Skip to main content
Partly Cloudy icon
56Âş
WSLS logo

Go to the WSLS homepage

Join Insider
    • News
    • Watch Live
    • Local News
    • Virginia
    • National
    • World
    • Healthwatch
    • Education
    • Money
    • Politics
    • Entertainment
    • Weather
    • Weather Authority Alert Day
    • School Closings
    • Traffic
    • Pin It
    • Picture of the Day
    • Skycams
    • Forecasting Change
    • Know Your Zone - Lynchburg Area
    • Know Your Zone - Roanoke
    • Know Your Zone - New River Valley
    • Know Your Zone - Southside
    • Know Your Zone - Highlands
    • Watch Live
    • Meet the Team
    • Solutionaries
    • TV Listings
    • NEXTGEN TV
    • Sports
    • 1st and 10
    • High School Sports
    • Virginia Tech
    • Virginia Tech Stats
    • Around the Way with EJ
    • Foul Check
    • Olympics
    • NFL
    • Features
    • WSLS Insider
    • Contests & Rules
    • Top 10 Deals
    • Find Your Money
    • Illuminights
    • In Your Town
    • John Carlin's Outdoors
    • Local Business Spotlight
    • Travel
    • MeTV
    • Community
    • My Hometown's Best
    • Blue Ridge Games
    • Events Calendar
    • 30 Days of Hope
    • Home for Good
    • Clear the Shelters
    • Connecting Communities
    • Education Impact Award
    • Scholarships
    • Pin It
    • Log In/Create Account
    • Weather Photos
    • My Hometown's Best
    • Blue Ridge Games
    • Sports Photos
    • Contact Us
    • Help Center
    • Careers at WSLS
    • Digital Transparency Guide
    • Weather Authority Alert Day
    • Advertise with us
    • Newsletters
  • News
  • Weather
  • Watch Live
  • Sports
  • Features
  • Community
  • Pin It
  • Contact Us
  • Newsletters
WSLS.com
  • News
  • Weather
  • Watch Live
  • Sports
  • Features
  • Community
  • Pin It
  • Contact Us
  • Newsletters
  • BREAKING NEWS

BREAKING NEWS

Harvard sues the Trump administration over ban on enrolling foreign students

SUNG WON SOHN


No description available

US national debt hits record $34 trillion as Congress gears up for funding fight

Read full article: US national debt hits record $34 trillion as Congress gears up for funding fight

The U.S. Treasury has announced that the nation’s gross national debt has surpassed $34 trillion.

No description available

US starts fiscal year with record $31 trillion in debt

Read full article: US starts fiscal year with record $31 trillion in debt

The nation’s gross national debt has surpassed $31 trillion, according to a U.S. Treasury report released Tuesday.

No description available

California unemployment rate falls to 5.4% in February

Read full article: California unemployment rate falls to 5.4% in February

California's unemployment rate has fallen to 5.4% after employers added a surprising 138,100 jobs in February.

No description available

California jobless rate dips half-percentage point to 6.5%

Read full article: California jobless rate dips half-percentage point to 6.5%

California’s unemployment rate dipped a half-percentage point in December as the most populous state added 50,700 nonfarm jobs.

No description available

California jobless rate below 7%; 1st time since March 2020

Read full article: California jobless rate below 7%; 1st time since March 2020

California's unemployment rate has fallen below 7% for the fist time since March of last year at the start of the pandemic.

No description available

Start of school year fuels California job growth in August

Read full article: Start of school year fuels California job growth in August

California's unemployment rate declined slightly in August as the state added 104,300 new jobs for the month.

No description available

Anticipating 2021 boom, Q4 GDP revised up slightly to 4.1%

Read full article: Anticipating 2021 boom, Q4 GDP revised up slightly to 4.1%

Many project a growth rate of 5% or more in the current quarter or more, with 9% growth the headline in some forecasts. AdFor all of 2021, economists are forecasting the GDP could grow by 6%. That would be the fastest annual GDP growth since the economy expanded 7.2% in 1984 when Ronald Reagan was president. These gains offset a slightly slower increase in consumer spending, which accounts for two-thirds of economic activity. The new report showed consumer spending growing at a 2.4% rate, slightly lower than the 2.5% gain initially estimated.

