Category: Finance news

Unemployment is falling. Long-term unemployment is ballooning

Jobs report shows labor market stronger than expected, as economy faces new surge in Covid cases

Job growth stronger than expected in October, unemployment rate slides to 6.9%

There are ‘pretty high’ risks of the U.S. economy backtracking, Moody’s economist warns

All-star investor Rich Bernstein sees ‘a very bearish sign for the economy and corporate profits’

Job growth expected to have slowed in October, as rehirings drop off, layoffs increase

Fed holds interest rates steady near zero, says economy is still well below pre-pandemic levels

Jobless claims edge lower but are still well above pre-pandemic levels

As hopes fade for a major stimulus, here’s what it means for the fragile economy

A Biden presidency could ‘soothe the markets’ nerves,’ says Asian bank CEO