Kyle Ziemnick

Kyle is a WORLD DIgital news reporter. He is a World Journalism Institute and Patrick Henry College graduate. Kyle resides in Purcellville, Va. Follow him on Twitter @kylezim25.

Associated Press/Photo by Nati Harnik (file)

Jobless claims drop slightly

by Kyle Ziemnick
Posted 8/06/20, 02:15 pm

WASHINGTON—Thursday’s report from the U.S. Department of Labor showed almost 1.2 million people applied for unemployment benefits last week. Although that number represents a 15 percent drop from the week before and the lowest since the beginning of coronavirus-related lockdowns, it marks the 20th straight week more than a million Americans have applied for unemployment. During the Great Recession in the early 2000s, weekly jobless claims never topped 700,000.

Read more

Getty Images/Photo by Manjunath Kiran/AFP

TikTok standoff

Politics | The Trump administration threatens to ban the popular Chinese app
by Kyle Ziemnick
Posted 8/05/20, 06:49 pm

President Donald Trump has recently taken aim at a social media platform whose top three influencers’ ages combined are still less than his own.

Read more

Associated Press/Photo by Mark Lennihan

Stocks get a boost

by Kyle Ziemnick
Posted 8/05/20, 04:48 pm

The S&P 500 climbed to within 2 percent of its record high on Wednesday, giving Wall Street its fourth straight day in positive territory. Walt Disney Co. stocks spiked by more than 8 percent after the company announced expectation-beating profits and huge gains in its video-streaming service, Disney+. Experts suggest the growth could come from the perception that the coronavirus pandemic has had a less severe effect on corporations than expected.

Read more