American Daily Digest

BALTIMORE — No one saw it coming — 2.5 million job gains in May and a lower unemployment rate. Economists, political aides and business leaders had been bracing for another … Read More

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WASHINGTON — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a big rally Friday on Wall … Read More

Bombardier Aviation is reducing its workforce by about 2,500 employees due to challenges caused by COVID-19 By The Associated Press June 5, 2020, 11:42 PM 5 min read 5 min … Read More

An investigation is underway in an incident Gov. Andrew Cuomo called “wholly unjustified and utterly disgraceful.” The man was seriously injured. Video of the demonstration Thursday shows a row of … Read More

For weeks, critics said Wall Street’s big rally made no sense when the economy seemed set for only more despair. On Friday, it got a bit of validation. The S&P … Read More

WASHINGTON — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a big rally Friday on Wall … Read More

Stocks that moved heavily or traded substantially on Friday: United Airlines, Broadcom rise; Gap, PagerDuty fall By The Associated Press June 5, 2020, 8:36 PM 2 min read 2 min … Read More

Stocks jumped Friday after a report said the U.S. job market surprisingly strengthened last month, bolstering hopes that the worst of the recession may have already passed By The Associated … Read More

Out of sync with the “law and order” mantra President Donald Trump has supported, the first lady in a handful of tweets has noted peace and healing. “Focus on taking … Read More