Gross domestic product from April to June plunged 32.9%, according to the Commerce Department’s first reading on the data released Thursday. Economists surveyed by Dow Jones had been looking for a drop of 34.7%. Still, MORE
Weekly jobless claims totaled 1.877 million last week vs. the Dow Jones estimate of 1.775 million. Continuing claims rose sharply, hitting nearly 21.5 million in a sign that workers are being called back to work MORE
The torrent of Americans filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday. That brings to 10 million the total Americans who filed MORE