The US budget deficit has hit a record high of more than $3tn (£2.3tn), driven by the government’s massive spending on coronavirus relief. The federal government spent more than $6tn in the first 11 months ...
AFP) – Newly unemployed Americans filed nearly 1.42 million claims for jobless benefits last week, reversing recent months of decline as the world’s largest economy grapples with a surge in coronavirus cases. The worse-than-expected Labor ...