US economy stabilizes with record gains after historic drop
Source: The Hill The U.S. economy swiftly recovered some of the deep losses driven by the onset of the coronavirus pandemic,…
Gallup: Voters say U.S. economy, national security are top concerns
Source: UPI As is traditionally the case, the vast majority of Americans say the U.S. economy is their chief concern ahead…
U.S. unemployment rate fell to 8.4 percent in August
Source: Politico The unemployment rate dropped to 8.4 percent in August, the Labor Department reported on Friday, marking the fourth month…
Apple is now worth $2 trillion. It doubled its value since the pandemic-induced recession, cementing its dominance in the global economy.
Source: New York Times On Wednesday Apple became the first U.S. company to hit a $2 trillion valuation when its shares…
Jobless claims fall below 1 million for first time since start of coronavirus pandemic
Source: Market Watch Initial jobless claims fell below 1 million in August for the first time since the coronavirus pandemic began…
U.S. unemployment rate fell to 10.2 percent in July
Source: Politico The unemployment rate fell to 10.2 percent in July, the Labor Department reported Friday. That’s down from a peak…
U.S. economy contracted at 32.9% pace in second quarter; Jobless claims rise to 1.43 million
Source: Politico The U.S. economy shrank at a 32.9% annualized pace between April and June as the coronavirus slammed businesses and…
New unemployment claims rose last week to 1.4 million
Source: Politico Unemployment claims rose to 1.4 million last week, the Labor Department reported, ending 15 weeks of consecutive declines in…
Jobs report for June shows 4.8 million jobs added, unemployment falls
Source: Market Watch U.S. stock-index futures added to gains on Thursday after a closely followed report on the health of the…
Feds sent more than 1 million stimulus checks to dead people, totaling $1.4 billion
Source: NBC News More than a million Americans who had died received COVID-19 stimulus payments totaling $1.4 billion, a government watchdog said Thursday in…
1.5M new unemployment claims filed last week
Source: Politico U.S. workers continued to seek unemployment assistance last week at historically elevated levels, with 1.5 million new applications filed,…
Retail Sales Bounce Up 17.7% After Record Drop As States Reopen
Source: NPR As more states and cities reopened restaurants and shopping centers, U.S. retail spending swung big in May, climbing 17.7%,…
More than 1.5 million file new jobless claims in first week of June
Source: Politico Workers filed another 1.5 million claims for jobless benefits last week, the Labor Department reported, suggesting that some Americans…
Jobless claims climb 1.88 million at end of May, but there’s growing signs unemployment is peaking
Source: Market Watch The numbers: Some 1.88 million people applied for traditional jobless benefits at the end of May and another…
2.1 million new unemployment claims filed last week
Source: CNBC First-time claims for unemployment benefits totaled 2.1 million last week, the lowest total since the coronavirus crisis began though…