Latest Service sector performance News

A currency trader wearing a face mask walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 6, 2020. Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. (AP Photo/Lee Jin-man)

Asian shares mixed as US talks on stimulus still stalled

Aug. 5, 2020 11:17 PM EDT

Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. Investors are watching to see if lawmakers will come ahead with fresh stimulus for the U.S. economy. Tokyo's Nikkei 225 index shed 0.4% to 22,438.61 while the Shanghai Composite index gave...

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)

Services sector index increases to 17-month high in July

Aug. 5, 2020 11:53 AM EDT

WASHINGTON (AP) — Activity in the services sector, where most Americans work, hit a 17-month high in July but economists fear that may be unsustainable because of the failure in the U.S. to contain COVID-19 infections. The Institute for Supply Management said Wednesday that its service sector index rose to...

Services sector index increases to 58.1 reading in July

Aug. 5, 2020 10:16 AM EDT
WASHINGTON (AP) — Services sector index increases to 58.1 reading in July.
FILE - In this June 26, 2019, file photo, a package of meatless burgers by Beyond Meat are seen in Orlando, Fla. More people are throwing plant-based burgers on the grill this summer. Beyond Meat, which makes pea protein-based burgers and sausages, says its second-quarter revenue in 2020 jumped 69% to $113 million as more households tried its products. That far outpaced Wall Street’s forecast of $99 million. (AP Photo/John Raoux, File)

Beyond Meat's 2Q sales jump as more try plant-based burgers

Aug. 4, 2020 6:24 PM EDT

More people are throwing plant-based burgers on the grill this summer. Beyond Meat, which makes pea protein-based burgers and sausages, said Tuesday its second quarter revenue jumped 69% to $113 million as more households tried its products in the U.S. and elsewhere. Sales far outpaced Wall Street’s...

Branson tries to find affordable housing for the homeless

Jul. 24, 2020 9:10 AM EDT

BRANSON, Mo. (AP) — It was a windy day in early June, and Cecelia Dardnella McGrath had spent much of the morning crying. She woke that day to police ordering her to pack up her belongings and leave the wooded area where she’d camped for more than three months. It was private property, and the owner...

Audrey Reed, 8, holds up a sing through the sunroof of a car during a rally in Los Angeles, Monday, July 20, 2020. Thousands across the country walked off the job to protest systemic racism and economic inequality that has worsened during the coronavirus pandemic. (AP Photo/Jae C. Hong)

Workers protest racial inequality on day of national strike

Jul. 20, 2020 9:28 PM EDT

NEW YORK (AP) — Workers from the service industry, fast-food chains and the gig economy rallied with organized labor Monday to protest systemic racism and economic inequality, staging demonstrations across the U.S. and around the world seeking better treatment of Black Americans in the workplace....

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)

Without waiter jobs, what happens to creative New York?

Jul. 15, 2020 3:38 PM EDT

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...

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)

Activity in services sector shows record rebound in June

Jul. 6, 2020 10:41 AM EDT

WASHINGTON (AP) — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country. The Institute for Supply Management said Monday that its service sector index rose to 57.1 in June, up from a...

Activity in US service sector shows big rebound to 57.1 reading in June but gain could be hurt by rising virus cases

Jul. 6, 2020 10:07 AM EDT
WASHINGTON (AP) — Activity in US service sector shows big rebound to 57.1 reading in June but gain could be hurt by rising virus cases.