Year: 2020

Corporate leaders foresee a more traditional, “no-nonsense” working relationship with the White House and urge the next administration to prioritize the Covid-19 pandemic.

The quarterly earnings season is winding down with the pandemic weighing on many companies’ results—and Disney, McDonald’s and Lyft are expected to join the crowd.

U.S. companies have trounced expectations this earnings season, potentially laying the foundation for the next leg of the market’s rally, which has been led by tech companies including Apple.

The U.S. added 638,000 jobs in October and the jobless rate fell to 6.9%, the Labor Department said Friday, a sign of labor market healing amid rising coronavirus infections.

Hispanic men have almost caught up with white men in the jobs recovery, while women—especially minority women—have lagged behind, Labor Department data show.

Republican and Democratic lawmakers braced for a volatile lame-duck session, with Sen. McConnell expected to take a prominent role in aid talks, while Rep. Pelosi sees no reason to lower demands.

The Federal Reserve said the coronavirus pandemic poses considerable risks for the U.S. economy despite recent gains, and officials made no changes on Thursday to their commitment to provide sustained stimulus.

China’s trade surplus with the U.S. and the rest of the world widened in October as the global recovery buoyed demand for made-in-China goods, helping export growth beat market expectations for a seventh straight month.

The Silicon Valley pioneer long held it had to build its flagship chips, the brains of computers, in its own factories. Then it hit the wall with a new generation and is considering outsourcing—a milestone in the story of America’s losing its manufacturing primacy.

The world’s largest hotel operator posted a third-quarter profit of $100 million, following on a pandemic-driven loss in the second quarter, but said a recovery in travel demand remains hard to predict.