Christopher’s Recent Stories
Economy May 06
U.S. unemployment claims fall to a pandemic low of 498,000The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market's growing strength as businesses reopen and consumers step up spending.
Economy Apr 22
U.S. jobless claims fall to 547,000, another pandemic lowThe number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck and a further encouraging sign that layoffs are slowing on the strength of an improving job market.
Economy Apr 15
U.S. jobless claims plunge to 576,000, lowest since pandemicThe number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID low and a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
Economy Apr 08
U.S. nears full reopening to ‘different economy,’ says Fed Chair PowellThe U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, Federal Reserve Chair Jerome Powell said Thursday.
World Apr 05
Yellen calls for minimum global corporate income taxCiting a "thirty-year race to the bottom" in which countries have slashed corporate tax rates, Yellen said the Biden administration would work with other advanced economies in the so-called G20 to set a minimum.
Politics Apr 02
WATCH: Biden credits American people for jobs numbersPresident Joe Biden welcomed March job data as America’s employers unleashed a burst of hiring, adding 916,000 jobs for the month.
Economy Apr 02
March hiring accelerated to 916K, yet many jobs remain lostAmerica’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen.
Economy Mar 25
U.S. jobless claims fall to 684,000, fewest since pandemicThe number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving.
Economy Mar 05
U.S. adds a strong 379,000 jobs in hopeful sign for economyU.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
Economy Mar 04
Chairman Powell says higher inflation is temporary, fed will be ‘patient’Federal Reserve Chair Jerome Powell said Thursday that inflation will likely pick up in the coming months but the increase will be temporary, and won’t be enough for the Fed to alter its low-interest rate policies.