Layoffs remain elevated as 898,000 seek unemployment aid

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.

Biden hits Trump on economic fallout amid COVID-19 pandemic in critical Pennsylvania county

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.

Layoffs continue as 840,000 seek unemployment aid

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.

Fed chair warns lack of further COVID-19 stimulus imperils economic recovery

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.

Trump halts COVID-19 stimulus talks until after election

President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.

Hiring slows for 3rd month; US unemployment rate falls to 7.9%

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.

Layoffs remain high as 837,000 seek unemployment aid

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.

2nd round of stimulus checks would be in relief bill: Mnuchin

The Treasury Secretary says a potential coronavirus relief package will include another round of checks for Americans.

Amazon Prime Day has a date

Amazon Prime Day pulled in over $7B in 2019

Bank shares tumble on reports of rampant money laundering

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.

Dow plunges 900 points as election, coronavirus lockdown worries mount

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.

Even as hiring slows, American unemployment rate falls to 8.4%

The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began.

More than 1 million Americans applied for unemployment benefits

Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.