Business

US unemployment claims dropped to 206,000 last week with layoffs still sparse

WASHINGTON (AP) — Fewer people applied for U.S. unemployment benefits last week, another sign that layoffs remain low and that most Americans enjoy job security. The Labor Department reported Thursday that jobless claims dropped to 206,000 last week from a revised 212,000 the week before. ...

Trump says US and Canada have a trade deal

WASHINGTON (AP) — Canada and the United States moved closer Wednesday to finalizing a trade agreement that would avert threatened 50% U.S. tariffs, with a senior Canadian official calling the emerging terms "a very good deal for Canada" while cautioning that negotiations were not ...

The US national debt now stands at $40 trillion

WASHINGTON (AP) — The national debt surpassed a record $40 trillion on Wednesday, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit make up an enormous share of federal spending. The milestone figure was ...