Economy
Coronavirus Coverage
Unemployment Claims Soared To 3.3 Million Last Week, Most In History
NEW YORK – A record number of Americans filed for their first week of unemployment benefits last week, as businesses shut down to slow the spread of the Coronavirus. Initial jobless claims soared to a …
Coronavirus Coverage
Senate Passes COVID Stimulus Bill
App users, tap here to watch video. WASHINGTON – The Senate on Wednesday approved a historic, $2 trillion stimulus package to provide a jolt to an economy reeling from the coronavirus pandemic, capping days of intense negotiations that produced …
Coronavirus Coverage
White House, Senate Reach COVID-19 Stimulus Deal
App users, tap here to watch. WASHINGTON – The White House and Senate leaders struck a major deal early Wednesday morning over a $2-trillion package to provide a jolt to an economy struggling amid the coronavirus pandemic, capping days …
Economy
Dollar In High Demand
WASHGINTON – The United States Dollar is getting stronger. The dollar’s value around the world has surged, up 7-percent since hitting it’s lowest point of the year so far on March 9. That means it …
Coronavirus Coverage
Book Sales Fall As Impact Of Coronavirus Increases
NEW YORK — The number of physical books sold dropped 10 percent from the previous week, the latest sign of the effect of the coronavirus on the publishing industry. NPD BookScan , which tracks around …
Coronavirus Coverage
Tax Filing Deadline Moved To July 15th
WASHINGTON – Americans are getting an extra three months to file their taxes amid the coronavirus Pandemic. Treasury Secretary Steven Mnuchin announced tax day is being moved from April 15 to July 15. Mnuchin said …
Economy
Gas Prices Fall As Low As $1.47 A Gallon In Parts Of Our Area
JAMESTOWN – Gas prices continue to fall after demand worldwide dropped due to travel concerns. According to GasBuddy.com, the average price for a gallon of petrol in Jamestown is $2.53. In some parts of our …
Business
Stocks Plummet, Trading Halted Amid Coronavirus Fears
NEW YORK – The New York Stock Exchange briefly halted trading Monday morning as stocks plummeted amid Coronavirus fears and crashing oil prices. After a more than seven percent drop in the S&P 500 index, …
Economy
Farm Bankruptcies Jump 20% In 2019
JAMESTOWN – Last year was tough for American farmers as the U.S. Farm Bankruptcy Rate jumped 20-percent. That’s the highest level since 2011, when the country was still recovering from the great recession. This, despite …
Economy
2020 Brings Higher Labor Costs For Small Businesses
NEW YORK — Small business owners have plenty of changes to deal with as 2020 begins — higher labor costs for many companies, and some owners will discover that they have to comply with new …
