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US weekly jobless claims hit 1.2 million, fewer filings than economists expected
Weekly unemployment claims remain stubbornly high, even as states continue to reopen from pandemic …
Carmen Reinicke
US weekly jobless claims fall below 1 million for the first time since March
While the number of new unemployment filings remains stubbornly high, the figure slipped below 1 mi…
Carmen Reinicke
Roughly 5.4 million Americans will struggle to pay bills this month without the extra $600 weekly unemployment benefit, survey finds
"Without additional funding, millions of unemployed Americans are at risk of financial insolvency b…
Carmen Reinicke
US weekly jobless claims hit 1.4 million, the first increase since March, as spiking virus cases halt reopening plans
Weekly jobless claims have increased for the first time since March, after 15 straight weeks of dec…
Carmen Reinicke
Slashing extra federal unemployment benefits to $200 per week would lead to a 28% drop in consumer spending, study finds
"Higher replacement rates lead to significantly more consumer spending – even with increases in the…
Carmen Reinicke
US weekly jobless claims hit 1.4 million, post second straight weekly increase
Weekly jobless claims remain elevated, even months into the coronavirus pandemic and as states have…
Carmen Reinicke
Nearly one third of people that have gone back to work after being laid off during the coronavirus pandemic have lost their jobs again, study finds
A new study from Cornell University shows that a second wave of coronavirus pandemic layoffs is hap…
Carmen Reinicke
George Santos was accused of unemployment fraud. The House may vote this week on an unemployment fraud bill that he co-sponsored.
In a wide-ranging indictment, Rep. George Santos was accused of fraudulently receiving more than $2…
Lloyd Lee
US weekly jobless claims hit 1.3 million, slightly exceeding economist forecasts
Although claims remain historically elevated, Thursday's report from the Labor Department marked th…
Carmen Reinicke
US weekly jobless claims hit 1.5 million, higher than economist forecasts
Despite the historically elevated number, Thursday's Labor Department report marked the 12th straig…
Carmen Reinicke
US weekly jobless claims hit 1.3 million, less than economist forecasts
Despite the historically elevated number, Thursday's Labor Department report marked the 14th straig…
Carmen Reinicke
Goldman Sachs cuts its US GDP forecast for 2022 again, saying the Fed's rate hikes are 'in the ballpark' for cooling inflation
The Fed's rate hikes are in the ballpark of what's ultimately needed to cool wage and price pressur…
Zahra Tayeb
'We're done providing free money from the sky': Shark Tank investor Kevin O'Leary says next stimulus should not include any aid to businesses
O'Leary told CNBC the next stimulus should include unemployment insurance but "zero PPP" aid to bus…
Emily Graffeo
US weekly jobless claims hit 881,000, fewer filings than economists expected
The aggregate measure of people receiving unemployment benefits also came in lower than economist f…
Carmen Reinicke
US weekly jobless claims hit 1.4 million, more than economist forecasts
Despite the historically elevated number, Thursday's Labor Department report marked the 13th straig…
Carmen Reinicke
US weekly jobless claims hit 1.5 million, bringing the 13-week total to 46 million
Despite the historically elevated number, Thursday's Labor Department report marked the 11th straig…
Carmen Reinicke
US weekly jobless claims hit 1.5 million, bringing the 12-week total to 44 million
Despite the eye-popping number, Thursday's Labor Department report marked the 10th straight week of…
Carmen Reinicke
Economists forecast that an additional 1.6 million Americans filed for unemployment last week
"The downward trend is obviously good news, but in the context of an economy that is re-opening it …
Carmen Reinicke
Expand the 'Magnificent 7' to include Warren Buffett's Berkshire Hathaway, investment chief says
Buffett's Berkshire would help diversify the group of tech stocks, and it has the cash and investin…
Theron Mohamed
If a recession comes, don't count on unemployment insurance — states aren't ready to give you benefits
The next big recession probably won't feature beefed-up unemployment benefits, and checks could tak…