markets
Nearly Half The U.S. Population Is Without A Job, Showing How Far The Labor Recovery Has To Go
AMERICA - Published date: .
"To get the employment-to-population ratio back to where it was at its peak in 2000 we need to create 30 million jobs," ... Read more
Total Of Those Receiving Unemployment Benefits Falls Below 20 Million
AMERICA - Published date: .
Jobless claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly hi... Read more
How RIL Became The First Indian Company To Top Rs 11 Trn In Market-cap
Banking - Published date: .
Shares of RIL have more than doubled from this year's low of Rs 868 in March underpinned by a stream of investments in i... Read more
Another 1 Million Jobless Claims Show Congress May Need To Extend Extra Benefits Set To Expire
AMERICA - Published date: .
Economists say the latest jobless claims report shows adds weight to calls for the extension of expanded unemployment be... Read more
Powell Warns Of 'significant Uncertainty' About The Recovery And Says Small Businesses Are At Risk
AMERICA - Published date: .
The Fed chairman repeated warnings about the economy during the first day of his semiannual testimony before Congress. Read more
Powell Says The Fed Doesn't Want To 'run Through The Bond Market Like An Elephant'
AMERICA - Published date: .
Powell said the central bank's announced move this week to buy corporate bonds fulfills a pledge it had made earlier but... Read more
The Fed Says It Is Going To Start Buying Individual Corporate Bonds
AMERICA - Published date: .
Those purchases will go along with the ETFs the Fed already has been buying, the central bank announced Monday. Read more
Treasury Secretary Mnuchin Says 'we Can't Shut Down The Economy Again'
AMERICA - Published date: .
Treasury Secretary Steven Mnuchin told CNBC that shutting down the economy for a second time to slow Covid-19 isn't a vi... Read more
Fed Sees Interest Rates Staying Near Zero Through 2022, GDP Bouncing To 5% Next Year
AMERICA - Published date: .
The Fed also said it will continue to increase its bond holdings, targeting Treasury purchases at $80 billion a month an... Read more
Here's What Changed In The New Fed Statement
AMERICA - Published date: .
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous... Read more
Job Openings Tumble To Lowest Level In More Than 5 Years
AMERICA - Published date: .
As companies shed record-breaking numbers of employees, the total vacancies plunged to 5.05 million in April. Read more
Big Jobs Gain 'has Bought The Fed Some Time,' But More Help Eventually Will Be Needed
AMERICA - Published date: .
In addition to signaling a possible turn in the economy, the big job gains in May give the Federal Reserve some more wig... Read more
The U.S. Entered A Recession In February, According To The Official Economic Arbiter
AMERICA - Published date: .
"The unprecedented magnitude of the decline in employment and production, and its broad reach across the entire economy,... Read more
May Sees Biggest Jobs Increase Ever Of 2.5 Million As Economy Starts To Recover From Coronavirus
AMERICA - Published date: .
Nonfarm payrolls in May were expected to decrease by 8.333 million while the unemployment rate was seen rising to 19.5%,... Read more
May's Record Jobs Comeback: Here's Where The Jobs Are In One Chart
AMERICA - Published date: .
CNBC studied the net change in employment by industry for May based on data from the Labor Department. Read more
Unlike During Past Economic Downturns, Americans Have Money In Their Pockets This Time
AMERICA - Published date: .
Personal income increased 10.5% in April, the Bureau of Economic Analysis said last week. Read more
The May Unemployment Rate Is Expected To Be Near 20% As Millions More Lost Jobs
AMERICA - Published date: .
About 8 million Americans lost their jobs in May, on top of the 20.5 million in April, and economists see unemployment p... Read more
Private Payrolls Decline By 2.76 Million In May, ADP Says, A Much Smaller Drop Than Feared
AMERICA - Published date: .
The reported total was well below the 8.75 million estimate from economists surveyed by Dow Jones. The reason for the wi... Read more
U.S. Manufacturing Activity Pulls Off 11-year Low
AMERICA - Published date: .
U.S. manufacturing activity eased off an 11-year low in May, though the recovery from the Covid-19 crisis could take yea... Read more
Consumer Confidence Rises Unexpectedly In May As Economy Reopens
AMERICA - Published date: .
Consumer confidence unexpectedly improved in May as the U.S. economy slowly restarted, according to data from the Confer... Read more