5 years 4 months ago
Sen. Mitch McConnell is set to discuss infrastructure with President Joe Biden and congressional leaders on Wednesday.
5 years 4 months ago
The U.S. Chamber of Commerce blamed a $300-per-week federal jobless benefit for April's far-weaker-than-expected jobs report.
5 years 4 months ago
Labor Secretary Marty Walsh said after April's disappointing jobs report that in normal circumstances 266,000 jobs "is a good number."
5 years 4 months ago
U.S. firms hired far fewer workers than expected in April, as employers struggled to find people to fill job openings.
5 years 4 months ago
Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1%.
5 years 4 months ago
Hiring was strong in April and job growth could top 1 million, though many jobs also went unfilled.
5 years 4 months ago
U.S. dollar-denominated exports rose 32.3% in April from a year ago, beating an estimate of 24.1% growth from analysts polled by Reuters.
5 years 4 months ago
Rising asset prices in the stock market and elsewhere are posing increasing threats to the financial system, the Fed warned in a report Thursday.
5 years 4 months ago
Initial claims for unemployment benefits fell sharply last week to 498,000, a drop of nearly 100,000 from the previous week and below the 527,000 estimate.
5 years 4 months ago
Private payrolls grew by 742,000 in April, according to ADP. It was well above March's 565,000 new jobs, but less than the 800,000 Dow Jones estimate.
5 years 4 months ago
Vice President Kamala Harris is taking on a leading role as an ambassador to small businesses, particularly in underrepresented communities.
5 years 4 months ago
Treasury Secretary Janet Yellen conceded that interest rates may have to rise to keep a lid on the burgeoning economic growth.
5 years 4 months ago
The imbalance in goods and services with the rest of the world swelled to $74.4 billion, the Commerce Department reported Tuesday.
5 years 4 months ago
The recovery from the Covid recession continues to play out unequally, especially for low-wage workers, minorities and those without a college degree.
5 years 4 months ago
Barkin provided a guidepost for when he might change his mind and vote to tighten policy at least through cutting the monthly rate of asset purchases.
5 years 4 months ago
"We are seeing very substantial inflation," Buffett said. "We are raising prices. People are raising prices to us and it's being accepted."
5 years 5 months ago
The anticipated economic boom following the covid pandemic has been likened to the "Roaring '20s," but an analyst stressed that not everyone will benefit.
5 years 5 months ago
Hiring was strong in April as the economy reopened, and some economists predict more than 1 million jobs were added.
5 years 5 months ago
The gross domestic product data marked the second-fastest pace for growth since the second quarter of 2003.
5 years 5 months ago
Pending home sales rose less than expected in March, as buyers contend with record low supply and higher prices.
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21 minutes 15 seconds ago
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