Wall Street
U.S. Consumer Confidence For June Jumps More Than Expected
AMERICA - Published date: .
Consumer confidence rose more than expected in June as the U.S. loosened stay-at-home and quarantine restrictions, accor... Read more
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
Stock Markets Mostly Down As New Virus Cases Temper Reopening
Hedge Fund - Published date: .
Oil prices dipped after a healthy advance on Friday. 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
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
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
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
May Unemployment Looks Worse Than Expected, Signaling Another Bad Jobs Report Could Be Coming
AMERICA - Published date: .
So far, state reopenings have not helped stem the rise in unemployment, which is expected to show another big jump in th... Read more
As States Reopen, It's A Race Against The Clock For Small Businesses To Pay Bills And Stay Solvent
AMERICA - Published date: .
As states reopen, the focus has turned to whether smaller companies can find enough business to survive, preventing a wa... Read more
Consumer Sentiment Unexpectedly Rises After Massive U.S. Fiscal Stimulus
AMERICA - Published date: .
U.S. consumer sentiment inched higher in the early part of May following massive stimulus measures undertaken by the gov... Read more
Powell's Gloomy Outlook Has Investors Predicting The Fed May Make Another Big Move Soon
AMERICA - Published date: .
Some strategists say the Fed could announce a new quantitative easing program before or at its June 9-10 meeting. Read more
Tudor Jones Says This Will Be The 'Second Depression' If We Remain In Lockdown In A Year
AMERICA - Published date: .
Hedge fund investor Paul Tudor Jones said the country may have trouble following contact tracing and other methods used ... Read more
US Risking A Second Wave And A Depression, Mark Zandi Warns
AMERICA - Published date: .
Mark Zandi of Moody's Analytics' worries businesses may reopen too soon and create another spike in coronavirus cases. Read more
Small Business Loans Are Not Going Proportionately To The Hardest-hit Areas, Fed Study Shows
AMERICA - Published date: .
States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a... Read more
Fed's James Bullard Says The Jobs Report On Friday Will Be One Of The Worst Ever
AMERICA - Published date: .
Bullard's comments came minutes before ADP reported that private payrolls shed more than 20 million jobs in April amid c... Read more
US Services Sector Posts Biggest Contraction Since 2009 As Coronavirus Halts Economic Activity
AMERICA - Published date: .
The U.S. services sector contracted for the first time in about a decade last month as the coronavirus pandemic brought ... Read more
April's Jobs Report Showing Millions Out Of Work Looms Large In The Week Ahead
AMERICA - Published date: .
In the week ahead, the April jobs report is expected to show the highest unemployment since 1939. Read more
Powell Says The Economy Will Likely Need More Support From The Fed For The Recovery To Be 'robust'
AMERICA - Published date: .
Federal Reserve Chairman Jerome Powell said more stimulus is needed to ensure a robust economic recovery from the corona... Read more