Economics

(Bloomberg) — Applications for U.S. unemployment benefits were little changed last week, contrasting with estimates for a decline and highlighting an economic recovery that’s coming in fits and starts. Initial jobless claims in regular state […]

ballots has also unsettled some investors. Moreover, a buildup of positions in big tech-related stocks has increased risk, as seen in a sharp market sell-off on Thursday. “This is just a situation where all the […]

Business owners in Minneapolis are scrounging for answers after discovering that insurance money will not be enough to cover clean-up costs after rioters ransacked neighborhoods and hollowed out storefronts, according to a report published Monday. […]

The months of protests and riots in Portlandhave prompted some businesses in the city to opt to move out completely or relocate outside its central district, according to a report on Monday. Greg Goodman, the […]

The S&P 500 closed at a record high on Tuesday, wiping out losses from the coronavirus-induced sell-off and returning the market to pre-pandemic levels. But while the index is right back where it started before […]

Lower employment could persist in the US for years following the coronavirus pandemic, according to a Thursday report from the Internal Revenue Service. The IRS report estimates that there will be about 229.4 million W-2 […]

(Bloomberg) — Applications for U.S. unemployment benefits unexpectedly increased last week, a stumble for the labor market in its long road to recovery. Initial jobless claims in regular state programs rose by 135,000 to more […]

(Bloomberg) — U.S. consumer prices rose in July by more than expected on a jump in auto and apparel costs, though inflation remained broadly muted as the pandemic suppressed demand. The consumer price index rose […]

President Donald Trump signed an array of executive actions on Saturday to bypass Congress and implement economic relief measures on his own. Among them was a $400 weekly supplement to federal unemployment insurance through December […]

WASHINGTON (AP) — The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound. […]