Associated Press

Eight months after the pandemic flattened the economy, weekly jobless claims still point to a stream of layoffs.

As of 4 a.m. Eastern time, Trump and his Democratic challenger Joe Biden still were locked in tight races in a handful of battleground states.

Markets are up on investor hopes that a Joe Biden victory in the U.S. presidential election might lead to more economic stimulus.

Americans that are spending have been spending freely on goods and cutting back sharply on purchases in the service sector.

But rising confirmed virus cases in nearly every state, along with a cutoff in federal aid, are threatening to weaken the economy.

Yet the recovery from the deepest recession since the Great Depression of the 1930s remains far from complete.

Surging coronavirus cases in the U.S. and Europe threaten more business shutdowns.

The presidential race has been dominated by Trump's response to the pandemic and its economic fallout.

The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels. With confirmed infections having neared 60,000 in the past week, the highest level since July, many consumers have been unable or reluctant to shop, travel, dine […]

The drugmaker will also pay a settlement of more than $8 billion, the Justice Department announced Wednesday.