US President Donald Trump  has presided over the handling over the Covid-19 pandemic, which is raging in the US and impacting the economy. Photograph: Brendan Smialowski/AFP via Getty Images

The number of Americans filing new claims for unemployment benefits fell to a seven-month low last week, but the pace of decline has slowed and furthe(...)

Voters in California backed a ballot proposal by Uber, Lyft and its allies that cements app-based food delivery and ride-hailing drivers’ status as independent contractors. Photograph: Robyn Beck/AFP

Uber and Lyft stocks soared on Wednesday after California voters endorsed the gig economy’s blistering campaign not to count drivers as employees, eve(...)

US stocks drop due to an unexpected rise in weekly jobless claims, compounding fears of a stalling economic recovery. Photograph: Richard Drew/AP

European shares sank on Thursday as a resurgence in Covid-19 cases across the continent and fading hopes for more US fiscal stimulus before the presid(...)

Michael Crichton: chose not to practise medicine and instead became a one-man entertainment industry. Photograph: Leonardo Cendamo/Getty Images

As a self-published writer with a comic novel and two column collections to my name, I have little time for the precious sensibilities of the traditio(...)

The reopening of businesses in May helped to pull down claims from a record 6.867 million in March

The number of Americans filing new claims for unemployment benefits hovered around 1 million last week, suggesting the labor market recovery was stall(...)

President Donald Trump signed an executive action to provide $300 a week in federal support to most unemployment benefit recipients. Photograph: Chip Somodevilla/Getty Images

Applications for US unemployment benefits unexpectedly increased last week, a stumble for the labour market in its long road to recovery. Initial job(...)

Photograph: Olivier Douliery/AFP via Getty Images

The number of Americans seeking unemployment benefits fell last week, but remained significantly high, suggesting the labour market was stalling as th(...)

Staff and volunteers with The Los Angeles Dodgers Foundation, distribute food and other goods for people facing economic hardship in Huntington Park, California. Photograph: AFP via Getty

The US economy contracted at its steepest pace since the Great Depression in the second quarter as the Covid-19 pandemic shattered consumer and busine(...)

US president Donald Trump on a television monitor during a news conference on Tuesday. Photograph: Sarah Silbiger/UPI/Bloomberg

US treasury secretary Steven Mnuchin said Republicans would consider extending some emergency jobless benefits as data for the number of Americans fil(...)

Staff and volunteers with The Los Angeles Dodgers Foundation, distribute food and other goods for people facing economic hardship in Huntington Park, California. Photograph: AFP via Getty

Weakening demand and a resurgence in new Covid-19 cases are keeping new US applications for unemployment benefits extraordinarily high, suggesting the(...)

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