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Economy

“Jobless claims at better-than-expected 1.3 million, total getting benefits falls to 18 million”

“Claims for the week ended July 4 totaled 1.314 million, compared with the 1.39 million expected from economists surveyed by Dow Jones. The total marked a decrease of 99,000 from a week earlier, according to the Labor Department… Continuing claims… Continue Reading…

Economy

“Jobless claims total 1.5 million, worse than expected as economic pain persists”

“Weekly jobless claims stayed above 1 million for the 13th consecutive week as the coronavirus pandemic continued to hammer at the U.S. economy. First-time claims totaled 1.5 million last week, higher than the 1.3 million that economists surveyed by Dow… Continue Reading…

Economy, Stocks

“…Nasdaq 100 sets new intraday high”

“Stocks reversed earlier losses and rose Thursday, pacing toward a fifth straight day of gains as investors looked past a new report showing new unemployment insurance claims totaled another 1.877 million last week, coming in slightly above expectations. The Nasdaq 100 rallied… Continue Reading…

Economy

“Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks”

“First-time filings for unemployment insurance totaled 2.44 million last week as the tail effects of the coronavirus shutdown continued to impact the U.S. jobs market. Economists surveyed by Dow Jones had been looking for 2.4 million claims. The seasonally adjusted… Continue Reading…

Economy

“Weekly jobless claims total 2.981 million, bringing… tally to 36.5 million”

“New filings for unemployment claims totaled just shy of 3 million for the most recent reporting period, a number that while still high declined for the sixth straight week, according to Labor Department figures Thursday. The total 2.981 million new… Continue Reading…

Economy

“US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks”

“First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past, according to Labor Department figures Thursday. Economists surveyed by Dow Jones had been looking… Continue Reading…

Economy

“Unemployment claims swell to 6.6 million…”

“The number of Americans seeking unemployment benefits swelled to 6.6 million last week… Claims between the period of March 28 and April 4 neared the previous week’s record of 6.87 million, according to the weekly jobless claims report from the Labor Department published… Continue Reading…

Economy

“The IRS changed the tax filing rule for Social Security recipients — why that’s a good thing”

“The rebate checks are part of the $2 trillion stimulus package President Donald Trump signed into law last week, intended to provide financial relief to Americans in the wake of the coronavirus pandemic. People can receive a rebate check up… Continue Reading…

Economy

“US weekly jobless claims double to 6.6 million”

“The torrent of Americans filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday. That brings to 10 million the total Americans who filed over the past two weeks.… Continue Reading…

Economy

“U.S. Jobless Claims Jump to Two-Year High Amid Closures”

“Jobless claims rose by 70,000 to 281,000 in the week ended March 14, according to Labor Department figures released Thursday. That’s the biggest one-week increase since the aftermath of Hurricane Sandy in 2012. The two western states with the biggest… Continue Reading…