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News about Economy:

                      by Thomas Catenacci  The number of Americans filing new unemployment claims increased to 412,000 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 an increase in the number of...
                        Live from Music Row Thursday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. –  host Leahy welcomed Samantha Fillmore who is the state government relations manager...
    President Joe Biden's approval rating has dipped in recent weeks amid stalled negotiations and doubt about his ability to enact massive spending plans. But the dip is far less pronounced than the drop in support for Congress's performance, according to a new poll by Monmouth University. The number of voters who approve of the president's...
    BOSTON (CBS) — Ready to get back to flying again? If you’re headed to Logan Airport, here’s some advice. “If you don’t get here early, you might have a hard time,” said Chris Lacasse, who drove in from Dover, New Hampshire Thursday to catch a business flight. READ MORE: Intermittent Fasting May Not Be...
    House Speaker Nancy Pelosi tapped progressive firebrand Rep. Alexandria Ocasio-Cortez for a new House committee she formed to address wealth inequality in America.  Pelosi, D-Calif., on Thursday praised the New York Democrat's commitment to "addressing generational disparities" and "increasing worker power" in naming her to the new Select Committee on Economic Disparity and Fairness in...
    (CBS DFW) — The last three stimulus checks have helped Americans stay afloat since the pandemic’s start. While the economy seems to be on the path to recovery, the financial situations of many people haven’t improved. Unemployment still exceeds pre-pandemic levels, and millions of jobs have not returned. Meanwhile, the federal eviction moratorium ends in...
    For two years, John White has been trying to get a permanent job at the company where he's a contractor, but his applications to open positions there have been rejected five times. Company policy forbade contractors from working remotely during the pandemic, so even while his colleagues worked from home, White has been commuting to...
    Pope Francis is championing the right of all workers to unionize, as economic activity is poised to increase when the pandemic threat eases. The pontiff stressed the needs of the most vulnerable workers, including migrants, in a video message Thursday to participants at a conference organized by the International Labor Organization, a United Nations agency...
    WASHINGTON - More jobless U.S. workers sought benefits last week, ending a string of six straight weeks of a falling number of claims, the Labor Department reported Thursday. The world’s biggest economy is on a path toward recovery from the coronavirus pandemic, but 412,000 newly laid-off workers filed for unemployment compensation last week, up...
    Unemployment claims in California jumped last week, a disquieting signal that the statewide job market continues to wobble despite attempts to reopen the economy in the wake of coronavirus-linked shutdowns. California workers filed 68,600 initial claims for unemployment benefits during the week that ended on June 12, an increase of 15,700 from the 52,900 claims...
    New claims for unemployment benefits unexpectedly climbed last week, the first stumble since April. The Labor Department said Thursday that jobless claims rose 37,000 from the week before to a seasonally adjusted 412,000. The number of jobless claims generally reflects the pace of layoffs. The unadjusted number of initial claims under state programs totaled 402,352...
    The number of Americans filing new unemployment claims increased to 412,000 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 an increase in the number of new jobless claims compared to the week ending June 5, when 375,000...
    The number of Americans filing for first-time jobless benefits increased last week for the first time in two months, even as numbers remained near a pandemic low. About 412,000 people filed for regular unemployment benefits in the week ended June 12, the U.S. Labor Department said Thursday. That's a jump of 37,000 from the previous...
      Wednesday on FNC’s “Hannity,” former President Donald Trump discussed his political future and what he will be focused on in the interim as the 2024 presidential cycle approaches. Trump maintained he was working to help Republicans get elected in the 2022 midterm cycle and then would make a decision on 2024. He also said...
    The IRS has issued almost 167 million payments in the third round of direct stimulus aid, with another 1.8 million people last week receiving the $1,400 checks. But some lawmakers are pushing for a fourth round of stimulus aid that would effectively send recurring payments until the pandemic ends. So far, the federal response to...
