The numbers: New applications for U.S. unemployment benefits rose in mid-February to a four-week high of 861,000, showing lots of Americans are still losing their jobs nearly a year after the onset of the coronavirus pandemic. Initial jobless claims filed traditionally through the states rose by 13,000 to 861,000 in …
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Buckle up, Wall Street investors! The ride from here could get a lot bumpier after the Dow registered its worst one-day loss since June 11 on Friday, knocking the blue-chip index to its lowest point since May 26, and at least momentarily knocking the wind out of equity investors who …
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Getty Images The coronavirus is killing Americans and devastating the economy. The numbers: Business in the U.S. posted the biggest contraction in March since the end of the Great Recession owing to massive disruptions caused by the coronavirus. A “flash” reading by the forecasting firm IHS Markit showed a small …
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