WASHINGTON — The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. The losses, reported ...

Wall Street doubled down on its bet that the worst of the recession has passed, sending stocks higher again on Friday despite another historic, crushing report on the job market. Stocks around the world were already rising before the U.S. government gave its monthly report on jobs, in part ...

MINNEAPOLIS (AP) — As coronavirus hotspots erupted at major U.S. meatpacking plants, experts criticized extremely tight working conditions that made the factories natural high risk contagion locations. But some Midwestern politicians have pointed the finger at the workers’ living ...

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global response, the work place and the spread of the virus. RESTAURANTS: Restaurants are reviewing every segment of their operations in ...

NEW YORK — Louie Anderson’s late mom is never very far from the comedian’s mind. He often references her in his stand-up, writes books with her in mind and even won an Emmy for “Baskets” playing a character in full drag inspired by his real mom. “I’m trying to pay her back ...

JACKSONVILLE, Fla. — UFC President Dana White still wants “Fight Island.” He’s temporarily settling for a peninsula. UFC 249 will serve as the first major sporting event to take place since the coronavirus pandemic shut down much of the country nearly two months ago. The bouts ...