    House Speaker Nancy Pelosi has appointed Rep. Alexandria Ocasio-Cortez to a newly created committee targeting economic disparity, in an apparent olive branch following tensions between the caucus leader and the 'Squad' of progressive Democrats. Pelosi unveiled the new Select Committee on Economic Disparity and Fairness in Growth at a press conference in DC on Wednesday, saying...
    OAKLAND, Calif. -- Owning a home was a dream come true for Richard Cruz, but not for the usual reasons.After spending 30 years in prison for a crime he committed as a 16-year-old, Cruz was released in 2018 and was among the first participants in the Homecoming Project, a reentry program that eases the transition...
    Chinese flag waving in front of Shanghai cityscape.Eternity in an Instant | Stone | Getty Images China's policymakers are "overly aggressive" in containing debt levels, a leading Chinese economist told CNBC, while acknowledging that the economy has not completely recovered from the pandemic. China, where the coronavirus was first detected, was the only major economy...
    Appearing Wednesday on the Fox News Channel, Sen. Tom Cotton (R-AR) explained why President Joe Biden’s Geneva, Switzerland, summit with Russian President Vladimir Putin was “bad for America.” A transcript is as follows: SANDRA SMITH: To the last point that the president made, “the world has reached a fundamental inflection point in recent years.” At...
    The Federal Reserve indicated Wednesday it may raise interest rates sooner than previously anticipated as the United States comes out of the coronavirus pandemic. But Federal Reserve Chairman Jerome Powell played down expectations, claiming discussion of the change at the Federal Reserve is highly premature. The central bank forecasts it would raise interest rates twice...
    More On: federal reserve Fed weighs cutting stimulus amid recovery, inflation concerns How SEC boss should deal with ‘meme’ stock schemes Cryptocurrency crackdown is coming, Fed official says Toomey reportedly calls out Fed banks for backing ‘social causes’ Federal Reserve officials on Wednesday held interest rates near zero but signaled two interest rate hikes by...
    In this article @S.1 @C.1 @HG.1 VIDEO3:1803:18Trading Nation: How to trade commodities ahead of Fed meetingTrading NationIs it time to buy into commodities? Though prices of copper, corn, soybeans and lumber have slumped in the past week, the trade could have legs longer term as the economic reopening kicks into high gear, Miller Tabak's...
    (CBS DFW) — Three stimulus checks have helped Americans stay afloat the last 15 months. But many people’s financial situations haven’t improved, despite the ongoing economic recovery. Unemployment is still well above pre-pandemic levels, and millions of jobs have not returned. Can we count on a fourth stimulus check for more support? That question hasn’t...
    Volunteers work to clean up what has become known as "Plastic Beach" in Caserta, Italy. Vincenzo Izzo/LightRocket/Getty Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.This story was originally published by Yale E360 and is reproduced here as part of the Climate...
    The White Tower at Potala Palace Square. Lhasa, Tibet, China, seen on September 19, 2020. Tibet drew in 35 million visitors last year. Costfoto/Barcroft Media via Getty Images China hopes to bolster Tibet's economy by converting rural villages into hotels and homestays, AFP reported. Millions of tourists flocked into Tibet last year, most...
    Europeans dream of it, will Americans do it? While the EU has been trying for years to limit the Kafa monopoly and bring out champions on its own continent, part of the salvation may come from the other side of the Atlantic. On Friday, June 11, several bills launched by the bipartisan coalition were released....
    Despite Tuesday’s massive reopening of the California economy and the loosening of COVID-19 rules that have been in place for more than a year, many people continued to wear masks in public, saying they felt it was better to be safe than sorry. At Charlie’s Best Burgers in East Los Angeles, patrons and the staff...
    Chairman of the Federal Reserve Jerome Powell testifies during the Senate's Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress on September 24, 2020, in Washington, DC.Drew Angerer | AFP | Getty Images The Federal Reserve will stay on course with its easy monetary policies for at least...