Unemployment claims drop to 730,000; pandemic keeps layoffs high

Unemployment claims drop to 730,000; pandemic keeps layoffs high

The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.

The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.

Nobel Prize-winning economist weighs in on failure of Texas power grid

Nobel Prize-winning economist weighs in on failure of Texas power grid

A Nobel Prize-winning economist who has become known for his hard-hitting arguments is taking on the Texas power grid debacle.

A Nobel Prize-winning economist who has become known for his hard-hitting arguments is taking on the Texas power grid debacle.

Tech stocks slide as bond yields spike, GameStop soars

Tech stocks slide as bond yields spike, GameStop soars

Investors turned their focus to another wild surge in GameStop and a handful of other stocks favored by online investors.

Investors turned their focus to another wild surge in GameStop and a handful of other stocks favored by online investors.

Did you get the right stimulus check amount? Why you need to know before filing your tax return

Did you get the right stimulus check amount? Why you need to know before filing your tax return

Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.

Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.

Unemployment claims dip to 793,000; layoffs remain high

Unemployment claims dip to 793,000; layoffs remain high

Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.

Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.

Employers added 49K jobs last month as US unemployment fell to 6.3%

Employers added 49K jobs last month as US unemployment fell to 6.3%

U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.

U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.

Jobless claims fall to 779,000; layoffs grind on

Jobless claims fall to 779,000; layoffs grind on

The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.

The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.

Democrats urge Biden to cancel up to $50k in student loan debt by executive action

Democrats urge Biden to cancel up to $50k in student loan debt by executive action

The resolution called on President Biden to take executive action to "administratively cancel up to $50,000 in Federal student loan debt for Federal student loan borrowers" using "existing legal authorities" under the Higher Education Act of 1965.

The resolution called on President Biden to take executive action to "administratively cancel up to $50,000 in Federal student loan debt for Federal student loan borrowers" using "existing legal authorities" under the Higher Education Act of 1965.

'I am optimistic now': Post-pandemic hiring could rebound quickly

'I am optimistic now': Post-pandemic hiring could rebound quickly

A hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions.

A hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions.

Robinhood tells customers it will allow ‘limited buys’ amid GameStop, AMC trading frenzy

Robinhood tells customers it will allow ‘limited buys’ amid GameStop, AMC trading frenzy

Robinhood, the online trading platform at the center of a speculative frenzy involving shares of GameStop, AMC and other flailing companies, told its customers Thursday that it would be allowing “limited buys” of these companies starting Friday.

Robinhood, the online trading platform at the center of a speculative frenzy involving shares of GameStop, AMC and other flailing companies, told its customers Thursday that it would be allowing “limited buys” of these companies starting Friday.

US economy shrank 3.5% in last year after growing 4% last quarter

US economy shrank 3.5% in last year after growing 4% last quarter

Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.

Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.

Unemployment claims drop; still at 847,000 as pandemic rages on

Unemployment claims drop; still at 847,000 as pandemic rages on

The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.

The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.

Janet Yellen wins Senate approval to become 1st female Treasury secretary

Janet Yellen wins Senate approval to become 1st female Treasury secretary

Janet Yellen has been confirmed as Biden’s treasury secretary in an overwhelming Senate vote, the first woman to hold the job in the department's 232-year history.

Janet Yellen has been confirmed as Biden’s treasury secretary in an overwhelming Senate vote, the first woman to hold the job in the department's 232-year history.

Biden signs executive order for government to buy more US goods

Biden signs executive order for government to buy more US goods

President Joe Biden signed on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.

President Joe Biden signed on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.