Layoffs remain elevated as 898,000 seek unemployment aid
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
Biden hits Trump on economic fallout amid COVID-19 pandemic in critical Pennsylvania county
Democratic presidential candidate Joe Biden is blistering President Donald Trump as only pretending to care about the working-class voters who helped flip the Rust Belt to the Republican column four years ago.
Layoffs continue as 840,000 seek unemployment aid
The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.
Trump says he'd sign off on specific coronavirus relief measures after halting talks
President Trump on Tuesday said he would sign off on specific coronavirus relief measures aimed at helping the airlines and small businesses.
Fed chair warns lack of further COVID-19 stimulus imperils economic recovery
Federal Reserve Chair Jerome Powell warned that a recovery from the COVID-19 pandemic recession could falter unless the federal government supplies additional stimulus relief.
Trump halts COVID-19 stimulus talks until after election
President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.
Hiring slows for 3rd month; US unemployment rate falls to 7.9%
America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
Layoffs remain high as 837,000 seek unemployment aid
The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
Senate passes stopgap bill to fund US government through December
The last-minute approval came just hours before funding expired at midnight on Wednesday.
Climate change poses ‘major risk’ to US financial system, federal report warns
The report, commissioned by President Donald Trump’s CFTC, found that climate change is already impacting or is anticipated to impact nearly every facet of the economy.
North Texas student turns chalk hobby into business during pandemic
The pandemic is forcing a lot of people to get creative. And that's exactly what one North Texas woman who lost her job did. Now Brinley Ash in high demand for her sidewalk art.
Unemployment claims at 870,000 as fraud and backlogs cloud data
The number of people seeking U.S. unemployment aid rose slightly last week to 870,000.
Amazon Prime Day has a date
Amazon Prime Day pulled in over $7B in 2019
Dow plunges 900 points as election, coronavirus lockdown worries mount
U.S. equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S. election.
860,000 filed new unemployment claims last week as COVID-19 continues to drive joblessness in US
The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage from the coronavirus outbreak.
Layoffs remain elevated as 884,000 Americans seek unemployment aid
The number of Americans applying for jobless aid was unchanged last week at 884,000.
Unemployment claims fall to 881,000 but layoffs remain elevated
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
Coronavirus pandemic brings hard times for farmers, worsening hunger
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.
In college towns, smaller businesses struggle without students
Small business owners in college towns across the U.S. are hoping for the best when students return — and bracing for the worst.
More than 1 million Americans applied for unemployment benefits
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.