Weekly jobless claims fall again in another sign of labor market improvement
First-time claims for unemployment insurance continued their decline last week, hitting another pandemic-era low in a sign that the labor...
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Job growth stronger than expected in October, unemployment rate slides to 6.9%
Employment growth was better than expected in October and the unemployment rate fell sharply even as the U.S. faces the...
Fed holds interest rates steady near zero, says economy is still well below pre-pandemic levels
The Federal Reserve held short-term borrowing rates near zero in a decision Thursday that characterized the economy as growing but...
Weekly jobless claims slump to the lowest level since the pandemic started in March
New filings for jobless claims in the U.S. totaled 787,000 last week, the lowest total since the early days of...
A Fed official who could be Biden’s Treasury secretary says Congress needs to pass stimulus to save the recovery
Federal Reserve Governor Lael Brainard issued a call Wednesday for more fiscal support from Congress, saying more stimulus is needed...
Bostic says the Fed needs to do more to address racial economic impact from the pandemic
Raphael Bostic, President and CEO of the Federal Reserve Bank of Atlanta.Cameron Costa | CNBCThe Federal Reserve has a substantial...
Watch Fed Chair Jerome Powell speak live to the International Monetary Fund
Federal Reserve Chairman Jerome Powell speaks Monday morning to the International Monetary Fund.Powell's remarks are part of a session on...
U.S. government budget ends fiscal year with a more than $3 trillion deficit
The U.S. Capitol in Washington, D.C., on Tuesday, Aug. 4, 2020.Amanda Andrade-Rhoades | Bloomberg | Getty ImagesEfforts to combat the...
Retail sales post big gain in September as consumers show unexpected strength
Consumers spent at a much faster pace than expected in September, with retail sales rising 1.9% in a sign that...
Fed’s Quarles sees need for more reforms to short-term funding markets
Randal QuarlesHailey Lee | CNBCShort-term funding markets seized up during the early days of the coronavirus pandemic, demonstrating that more...
Jobless claims jump, hitting highest level since mid-August
American workers continued to hit the unemployment line in large numbers last week, with 898,000 new claims filed for jobless...
Jobless claims were worse than expected amid slowdown in hiring
First-time claims for unemployment benefits totaled 840,000 last week, higher than expected in another sign that the spike in job...
Fed officials worried that lack of help from Congress will threaten recovery, minutes show
Federal Reserve officials worried that a lack of further fiscal stimulus would jeopardize an economy recovery that was moving faster...
Fed’s Kashkari warns that delaying stimulus will have ‘enormous consequences’
Minneapolis Federal Reserve President Neel Kashkari became the latest central banker to warn against not getting more stimulus to the...
Trump’s ending of stimulus talks will mean a ‘much slower’ recovery, Fed’s Mester says
President Donald Trump's announcement that no further stimulus talks will happen until after the November election will put a dent...
Fed Chair Powell calls for more help from Congress, says there’s a low risk of ‘overdoing it’
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC)...
Jobless claims edge lower to 837,000 as slow recovery continues
First-time claims for unemployment insurance totaled 837,000 last week, the Labor Department said Thursday as the jobs market continues its...
Companies added better than expected 749,000 jobs amid jump in construction, hospitality, ADP says
Companies added jobs at a faster-than-expected pace in September due in good part to a surge in manufacturing hires, according...
