Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct. 24, some 40,000 lower than the previous week’s revised levels, according to the Thursday (Oct. 29) report from the U.S. Department of Labor (DOL). That’s the lowest level since the pandemic began, although...
The hopes may have been that consumer spending had been on the rebound, entrenched enough to stay positive, enough to save the holiday shopping season, and maybe beyond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
To fight a rise of COVID-19 infections, authorities in both Germany and France have opted to institute a partial lockdown for a month, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It’s been a week of all the wrong kinds of COVID-19 records getting set all over the world. In the United States, the average number of new daily cases hit another record on Monday (Oct. 26), as 36 states reported an alarming spike in new...
New York City Mayor Bill de Blasio is attempting to dissuade city residents from traveling out of state for the holidays in hopes of containing the spread of COVID-19, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Any remaining hope for an end to the coronavirus crisis within the next few months appears to be fading, with two more setbacks on the research front emerging on Tuesday (Oct. 27). Get the Full Story Complete the form to unlock this article and enjoy...
Congress has not yet arrived at another stimulus deal after months of discussions, while the probability that anything will be ratified before the election on Nov. 3 is, in effect, zero as Senate Majority Leader Mitch McConnell indicated that the legislative body will be out...
With COVID-19 cases surging and no vaccine ready, people are anticipating at least another year before they’re ready to fully return to how they lived before the pandemic, according to a study by PYMNTS. Get the Full Story Complete the form to unlock this article...
The U.S. economy may be rebounding faster than previously thought, with orders of durable goods – from cars to communications equipment – handily beating estimates for September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
