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    New York (CNN Business)Jobless claims are at a Covid-era low, and people are increasingly looking for work as various states prepare to cut back their enhanced pandemic unemployment benefits.This might look like a slam dunk for critics of those payments — but experts say the connection isn't as straightforward as it might seem."We still don't know how much of an...
    The number of new applications for unemployment benefits dropped 38,000 last week to 407,000, the Labor Department reported on Thursday, the new pandemic low. The figure represents the number of people who filed for unemployment in the previous week and was below forecasters’ expectations of 425,000 new claims. The number is also lower than the week prior. “Many...
    New jobless claims dropped 38,000 to 406,000 for the week ended May 22, the Department of Labor said Thursday. Economists had expected an uptick in claims to 450,000 from last week’s lower-than-expected 444,0000. This is the lowest level of jobless claims since March 14, 2020, when it was 256,000. Jobless claims can be volatile week-to-week, so analysts often look to...
    THE NINE NEW COVID-19 VACCINE BILLIONAIRES:  STEPHANE BANCEL   Company: Moderna Role: CEO    Net worth: $4.3 billion  UGUR SAHIN  Company: BioNTech  Role: CEO and co-founder  Net worth: $4 billion  JUAN LOPEZ-BELMONTE  Company: ROVI  Role: Chairman  Net worth: $1.8 billion  NOUBAR AFEYAN  Company: Moderna Role: Chairman  Net worth: $1.9 billion    ...
                      by Thomas Catenacci  The number of Americans filing new unemployment claims dropped to 473,000 last week as the economy continues to slowly recover from the coronavirus pandemic, according to the Department of Labor. The Bureau of Labor and Statistics figure released Thursday represented a decrease in the number of new jobless claims compared...
    WASHINGTON -- The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.Thursday's report from the Labor Department showed that applications declined 34,000 from a revised 507,000 a week earlier. The number of weekly jobless claims...
    The number of Americans filing new unemployment claims dropped to 473,000 last week as the economy continues to slowly recover from the coronavirus pandemic, according to the Department of Labor. The Bureau of Labor and Statistics figure released Thursday represented a decrease in the number of new jobless claims compared to the week ending May 1, when 507,000 new jobless claims were...
    More On: economy From inflation to jobs to the border, Biden is flailing — when will the media notice? Worker shortage threatening to derail US economic recovery: experts Inflation rises at fastest pace in more than 12 years US job openings soar to record 8.1M as companies struggle to hire workers The number of Americans seeking new unemployment benefits...
                      by Thomas Catenacci  The number of Americans filing new unemployment claims dropped sharply to 498,000 last week as the economy continues to recover from the coronavirus pandemic, according to the Department of Labor. The Bureau of Labor and Statistics figure released Thursday represented a large decrease in the number of new jobless claims...
    More On: economy Biden’s tax hikes will thwart the economic prosperity he’s promising Janet Yellen tells truth on economy — then quickly reverses herself Yellin clarifies inflation comments after talk of rate hike roils Wall Street Help for vets who lost jobs because of COVID on the way The number of Americans seeking unemployment benefits dropped last week to...
    The number of Americans filing new unemployment claims dropped sharply to 498,000 last week as the economy continues to recover from the coronavirus pandemic, according to the Department of Labor. The Bureau of Labor and Statistics figure released Thursday represented a large decrease in the number of new jobless claims compared to the week ending April 24, when 590,000 new jobless claims...
                      by Thomas Catenacci  The number of Americans filing new unemployment claims dropped to 553,000 last week as the economy continues to recover from the coronavirus pandemic, according to the Department of Labor. The Bureau of Labor and Statistics figure released Thursday represented a decrease in the number of new jobless claims compared...
    The number of Americans filing new unemployment claims dropped to 553,000 last week as the economy continues to recover from the coronavirus pandemic, according to the Department of Labor. The Bureau of Labor and Statistics figure released Thursday represented a decrease in the number of new jobless claims compared to the week ending April 17, when 566,000 new jobless claims were reported....
    The positive COVID-19 rate for those tested in the Hudson Valley is below 3 percent for the first time in several weeks as New York continues its resurgence from the winter surge of the virus.  In the Hudson Valley, the positivity rate has dipped to 2.94 percent on Wednesday, April 21, down from 3.19 percent as recently as two days...
                      by Thomas Catenacci  The number of Americans filing new unemployment claims dropped to 547,000 last week as the economy continues to recover from the coronavirus pandemic, according to the Department of Labor. The Bureau of Labor and Statistics figure released Thursday represented a decrease in the number of new jobless claims compared...
    The number of Americans filing new unemployment claims dropped to 547,000 last week as the economy continues to recover from the coronavirus pandemic, according to the Department of Labor. The Bureau of Labor and Statistics figure released Thursday represented a decrease in the number of new jobless claims compared to the week ending April 10, when 586,000 new jobless claims were...
