Nation Jul 11 AP FACT CHECK: If he’s said it once, he’s said it 100 times COVID-19 testing would be the envy of the world, the economy would be on the cusp of roaring back, the threat would be receding in a pandemic that has sickened more than 3.1 million Americans and killed more than 134,000.
Economy Jul 09 Layoffs remain high as 1.3 million seek jobless aid More than 1.3 million Americans applied for unemployment benefits last week, a historically high pace that shows that many employers are still laying people off in the face of a resurgent coronavirus.
Nation Jul 06 Treasury names over 650,000 small businesses receiving government loans The Treasury Department on Monday released the names of more than 650,000 companies that received funds from the government's small business lending program, a massive effort intended to support the economy as states shut down in April to contain the…
Economy Jul 02 U.S. adds 4.8 million jobs as unemployment falls to 11.1% U.S. employers added a substantial 4.8 million jobs in June, as the job market improved for a second straight month.
Economy Jun 25 Applications for jobless aid fall to nearly 1.5 million, a slowing but still-high level The number of laid-off workers who applied for unemployment benefits declined slightly to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
Economy Jun 19 Hiring rose in 46 states in May, yet jobless rates remain high Employers added jobs in 46 states last month, evidence that the U.S. economy’s surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economies early and those that did so only…
Economy Jun 18 1.5 million more laid-off workers seek unemployment benefits About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some people back to work.
Economy Jun 11 1.5 million more laid-off workers sought unemployment benefits last week About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
Economy Jun 10 Federal Reserve to keep providing aid and sees no rate hike through 2022 The Federal Reserve says it will keep buying bonds to maintain low borrowing rates and support the U.S. economy in the midst of a recession. And it says nearly all the Fed's policymakers foresee no rate hike through 2022.
Economy Jun 10 WATCH: Fed ‘not thinking about raising rates,’ Powell says Chairman Jerome Powell faces a challenging task Wednesday: He'll need to make a convincing case that the Federal Reserve is committed to using all its tools to bolster an economy gripped by recession — without making any policy changes to…