Economy Feb 05 U.S. employers add just 49,000 jobs as unemployment falls to 6.3 percent 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.
Economy Feb 04 U.S. unemployment claims fall to 779,000 but job cuts grind on The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows that a sizable number of people keep losing jobs to the viral pandemic.
Economy Feb 03 Why U.S. hiring could rebound faster than expected A hopeful view is gaining steam that as vaccinations reach a critical mass in the United States, perhaps around midyear, the economy and the job market will strengthen much faster.
Economy Jan 21 U.S. unemployment claims fall to a still-high 900,000 Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
Politics Jan 20 AP FACT CHECK: Trump’s fiction in his goodbye to Washington Falsehoods suffused President Donald Trump's farewell remarks Wednesday morning and the night before, though he was spot on with this: “We were not a regular administration.”…
Economy Jan 14 Powell signals Federal Reserve will keep aiding economy with bond buying Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback would be signaled far in advance.
Economy Jan 14 U.S. unemployment claims jump to 965,000 as virus takes toll The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
Economy Jan 08 U.S. loses 140,000 jobs, first monthly drop since spring U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
Politics Dec 20 Deal on Fed removes obstacle to agreement on virus aid bill Top congressional lawmakers struck a late-night agreement on the last major obstacle to a COVID-19 economic relief package costing nearly $1 trillion, clearing the way for votes as early as Sunday.
Economy Dec 16 WATCH: Fed chair Jerome Powell discusses economy The Federal Reserve said it will keep buying government bonds until the economy makes "substantial" progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.