Author: Chris Rugaber
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U.S. job losses mount as Trump presses plan to reopen business
WASHINGTON • The ranks of America’s unemployed swelled toward Great Depression-era levels Thursday, and President Donald Trump reacted to the pressure on the economy by outlining a phased approach to reopening parts of the country where the coronavirus is being brought under control. Under the plan, presented by Trump in a call with the nation’s…
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U.S. relief checks begin arriving as economic damage piles up
Government relief checks began arriving in Americans’ bank accounts as the economic damage to the U.S. from the coronavirus piled up Wednesday and sluggish sales at reopened stores in Europe and China made it clear that business won’t necessarily bounce right back when the crisis eases. With many factories shut down, American industrial output shriveled…