Business

FILE - In this April 27, 2020 file photo shows a sale pending sign on a home in Mount Lebanon, Pa The National Association of Realtors releases its April report on pending home sales, which are seen as a barometer of future purchases on Thursday, May 28.(AP Photo/Gene J. Puskar, File)
Associated Press
May 28, 2020 - 7:06 am

Pending Home Sales Plunged 21.8% In April On A Monthly Basis

BALTIMORE (AP) — April had a record collapse in Americans signing contracts to buy homes, a reflection of the broader shutdown of economic activity in response to the coronavirus outbreak. The National Association of Realtors said Thursday that its pending home sales index plunged 21.8% from the...
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FILE - In this file photo dated Wednesday, April 23, 2008, an EasyJet jetliner lands at the Milan Linate airport, Italy. European budget airline eastJet said Thursday May 28, 2020, it plans to cut up to a third of its 15,000-strong workforce as the global aviation industry struggles to cope with the COVID-19 pandemic. (AP Photo/Antonio Calanni, FILE)
Associated Press
May 28, 2020 - 6:23 am

Easyjet, American Airlines To Slash Workforce Amid Pandemic

LONDON (AP) — European budget carrier easyJet and American Airlines both plan to cut large parts of their workforces as the global aviation industry struggles to cope with a near total halt to travel amid the COVID-19 pandemic. Easyjet said Thursday that it will cut up to a third of its 15,000...
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Associated Press
May 28, 2020 - 5:25 am

State's Casinos Start Luring Customers After Opening Date Set

Casinos from Lake Tahoe to Laughlin started announcing plans Wednesday to lure back customers beginning June 4, with one downtown Las Vegas hotel owner buying more than 1,000 one-way airline tickets to boost interest around the country.
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Caesars Palace
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Mitch Kelly
May 22, 2020 - 6:36 am

Caesars Entertainment Announces Reopening Plans

Caesars Entertainment Corporation announced that it will resume gaming and hospitality operations in Las Vegas at its Caesars Palace and Flamingo Las Vegas properties on the date and time for reopening specified by the State of Nevada.
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This April 16, 2020 photo shows a real estate company sign that marks a home for sale in Harmony, Pa. U.S. new home sales plunged 15.4% in March as the lockdowns that began in the middle of the month began to rattle the housing market. The Commerce Department reported Thursday, April 23, that sales of new single-family homes dropped to a seasonally ajdjusted annual rate of 627,000 last month after sales had fallen 4.6% in February. (AP Photo/Keith Srakocic)
Associated Press
May 21, 2020 - 7:46 am

US Existing Home Sales Plunge 17.8% In April

WASHINGTON (AP) — Sales of existing homes plunged 17.8% in April with the real estate market still in the grips of the coronavirus pandemic. The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the...
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Ethan Miller/Getty Images
Associated Press
May 21, 2020 - 5:15 am

Gaming Regulators To Conduct Health, Safety Workshop With Casinos

Nevada gambling regulators are calling casino companies to a workshop next week with health and safety officials aimed at sharpening rules for reopening the state’s shuttered gambling establishments.
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FILE - In this March 31, 2020 file photo, a woman pulls groceries from a cart to her vehicle outside of a Walmart store in Pearl, Miss. Walmart became a lifeline to millions of people as the coronavirus spread, and its profit and sales surged during the first quarter, topping almost all expectations. (AP Photo/Julio Cortez, File)
Associated Press
May 19, 2020 - 1:45 pm

Walmart Becomes A Lifeline, Online Sales Surge 74%

NEW YORK (AP) — Walmart emerged as one of the few lifelines to millions of people as the coronavirus spread, leading to surging profit and sales for the world's largest retailer. Online sales in the U.S. jumped 74% for its fiscal first quarter that ended April 30, which captured the brunt of the...
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A construction crew loads dirt on a building site, Monday, May 18, 2020 in East Greenwich, N.J. (AP Photo/Matt Slocum)
Associated Press
May 19, 2020 - 6:30 am

US Home Construction Drops 30.2% In April As Virus Rages

WASHINGTON (AP) — U.S. home building plunged in April to the lowest level in five years, taken down by the economic fallout from the coronavirus pandemic. The Commerce Department said Tuesday that ground breakings plummeted 30.2% last month to a seasonally adjusted annual rate of 891,000. That is...
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Associated Press
May 17, 2020 - 10:35 am

Average US Gas Price Up 5 Cents Over 3 Weeks To $1.97

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline rose a nickel over the past three weeks, to $1.97 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that the slight jump comes after prices at the pump crashed for nine weeks straight during the...
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A woman looks at signs at a store closed due to COVID-19 in Niles, Ill., Wednesday, May 13, 2020. (AP Photo/Nam Y. Huh)
Associated Press
May 14, 2020 - 2:04 pm

36 Million Have Sought US Unemployment Aid Since Virus Hit

WASHINGTON (AP) — Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak forced more companies to slash jobs even though most states have begun to let some businesses reopen. Roughly 36 million people have now sought jobless aid in just the two...
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