No description available

Fed confronts a shaky US economy that likely needs more help

Read full article: Fed confronts a shaky US economy that likely needs more help

Fed officials themselves, including Chair Jerome Powell, have sounded a similar message. In mid-March, when the virus first hit hard, the Fed accelerated its bond purchases to try to ease disruptions in the Treasury bond market resulting from the outbreak. The central bank later modified the rationale for its bond purchases by saying they would help support the economy — the same reason it gave during earlier bond purchases that it engineered to bolster the weak recovery from the 2008 financial crisis. In the past, critics have asserted that the Fed's aggressive bond buying risked destabilizing financial markets and triggering runaway inflation. “Fed officials have made it pretty clear they need help from Congress at this point.”

No description available

California jobless rate falls with help of temporary jobs

Read full article: California jobless rate falls with help of temporary jobs

California lost more than 2.6 million jobs in March and April because of the coronavirus. California outperformed the nation as a whole, with its unemployment rate in August falling 2.1 percentage points compared to July while the national rate fell 1.8 percentage points to 8.4%. But compared to August of 2019, California has lost nearly 1.6 million nonfarm jobs. The county's unemployment rate is 16.6%, more than 5 percentage points higher than the statewide average. California's highest county jobless rate — 22.9% — is in Imperial County in the southeastern part of the state, bordering Arizona.

No description available

US is expected to report a record-breaking economic plunge

Read full article: US is expected to report a record-breaking economic plunge

That would be more than triple the previous worst quarterly economic fall, a 10% drop set in 1958. On Thursday, the government will issue its first of three estimates of economic activity, as measured by the gross domestic product, for the April-June quarter. Sohn noted that the economy needed 6 years to regain the ground it had lost in the 2007-2009 Great Recession. Were trying to do everything we can, day by day, to keep the health of our business, Farish said. ___AP Business Writer Joyce M. Rosenberg in New York contributed to this report.

No description available

California's April jobless rate higher than Great Recession

Read full article: California's April jobless rate higher than Great Recession

California's unemployment rate nearly tripled in April because of the economic fallout from coronavirus pandemic. (AP Photo/Marcio Jose Sanchez, File)SACRAMENTO, Calif. California's unemployment rate nearly tripled to 15.5% in April as the nation's most populous state lost more jobs in one month from the coronavirus than it did during the Great Recession a decade ago, state data released Friday showed. More than two-thirds of those gains were wiped out last month as the state lost 2.3 million jobs. Nationwide, the unemployment rate reached 14.7% as all 50 states plus the District of Columbia reported increased job losses, according to the U.S. Bureau of Labor Statistics. But the surge of claims has exhausted the states unemployment trust fund, forcing it to borrow billions of dollars from the federal government.

No description available

Coronavirus poses tough challenge for economic policymakers

Read full article: Coronavirus poses tough challenge for economic policymakers

It’s also bedeviling policymakers and central bankers who are struggling to assess the economic damage from an outbreak that's reached 37 countries and territories, infected 80,000 people and killed 2,700 worldwide. Yet if they respond too slowly or timidly, they risk having the economic damage deepen and spread. When the virus began grabbing headlines last month, most economists were relatively sanguine about the economic damage it could cause. What happens in China carries far greater economic weight than it did 17 years ago. But he said it's "still too soon to even speculate about either the size or the persistence" of the coronavirus' effects.

BACK TO TOP
  • TV Listings

  • Email Newsletters

  • RSS Feeds

  • Contests and Rules

  • Contact Us

  • Internships at WSLS 10

  • Careers at WSLS 10

  • Closed Captioning / Audio Description

  • Public File

  • Current EEO Report

  • Terms of Use

  • Privacy Policy

  • Do Not Sell My Info

  • FCC Applications

Follow Us
Visit our YouTube page (opens in a new tab)
Visit our Facebook page (opens in a new tab)
Visit our Instagram page (opens in a new tab)
Visit our X page (opens in a new tab)
Visit our RSS Feed page (opens in a new tab)
Get Results With OmneOmne Results Logo

If you need help with the Public File, call (540) 512-1512

At WSLS, we are committed to informing and delighting our audience. In our commitment to covering our communities with innovation and excellence, we incorporate Artificial Intelligence (AI) technologies to enhance our news gathering, reporting, and presentation processes. Read our article to see how we are using Artificial Intelligence.


Graham Media Group LogoGraham Digital Logo

Copyright © 2025 WSLS.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings.