The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.
President Trump hinted he might intervene if Republican senators don't support a second coronavirus stimulus package worth trillions of dollars, during an interview with Charles Benson of WTMJ4 Milwaukee on Saturday.
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
Democratic presidential candidate Joe Biden is blistering President Donald Trump as only pretending to care about the working-class voters who helped flip the Rust Belt to the Republican column four years ago.
The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.
President Trump on Tuesday said he would sign off on specific coronavirus relief measures aimed at helping the airlines and small businesses.
Federal Reserve Chair Jerome Powell warned that a recovery from the COVID-19 pandemic recession could falter unless the federal government supplies additional stimulus relief.
President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.
'No cast member goes hungry'
America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
The Treasury Secretary says a potential coronavirus relief package will include another round of checks for Americans.
The last-minute approval came just hours before funding expired at midnight on Wednesday.
The number of people seeking U.S. unemployment aid rose slightly last week to 870,000.
Amazon Prime Day pulled in over $7B in 2019
The financial sector was hit hard Monday following a report alleging that a number of banks have continued to profit from illicit dealings with disreputable people and criminal networks.
U.S. equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S. election.
On Friday, the IRS announced that it will mail letters to people who did not file a return for either 2018 or 2019, but still may qualify for an Economic Impact Payment.
The number of Americans applying for jobless aid was unchanged last week at 884,000.