U.S. jobless claims rise to 770K with layoffs still high

WASHINGTON (AP) – The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the coronavirus recession.

U.S., states sue Facebook for ‘predatory’ conduct

WASHINGTON (AP) – Federal regulators recently sued to force a breakup of Facebook as 48 states and districts accused the company in a separate suit of abusing its market power in social networking to crush smaller competitors.

Coronavirus quarantine fight not a first for U.S.

Theodore Roosevelt’s 1904 presidential address to Congress is famous for bringing us the Roosevelt Corollary, which warned European nations from involving themselves in the affairs of Latin America. What is not as well-known is a small paragraph sandwiched between two other issues.

U.S. long-term mortgages fall

WASHINGTON (AP) - U.S. long-term mortgage rates fell this week for the second straight week as anxiety has spiraled over devastation to the economy from the coronavirus pandemic. Home-loan rates have been hitting all-time lows.