Coronavirus updates: NYC reaches 1% positivity rate

Ovidiu Dugulan/iStockBy MORGAN WINSOR, JON HAWORTH and EMILY SHAPIRO, ABC News(NEW YORK) -- A pandemic of the novel coronavirus has now killed more than 534,000 people worldwide.Over 11.4 million people across the globe have been diagnosed with COVID-19, the... Read More.

US unemployment rate drops to 13.3% in May

courtneyk/iStockBy CATHERINE THORBECKE, ABC News (WASHINGTON) -- The U.S. unemployment rate fell to 13.3% in May, slightly below the April high of 14.7%, according to data released Friday by the U.S. Bureau of Labor Statistics.The U.S. economy added 2.5 million... Read More.