The next, and possibly final, massive federal stimulus bill may send another $1,200 check to most Americans and give cash-strapped states like Connecticut more money – although that infusion likely won’t be as much as MORE
President Donald Trump came to the White House briefing room Thursday morning to tout new employment numbers showing that 4.8 million jobs were added in June, calling it “spectacular news.” “Today’s announcement proves that our MORE
***The job’s report came out before larger states started “reversing course and imposing restrictions again.” These are not new jobs as in ‘job creation.’ The numbers reflect people who have returned to their job. The MORE
Weekly jobless claims totaled 1.48 million last week, worse than the 1.35 million Wall Street estimate. Continuing claims fell by 767,000 to 19.52 million. California accounted for the biggest surge as claims remained above 1 MORE
Mortgage Meltdown 2.0 CNBC: As the United States continues to face record unemployment due to the coronavirus pandemic, 30% of Americans missed their housing payments in June, according to a survey by Apartment List, an online MORE
First-time claims for unemployment insurance totaled 1.5 million last week, well above the 1.3 million expected. Workers receiving benefits under all programs including pandemic assistance totaled 29.1 million, a decrease of more than 375,000. This MORE
File this ‘awesome’ news under the category, #WINNING: Stocks fell sharply on Thursday as coronavirus cases increased in some states that are reopening up from lockdowns. Shares that have surged recently on hopes for a smooth reopening MORE
Granted, the number of initial unemployment claims continue to decrease each week, but we have over 44 million Americans unemployed. Another 1.5 million Americans filed for first-time unemployment benefits last week on a seasonally adjusted MORE
“The Business Cycle Dating Committee of the National Bureau of Economic Research maintains a chronology of the peaks and troughs of U.S. business cycles. The committee has determined that a peak in monthly economic activity MORE
On Friday the Bureau of Labor Statistics reported 2.5 million jobs were added in May, following by a rousing stock market, and a gloating President. Unfortunately, after delving into the footnotes of the numbers, it MORE
Dow Futures were up 650 points on a jobs report that came in much better than anyone expected, at 13.3% for the month of May. The estimates were much higher, at 19.5%, and economists had 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
First-time jobless claims totaled 2.1 million last week, slightly ahead of the 2.05 million Wall Street estimate. Continuing claims plunged by nearly 4 million to just over 21 million, probably a clearer representation of the MORE
The trading floor of the New York Stock Exchange Tuesday for the first time in two months, but its controlled chaos will be more subdued. The floor, known worldwide for the anarchic atmosphere of traders MORE
“At a time in our nation’s history when we need a very strong labor department and a very strong OSHA inside the labor department, it’s basically dead,” says Robert Reich. He would know about the MORE