Christopher’s Recent Stories
Economy May 06U.S. unemployment claims fall to a pandemic low of 498,000
The 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 22U.S. jobless claims fall to 547,000, another pandemic low
The 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 15U.S. jobless claims plunge to 576,000, lowest since pandemic
The 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 08U.S. nears full reopening to ‘different economy,’ says Fed Chair Powell
The 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 05Yellen calls for minimum global corporate income tax
Citing 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 02WATCH: Biden credits American people for jobs numbers
President Joe Biden welcomed March job data as America’s employers unleashed a burst of hiring, adding 916,000 jobs for the month.
Economy Apr 02March hiring accelerated to 916K, yet many jobs remain lost
America’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 25U.S. jobless claims fall to 684,000, fewest since pandemic
The 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 05U.S. adds a strong 379,000 jobs in hopeful sign for economy
U.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 04Chairman 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.