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As virus rages, US economy struggles to sustain a recovery

Home sales are booming. Stocks are setting record highs. Industrial production is clambering out of the ditch it fell into early this year. And yet the US economy is nowhere close to regaining the health it achieved, with low unemployment, free-spending consumers and booming travel, before...

Trump to announce deal to buy 150 mn rapid COVID tests

US President Donald Trump will announce on Thursday a deal for 150 million rapid COVID-19 tests as he eyes a return to normal life ahead of November's elections, White House officials told AFP. The purchase from Abbott Laboratories is part of a $750 million deal with the company, a senior...