Walmart filed a lawsuit saying that the Justice Department and the Drug Enforcement Administration are blaming the company for the government’s own lack of regulatory and enforcement policies to stem the crisis.
For the first time in nearly 50 years, older workers face higher unemployment than their midcareer worker counterparts, according to a study released Tuesday by the New School university in New York City.
The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession.
The Supreme Court's decision to allow the Trump administration to end the 2020 census this week put the brakes on a whiplashed census that had faced starts and stops from the pandemic, natural disasters and court rulings.
Stocks closed higher on Wall Street Thursday as hope remains that Washington can approve more aid for the economy and after a report suggested the pace of layoffs is slowing a bit, though it remains incredibly high.
New, eye-popping federal budget figures show an enormous $3.1 trillion deficit in the just-completed fiscal year, a record swelled by coronavirus relief spending that pushed the tally of red ink to three times that of last year.
The tweets came hours after Trump sent the market into a sudden tailspin with his declaration that his representatives should halt talks with Democrats on a stimulus effort for the economy until after the election.
President Donald Trump’s relentless cheerleading for the stock market, taking full credit for its gains, has been a hallmark of his presidency, through more than 150 tweets and exuberant rhetoric at his rallies. Yet behind the bluster is a simple fact of which most voters are unaware.