Coronavirus

Jobless claims fall to 751,000, lowest level since March

The number of Americans applying for state unemployment benefits remained persistently high last week, indicating the pace of layoffs is still elevated as a resurgence in coronavirus cases threatens to derail the economy's recovery.

GE's shares soar as earnings recover from pandemic lows

General Electric Co. on Wednesday unexpectedly reported a quarterly profit and a positive cash flow on the back of cost cuts and improvements in its power and renewable energy businesses, sending its shares 10% higher.

CarMax hiring for over 3,500 positions nationwide

CarMax is actively rehiring for more than 3,500 permanent positions nationwide after being forced to shed a chunk of its workforce earlier this year as a result of the coronavirus pandemic.