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Two top Federal Reserve officials retire in wake of trading disclosures
In a rare moment of ethical controversy for the Federal Reserve, two top officials resigned Monday in the wake of revelations about their financial trading that exposed potential shortcomings in...
U.S. unemployment claims rise after hitting pandemic low
The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that worsening COVID infections may have slightly increased layoffs.
U.S. jobless claims reach a pandemic low as economy recovers
The number of Americans seeking unemployment benefits fell last week to 310,000, a pandemic low and a sign that the surge in COVID-19 cases caused by the delta variant has...
U.S. hiring slows as delta variant weakens travel and tourism
WASHINGTON -- America's employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring and the clearest sign to date that the delta variant's...
U.S. hiring slows to just 235,000 jobs after 2 strong months
WASHINGTON -- America鈥檚 employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring at a time when the delta variant抖阴ap spread has discouraged...
U.S. jobless claims near pandemic low as economy strengthens
The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill...
U.S. jobless claims rise to 419,000 from a pandemic low
The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of...
Powell says inflation, though elevated, will likely moderate
Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months" before “moderating."
U.S. consumer prices surge in June by the most since 2008
Prices for U.S. consumers jumped in June by the most in 13 years, extending a run of higher inflation and fueling concerns that the rapidly rebounding economy is making goods...
U.S. jobless claims tick down to 411,000 as economy heals
The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving.