U.S. Sen. Mitt Romney (R-Utah) is proposing that the federal government provide an average of $3,000 per year for most households through an initiative that he says would dramatically reduce child poverty and pay for itself through cost savings brought about by the consolidation of...
For the second consecutive week, new jobless claims are below 900,000, dropping 33,000 for the period ending Jan. 30, to 779,000, according to the weekly Department of Labor report released on Thursday (Feb. 4). Last week was the first time numbers dropped below 900,000 in three...
U.S. businesses added 174,000 jobs in January, bouncing back from a 78,000 drop in December and beating economists’ forecasts, according to data released Wednesday (Feb. 3) by payroll processor ADP. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
An annual report by the Global Business Travel Association (GBTA) analyzing the business travel sector predicts business travel will rise toward the end of the year and will fully recover by 2025. Get the Full Story Complete the form to unlock this article and enjoy...
A new report predicts the U.S. economy and jobs market will take years to recover from the coronavirus economic crash. However, gross domestic product (GDP) will return to pre-COVID levels, in part due to government stimulus packages, by mid-2021. Get the Full Story Complete the...
A new presidential administration has begun, a new House and Senate have been sworn in, and more stimulus, it seems, is going out. How much more? That remains a subject for debate on the floor of Congress this week. It’s yet to be determined exactly...
U.S. personal income in the month of December rose more than anticipated, according to the latest report from the Bureau of Economic Analysis (BEA) on Friday (Jan. 29), while personal spending went down a bit. Get the Full Story Complete the form to unlock this...
Gross domestic product (GDP) went up 4 percent in the fourth quarter of 2020, slightly below economists’ forecasts of 4.3 percent, according to a report from the Bureau of Economic Analysis (BEA) on Thursday (Jan. 28). Get the Full Story Complete the form to unlock...
Another 847,000 Americans filed for first-time unemployment benefits last week, down from 914,000 claims the week before, according to the weekly Department of Labor report on Thursday (Jan. 28). The number was better than Wall Street forecasts of 875,000. Get the Full Story Complete the form...
