Unemployment claims drop; still at 847,000 as pandemic rages on
The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.
The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.
Biden signs executive order for government to buy more US goods
President Joe Biden signed on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.
President Joe Biden signed on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.
Stimulus checks and your 2020 taxes: All of your questions, answered
The federal government has delivered two stimulus checks to tens of millions of Americans as part of an effort to blunt the economic pain triggered by the coronavirus pandemic, but many are wondering how the payments could affect your 2020 taxes as filing season approaches.
The federal government has delivered two stimulus checks to tens of millions of Americans as part of an effort to blunt the economic pain triggered by the coronavirus pandemic, but many are wondering how the payments could affect your 2020 taxes as filing season approaches.
Biden's Treasury secretary nominee Janet Yellen clears Senate committee
The Senate Finance Committee has approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th Treasury secretary.
The Senate Finance Committee has approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th Treasury secretary.
Biden signs executive orders on $15 minimum wage for federal workers, food aid increases
President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans.
President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans.
Unemployment rate in Pennsylvania remains stable as payrolls shrink
Pennsylvania’s unemployment rate remained stable and on par with the national rate in December, although the labor force and payrolls shrank, according to state figures released Friday.
Pennsylvania’s unemployment rate remained stable and on par with the national rate in December, although the labor force and payrolls shrank, according to state figures released Friday.
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.
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.
Biden to make 3rd round of stimulus a top priority
As President-elect Biden prepares to take office today, he's made it clear that a third round of stimulus payments is one of his top priorities. But there are still questions as to when Americans could see the payments and who will be eligible.
As President-elect Biden prepares to take office today, he's made it clear that a third round of stimulus payments is one of his top priorities. But there are still questions as to when Americans could see the payments and who will be eligible.
Wall Street stocks rally to records on Inauguration Day 2021
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
Jobless claims jump to 965,000 as COVID-19 pandemic 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.
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.
$2,000 checks: Biden to release stimulus package plan
On Monday, Biden maintained that getting money into the hands of Americans is a top priority when he takes office.
On Monday, Biden maintained that getting money into the hands of Americans is a top priority when he takes office.
Biden eyes child tax credit expansion among stimulus measures: Report
President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.
President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.
Schumer pledges quick delivery of $2,000 stimulus checks: 'We will get that done'
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Unemployment continues to hurt low-income workers amid pandemic
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
US lost 140,000 jobs in December; first monthly loss 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.
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.
US trade deficit widens to $68.1 billion in November
The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion.
The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion.
Jobless claims slip to still-high 787,000 in the US
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
US companies slash jobs for the first time since April, ADP report shows
The report showed that private employers shed 123,000 jobs last month, large companies announcing for the bulk of layoffs.
The report showed that private employers shed 123,000 jobs last month, large companies announcing for the bulk of layoffs.
NJ minimum wage increases to $12 an hour
Most minimum wage workers will see an increase of a dollar from $11 to $12 an hour. Tipped workers are also getting a boost.
Most minimum wage workers will see an increase of a dollar from $11 to $12 an hour. Tipped workers are also getting a boost.
AMC aims to sell $125M in stock due to coronavirus pandemic, say SEC filings
Movie theater intends to sell millions more shares to survive pandemic
Movie theater intends to sell millions more shares to survive pandemic