    Over half of New York voters have an unfavorable view of Democratic Gov. Andrew Cuomo for the first time, and 44% believe he is guilty of sexual harassment allegations against him, according to a Monday Sienna College poll. Cuomo holds a 40-52 favorability rating, down from 43-45 in March, 56-39 in February and 77-21 in April 2020. The all-time low...
    The number of Americans seeking unemployment benefits plunged last week to its lowest level since the start of the coronavirus crisis, the feds said Thursday. The latest batch of 576,000 initial jobless claims brought the total for the COVID-19 pandemic to roughly 79.6 million — a figure equivalent to nearly half the nation’s workforce. But last week saw the fewest...
    More On: unemployment benefits House GOP questions NY’s $2.1B unemployment program for illegal immigrants New jobless claims jump in troubling sign for COVID recovery NY Dems wrangle over unemployment benefits to undocumented workers NYS lawmakers, Cuomo negotiating $2.1B fund for illegal immigrants, ex-cons The number of Americans seeking unemployment benefits plunged last week to its lowest level since the...
    Avelo plane.Source: Avelo With demand for air travel growing quickly as the U.S. reopens from the Covid-19 pandemic, Andrew Levy thinks it's the perfect time to launch a new airline. Levy is the CEO of Avelo, a low-cost carrier based in Burbank, Calif., that will start flying in late April to eleven airports and markets in the western U.S. —...
    More On: unemployment benefits At last! Some good news from the COVID-era jobs market Workers file 770,000 new jobless claims as COVID layoffs stubbornly increase Bronx man nabbed for alleged $1.4M COVID-19 fraud — thanks to his dog Workers file 712,000 new jobless claims as COVID-19 recovery continues The number of Americans seeking unemployment benefits unexpectedly jumped above the...
    CHICAGO (CBS) — As registration opened Thursday for a new mass vaccination site at the United Center, Illinois marked two encouraging new milestones in the pandemic, with more than 4 million doses of COVID-19 vaccine delivered to the state so far, while Illinois also reached a new low for coronavirus hospitalizations. The Illinois Department of Public Health reported a total...
    PHOENIX (AP) — Arizona's COVID-19 death toll surpassed 16,000 on Tuesday as the state reported 81 additional deaths and 849 additional confirmed infection cases. The daily increase in newly confirmed cases was the smallest in three months. The latest figures reported by the state Department of Health Services increased the state's pandemic totals to 818,670 confirmed cases and 16,080 deaths....
    SILICON VALLEY, Calif. (KGO) -- In a little more than three weeks, we will hit one year since the Bay Area went into pandemic lockdown.The nearly year-long pandemic has hammered Silicon Valley, creating new problems and making existing ones worse. The analysis contained in Joint Venture's new Silicon Valley Index points out, for example, that unemployment brushed close to 12...
    SANTA FE, N.M. (AP) — Low-income New Mexicans will receive more help with their utility bills under an effort funded by federal coronavirus relief money. The state Human Services Department announced Tuesday that it has received more than $5 million of federal funding that will pay for $300 one-time payments for those who are behind at least one month on...
    Infectious disease expert Dr. Anthony Fauci had nothing but praise for New York’s handling of the COVID-19 pandemic and the state’s plan going forward during a surprise virtual appearance on Monday morning. Fauci was a special guest speaker during New York Gov. Andrew Cuomo’s COVID-19 briefing on Monday, Dec. 7 in Manhattan, where he sounded off on the state’s progress...
    With youthful energy and hopeful rhetoric, Baltimore’s newly elected mayor will assume office Tuesday, ushering in a new generation of leadership trying to move the city beyond what many say has been decades of stagnation and backsliding. But Democrat Brandon Scott, 36, is starting his new job at a historically tough time. The city has recorded more than 300 homicides...
    BALTIMORE (AP/WJZ) — With youthful energy and hopeful rhetoric, Baltimore’s newly elected mayor will assume office Tuesday, ushering in a new generation of leadership trying to move the city beyond what many say has been decades of stagnation and backsliding. But Democrat Brandon Scott, 36, is starting his new job at a historically tough time. The city has recorded more...
    By REGINA GARCIA CANO, Associated Press With youthful energy and hopeful rhetoric, Baltimore’s newly elected mayor will assume office Tuesday, ushering in a new generation of leadership trying to move the city beyond what many say has been decades of stagnation and backsliding. But Democrat Brandon Scott, 36, is starting his new job at a historically tough time. The city...
    The number of Americans seeking unemployment benefits fell slightly last week to 751,000 - the lowest figure in eight months since COVID-19 first started ravaging the US economy.  New claims for state unemployment benefits totaled 751,000 for the week ended October 31, compared to 758,000 in the prior week, the Labor Department said on Thursday. That figure, while it has...
