WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve will keep pursuing its low-interest rate policies until an economic recovery is well underway, acknowledging that the economy has faltered in recent months.
SACRAMENTO, Calif. (AP) — Millions of people might have to repay some or all of the jobless benefits they got during the coronavirus pandemic because California's unemployment agency stopped enforcing some eligibility rules so it could process claims quicker, according to an audit released Tuesday.
RALEIGH, N.C. (AP) — North Carolina has overpaid tens of millions of dollars in jobless benefits since the COVID-19 pandemic to people who don’t actually qualify for them or who have committed fraud, the state’s unemployment program director told legislators on Tuesday.
DOVER, Del. (AP) — Making mail-in voting permanent, mandating higher use of renewable energy and more than doubling education funding for disadvantaged students are among Democratic Gov. John Carney's plans for Delaware.
ALBANY, N.Y. (AP) — New York's Democratic-led Assembly plans to pass legislation Tuesday to help workers and small businesses financially survive the coronavirus pandemic.
WASHINGTON (AP) — President Joe Biden appeared to boost his goal for coronavirus vaccinations in his first 100 days in office, suggesting the nation could soon be injecting 1.5 million shots on an average per day.
LOS ANGELES (AP) — California paid $11 billion in bogus jobless claims last year, investigating possible fraud involving $20 billion more.
WASHINGTON (AP) — President Joe Biden on Monday appeared to boost his goal for coronavirus vaccinations in his first 100 days in office, suggesting the nation could soon be injecting 1.5 million shots on an average per day.
BALTIMORE (AP) — President Joe Biden plans to sign on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.
WASHINGTON (AP) — President Joe Biden has inherited a badly damaged economy pulverized by the pandemic, with 10 million fewer jobs than a year ago and as many as one in 6 small businesses shut down.
ATLANTA (AP) — Georgia's job market flashed mixed signals in December, with employers adding more people to payrolls and the unemployment rate ticking down even as the labor force shrank.
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell slightly last week to 900,000, still a historically high level that points to ongoing job cuts in a raging pandemic.
WASHINGTON (AP) — US jobless claims dip to 900,000 as layoffs remain high with economy in grip of virus.
WASHINGTON (AP) — In his final remarks as president, Donald Trump tried to take credit for accomplishments of his predecessor and even those to come under President Joe Biden.
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
On his way out, President Donald Trump claimed credit for things he didn't do and twisted his record on jobs, taxes, the pandemic and much more. Falsehoods suffused his farewell remarks to the country.
BALTIMORE (AP) — When Joe Biden entered the White House as vice president, the economy was cratering. Job losses were mounting. Stocks were crashing. Millions of Americans were in the early stages of losing their homes to foreclosure as the housing bubble burst.
NEW YORK (AP) — Wall Street closed out its first losing week in three with another drop on Friday after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline.
Here’s what’s happening Thursday with the coronavirus pandemic in the U.S.:
ATLANTA (AP) — Here is the text of Georgia Gov. Brian Kemp's State of the State address as prepared Thursday:
WASHINGTON (AP) — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs.
WASHINGTON (AP) — US jobless claims jump to 965,000 as layoffs remain high with economy in grip of virus.
COLUMBIA, S.C. (AP) — Here is the text of South Carolina Gov. Henry McMaster's State of the State address as prepared Wednesday:
MADISON, Wis. (AP) — Republicans balked Wednesday at Gov. Tony Evers' call for a special legislative session next week to pass his plan for upgrading the state's unemployment benefits system in the face of a massive backlog of pandemic-induced claims.
President-elect Joe Biden’s nominee to lead the Commerce Department said Wednesday if confirmed she will take much of what she has learned improving her home state of Rhode Island’s economy and apply it at the federal level.