America

India fighting Covid with all its might: PM Modi

India cases up as scientists appeal to Modi to release data

2:39 pm April 30, 2021

NEW DELHI: Indian scientists appealed to Prime Minister Narendra Modi to publicly release virus data that would allow them to save lives as coronavirus cases climbed again Friday, prompting the army to open its hospitals in a desperate bid to control a massive humanitarian crisis. With 386,452 new cases, India now has reported more than […]

CMS holds Global Interfaith Convention to promote communal harmony

As COVID engulfs India, diaspora watches with despair

2:31 pm April 30, 2021

Los Angeles: Bad news, knowing no time zones, arrives in a jarring burst of messages, calls and posts informing millions of members of India’s worldwide diaspora that yet another loved one has been sickened or lost to the coronavirus. Sometimes it comes in a barrage of WhatsApp messages first thing in the morning, and sometimes […]

NYSE: Stocks turn choppy as investors weigh earnings, recovery

10:50 pm April 29, 2021

New York: Stocks wobbled between small gains and losses in afternoon trading as investors continued to digest corporate earnings reports and the latest economic data. A report showing that the U.S. economy grew sharply in the first quarter is among the latest data pointing to an diminishing impact from the pandemic. Other upbeat reports included […]

US recovery from pandemic recession is showing momentum

10:35 pm April 29, 2021

WASHINGTON: Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year on the heels of the coronavirus and cost tens of millions of Americans their jobs and businesses. The economy grew last quarter at a vigorous 6.4% annual […]

COVID surge, vaccine shortages spread beyond India’s borders

American jobless claims drop 13,000 to 553,000 as economy heals

7:04 pm April 29, 2021

Washington: The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession. The Labor Department reported Thursday that jobless claims were down from 566,000 a week earlier. They have fallen sharply […]