The unemployment rate is above 20% for the lowest-paid workers, Fed’s…
Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard…
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Economy
Jobless claims surge to highest weekly total since August
First-time claims for unemployment insurance jumped to 965,000 last week amid signs of a slowdown in hiring due to…
Weekly jobless claims little changed despite signs that hiring is slowing
First-time filings for unemployment insurance were little changed over the past week despite other indicators that…
Economy sees job loss in December for the first time in eight months as surging…
Job creation came to a halt in December as restrictions brought on by surging Covid-19 cases hammered…
Mortgage refinance demand spikes 20% as borrowers fear missing out on record-low…
A for sale sign sits outside a house in Miami Beach.Carlos Barria | ReutersAfter setting more than a dozen record…
Mortgage demand from homebuyers pulled back sharply, even as rates ended 2020 near…
An 'Open House' sign is displayed in the front yard of a home for sale in Columbus, Ohio.Ty Wright | Bloomberg |…
Cash in circulation is soaring, and that usually means good things for the economy
A picture illustration shows U.S. 100 dollar bank notes taken in TokyoYuriko Nakao | ReutersThe amount of currency…
Private payrolls post first drop since April as coronavirus spread hits job…
Private payrolls in December contracted for the first time since the early days of the coronavirus pandemic,…
Home prices are rising faster in the middle of the U.S. as Covid drives people…
Homes in Memphis, Tennessee.Getty ImagesHome prices are rising across the nation, but the Covid pandemic is turning…
‘It’s an economic war’— Warren Buffett urges Congress to extend…
Berkshire Hathaway Chairman Warren Buffett urged Congress on Tuesday to extend aid to small businesses as they…