great promise to reduce crashes, it may not be able to prevent all mishaps caused by human error.
June 4, 2020