    (CNN)Idaho Lt. Gov. Janice McGeachin and 10 Republican state legislators (or legislators to be) appeared in a video earlier this week in which they seemed to openly question the existence of the coronavirus pandemic while also insisting they would follow no state or local emergency orders relating to the fight against Covid-19."The fact that a pandemic may or may not...
    The number of new applications for unemployment benefits dropped to 751,000 last week, the Labor Department reported on Thursday, down from 791,000 and a new low since the pandemic. Economists expected claims to total 770,000 last week. This article will be updated. Business News Unemployment Labor Coronavirus
    WASHINGTON – U.S. long-term mortgage rates slipped this week as the key 30-year loan marked a new all-time low for the 11th time this year. Home loan rates have notched a year-long decline amid economic anxiety in the recession set off by the coronavirus pandemic. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year benchmark loan...
    Tennis: Birthday girl Halep sails through after slow start 50 things to pick up at the grocery store this fall How 2020 broke the housing market: So many homes are selling that we could run out of new houses in months © Provided by Business Insider A house is the most desirable get amid the coronavirus pandemic, but the US...
    NEW YORK (WABC) -- The Tri-State area is still crushing the curve when it comes to the coronavirus, but the rest of the country continues to struggle.More than 182,000 people in the U.S. have now died from the virus.The nation is approaching six million confirmed cases as college campuses in every state report clusters of new infections.On Sunday, Governor Andrew...
    New York (CNN Business)The Federal Reserve is stepping up its quest to prevent the United States from tumbling into a spiral of falling prices that is difficult to escape from.After an 18-month review, the Fed announced changes Thursday to its long-term strategy that are designed to help the central bank meet long-elusive inflation goals. The new strategy, laid out in...
    Federal Reserve Chairman Jerome Powell speaks at his news conference following the two-day meeting of the Federal Open Market Committee (FOMC) meeting on interest rate policy in Washington, January 29, 2020.Yuri Gripas | Reuters Even before Covid-19 crushed the economy, the Fed was worried about low inflation and was working on ways to let it run slightly hotter temporarily in...
    Heavyweight champion Ali Isaev reveals frustration with PFL hiatus: Give me a fight or let me go How Covid-19 is transforming grocery e-commerce in Dubai Dow slumps 170 points as consumer confidence sinks to new pandemic low MARKET SNAPSHOT © MarketWatch photo illustration/Getty Images, iStockphoto U.S. stocks were under pressure Tuesday morning, failing to retain a grip on opening...
    Hurricane Laura Evacuation Map: Residents In Galveston, Port Arthur Under Mandatory Orders To Leave The discount grocer Lidl is opening 50 new stores. See if its coming to your town. Dow slumps as consumer confidence sinks to new pandemic low MARKET SNAPSHOT © MarketWatch photo illustration/Getty Images, iStockphoto U.S. stocks were under pressure Tuesday morning, failing to retain a...
    Dont Hate Dianna Russini Because Shes Right About the Tampa Bay Bucs How Covid-19 is transforming grocery e-commerce in Dubai Consumer confidence tumbles to new pandemic low after summer viral outbreak ECONOMIC REPORT © Getty Images Customers order snacks at the concession stand at an AMC theater Las Vegas, Nevada. AMC Theatres reopened more than 100 of its movie theaters...
    Home construction in the U.S. accelerated by the most in nearly four years in July, in the latest sign the housing sector is one of the few areas of strength in an economy suffering a record slowdown in the coronavirus pandemic. Housing starts increased 22.6 percent - the biggest gain since October 2016 - to a seasonally adjusted annual rate...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City New York City’s 30 largest employers pledged to combine forces and create 100,000 jobs for low-income members of the Black, Latino and Asian communities by 2030, Mayor Bill de Blasio announced on Tuesday.  CEO’s from 27 of the companies, which include...
    A new coalition of corporate chief executives representing 27 major employers is pledging to hire 100,000 low-income and minority workers by 2030. The effort includes JPMorgan Chase CEO Jamie Dimon, Amazon's Jeff Bezos and Microsoft's Satya Nadella. The group, called the New York Jobs CEO Council, said its goal is to hire early-career job candidates from low-income and Black, Latinx...
    NEW JERSEY (CBSNewYork) – A legendary family-owned bus company that has been around since the 1800s is shutting down. New Jersey based DeCamp Bus Lines said the coronavirus pandemic left them no choice, CBS2’s Jessica Moore reported Friday. For people like Mary and Tyler Hendry, DeCamp Bus Lines provided their only option for commuting to New York City from so-called...
    The latest numbers on the coronavirus pandemic in Maryland look good, with the exception of the area around a popular vacation spot. The statistics released by Gov. Larry Hogan’s office Thursday show that the percentage of COVID-19 tests that came back positive Wednesday was 3.83%, bringing the statewide seven-day average to 4.03%, the lowest level since the pandemic began. The...
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