Tag Archives: markets-nytimes

Why Black Workers Will Hurt the Most if Congress Doesn’t Extend Jobless Benefits 

An extra $600 a week smoothed out sharp differences in benefits among states, and among the people who live in them.

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One-Third of New York’s Small Businesses May Be Gone Forever 

Small-business owners said they have exhausted federal and local assistance and see no end in sight after months of sharp revenue drops. Now, many are closing their shops and restaurants for good.

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Microsoft Says It’ll Continue Pursuit of TikTok 

The announcement came after the company consulted with President Trump, who has threatened to ban the app and expressed national security concerns about it in recent weeks.

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U.S. Adds Sanctions Over Internment of Muslims in China 

The Treasury Department imposed sanctions on a powerful government entity that runs companies and farms in the Xinjiang region, where officials carry out the mass internment of Muslims.

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With Jobless Aid Set to Lapse, Lawmakers Fail to Agree on Extension 

Senate Republicans forced the chamber to begin moving forward with an extension of unemployment benefits that expire on Friday, but there was no agreement on a measure to do so.

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GDP Q2 Report: Why You’ll See Two Figures for Decline 

Official data for second-quarter economic output arrives Thursday, and while it will be unquestionably bad, there are different ways of looking at it.

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California, After Riding a Boom, Braces for Hard Times 

Early hopes for a quick rebound from the pandemic have yielded to worries about its long-term impact on state finances and the governor’s ambitious agenda.

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With Department Stores Disappearing, Malls Could Be Next 

Brick-and-mortar retail was in the midst of seismic changes even before the pandemic. Analysts say as much as a quarter of America’s malls may close in the next five years.

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As Sales Rise, Automakers Ramp Up Production 

Demand has been stronger than expected since states began reopening, but some experts worry about the effect of a new surge in coronavirus cases.

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Labor Dept. Seeks to Restrict Social Goals in Retirement Investing 

A proposed rule would keep plans from increasing risk or decreasing returns in pursuit of “a social or political end,” Secretary Eugene Scalia says. But others say existing law achieves that end.

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Trump Trade Official Defends China Deal and Criticizes the W.T.O. 

The trade negotiator Robert E. Lighthizer defended the aggressive use of tariffs and said Europe could face levies if it did not agree to better trade terms.

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