Service sector performance

Cloud computing company Rackspace begins trading at the Nasdaq following its initial public offering, Wednesday, Aug. 5, 2020, in New York's Times Square. (AP Photo/Mark Lennihan)
August 05, 2020 - 10:43 am
NEW YORK (AP) — Stocks are rising again on Wall Street Wednesday, and the S&P 500 is ticking closer to its record high as it tries for a fourth straight gain. The S&P 500 was 0.7% higher in midday trading, following up on gains in European markets and across much of Asia. It’s back within 2...
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Rachel Berry, in New York City since 2004, from Laurel, Maryland, sits in her living room decorated with her art, Monday, July 6, 2020, in New York. Before the coronavirus pandemic, Berry worked as a bartender and waited tables, jobs that gave her enough time to work on her creative pursuits. But as New York City tries to reopen, there's concern that jobs for the city's creative class are no longer readily available. (AP Photo/Bebeto Matthews)
July 15, 2020 - 12:13 am
NEW YORK (AP) — It’s been the story for many a starry-eyed creative type looking for a big break in the Big Apple — wait tables to pay the bills while auditioning, performing, singing, painting, dancing, writing, whatever it takes to make the dreams of success come true. But there’s been a plot...
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FILE - In this Thursday, April 2, 2020 file photo, bagel shop manager Samantha Maddocks runs then lone shop still open in one walkway in the Pike Place Market in Seattle. Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the coronavirus. (AP Photo/Elaine Thompson, File)
June 03, 2020 - 9:33 am
WASHINGTON (AP) — The U.S. services sector shrank for a second month in May as the coronavirus pandemic triggered shutdowns and layoffs around the country. Activity did rise from levels last month that had not been seen since the recession. The Institute for Supply Management said Wednesday that...
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McCormick Cafe manager Charli Perry, left, looks over an order with server Jane Goodridge as the restaurant reopened Monday, May 4, 2020 in Billings, Mont. The state is slowly opening up its economy as some other states extend shutdowns prompted by the coronavirus. (AP Photo/Matthew Brown)
May 05, 2020 - 10:38 am
WASHINGTON (AP) — The U.S. service sector shrank for the first time in a decade last month as the pandemic forced shutdowns and layoffs nationwide. The Institute for Supply Management said Tuesday that its service-sector index fell to 41.8 in April, compared with a March reading of 52.5. Any...
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FILE - In this file photo taken on Thursday, March 26, 2020, Founder of Anderson Family Cafe Network Anastasia Tatulova, left, speaks to Russian President Vladimir Putin during a meeting with business owners and entrepreneurs at the Novo-Ogaryovo residence outside Moscow, Russia. With tears in her eyes, Anastasia Tatulova, who owns a chain of cafes for children, told Putin during a recent meeting with businessmen that a more tangible support is needed quickly. She urged the Kremlin to temporarily waive taxes instead of offering tax deferments and expand subsidies. Putin promised help, but Tatulova said that the federal authorities have stonewalled most of her proposals. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP)
April 27, 2020 - 3:16 am
MOSCOW (AP) — Desperate business owners in Russia have been pleading with the Kremlin for help in the pandemic shutdown. The response, however, has been slow and largely focused on big industries, leaving most smaller companies to fend for themselves and raising the prospect of massive unemployment...
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The North Shore Branch Library branch manager Katherine Ehlers, rear, stands at a table with Reemployment Assistance Application forms in different languages, Thursday, April 23, 2020, in Miami Beach, Fla. A half million Floridians applied for unemployment benefits last week, as a statewide task force continues examining when businesses shuttered because of the new coronavirus can reopen. (AP Photo/Wilfredo Lee)
April 24, 2020 - 12:12 am
NEW YORK (AP) — Ulises García went from being a waiter to working at a laundromat. Yelitza Esteva used to do manicures and now delivers groceries. Maribel Torres swapped cleaning homes for sewing masks. The coronavirus pandemic has devastated sectors of the economy dominated by immigrant labor:...
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Mark Carney, Governor of the Bank of England attends the Bank of England's Monetary Policy Report news conference in the City of London, Thursday Jan. 30, 2020. The Bank of England on Thursday opted against cutting interest rates after a run of fairly firm economic data in the past week eased fears about a dramatic slowdown in the British economy. (Jonathan Brady/Pool via AP)
February 19, 2020 - 4:36 am
LONDON (AP) — Consumer price inflation in Britain jumped higher in January, official figures showed Wednesday, undermining the case for the central bank to cut interest rates as it had been expected to do. The annual inflation rate rose to 1.8% from 1.3% in December, the national statistics agency...
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FILE - In this Nov. 27, 2019, file photo Dan Villegas stocks items in preparation for a holiday sale at a Walmart Supercenter in Las Vegas. On Tuesday, Jan. 7, 2020, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for December. (AP Photo/John Locher, File)
January 07, 2020 - 10:22 am
WASHINGTON (AP) — U.S. services companies grew more quickly in December than the previous month, a sign that the economy's steady expansion should continue. The Institute for Supply Management said Tuesday that its service-sector index rose to 55, from 53.9 in November. Any reading above 50 signals...
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FILE - In this file photo dated Wednesday, Dec. 11, 2019, people gather near London Bridge, backdropped by the city of London financial district, with 20 Fenchurch Street building known as The Walkie-Talkie building, top right. Prime Minister Boris Johnson's decisive victory in last week's general election provided little comfort to Britain's once world-beating financial services industry, which has been battered by Brexit for more than three years. (AP Photo/Thanassis Stavrakis, FILE)
December 18, 2019 - 5:43 am
LONDON (AP) — Prime Minister Boris Johnson's decisive victory in last week's general election provided little comfort to Britain's once world-beating financial services industry, which has been battered by Brexit for more than three years. While Johnson's triumph buoyed optimism that he would end...
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In this Nov. 4, 2019, file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. President Donald Trump says he “will make a decision very soon’’ about whether to impose tariffs on imported cars and auto parts. (AP Photo/Ted S. Warren, File)
December 04, 2019 - 9:56 am
WASHINGTON (AP) — Growth in the U.S. service sector slowed in November with service companies complaining about higher tariffs from various trade battles and the inability to find enough qualified workers. The Institute for Supply Management, an association of purchasing managers, reported...
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