Stock futures plunge after Trump confirms he has coronavirus

U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.

Layoffs remain high as 837,000 seek unemployment aid

The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.

Milwaukee county executive presents recommended city budget for 2021

The 2021 recommended budget will implement a racial equity-focused plan, according to the Office of the County Executive. 

US private employers add 749K jobs in September, report says

September hiring was spread across most industries, with the biggest gains taking place in manufacturing; trade, transportation and utilities; and health care and social assistance.

Disney to lay off 28,000 workers at its parks in California, Florida

Disney is laying off 28,000 U.S.-based employees across its Parks, Experiences and Products division due to continued struggles caused by the coronavirus pandemic, the company announced in a statement on Tuesday.

Audit sheds light on Wisconsin DWD troubles amid unemployment spike

According to a new report from the Legislative Audit Bureau, only 0.5% of calls to the Wisconsin Department of Workforce Development (DWD) were answered between mid-March and late June.

Climate change poses ‘major risk’ to US financial system, federal report warns

The report, commissioned by President Donald Trump’s CFTC, found that climate change is already impacting or is anticipated to impact nearly every facet of the economy.

Dow plunges 900 points as election, coronavirus lockdown worries mount

U.S. equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S. election.

Amid unemployment delays, Wisconsin DWD secretary resigns

The DWD has cased unprecedented unemployment claims during the COVID-19 pandemic, the news release stated, far exceeding Great Recession levels.

USDA plans additional $14B in virus aid for farmers

President Donald Trump first mentioned the aid in a speech Thursday night in Mosinee, Wisconsin.

Even as hiring slows, American unemployment rate falls to 8.4%

The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began.

Budget deficit to hit record $3.3T, putting US debt on track to exceed GDP next year

The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger.

Coronavirus pandemic brings hard times for farmers, worsening hunger

The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.