Soaring metals prices signal bets on global economic recovery
Industrial metals are the building blocks of construction, key to making everything from houses to electric cars. Their prices are particularly sensitive to manufacturing activity in China because the country accounts for roughly half of global demand for copper and other materials.
Economists confident US economy will return to pre-pandemic levels by second-half of 2021
The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.
November jobs report proves more coronavirus relief is needed, Dem leaders argue
Democratic leaders pointed to the lackluster November jobs report on Friday as the latest evidence that another substantial coronavirus relief package is needed for American families and workers still hurting from the pandemic.
Pelosi says coronavirus relief could be attached to government spending bill
House Speaker Nancy Pelosi said Friday that new coronavirus relief measures could be attached to the omnibus spending bill that Congress needs to pass by next week in order to avoid a government shutdown.
Where are all of the jobs? These sectors hired the most in November
Employment growth slowed sharply in November, with the economy adding just 245,000 jobs amid a resurgence in coronavirus cases and fresh government-mandated lockdown measures.
London's financial future at stake over Brexit
Brexit trade negotiations are down to the wire this week. Even if the U.K. and European Union strike an accord, it won’t cover Britain’s most valuable industry, and one coveted by the EU: finance.
US job growth slows in November as coronavirus surge threatens economic recovery
The Labor Department's monthly payroll report shows how the nation's job market is recovering from the coronavirus pandemic.
Biden endorses $908B coronavirus relief plan from bipartisan group of senators
President-elect Joe Biden endorsed a $908 billion coronavirus relief proposal from a group of bipartisan senators, saying it "wouldn't be the answer" but would provide immediate help to American workers and businesses reeling from the pandemic.
Stock futures point to gains ahead of monthly jobs report
Economists estimate that employers added 469,000 jobs in November
Jobs report will show how much pandemic is squeezing hiring
Economists estimated that employers added 469,000 jobs in November
Biden indicates he supports raising tax rates to Bush-era highs
President-elect Joe Biden suggested this week that he supports returning individual and corporate tax rates to Bush-era highs even though his economic agenda likely hinges on the outcome of two Georgia runoff elections in January.
Another 712,000 Americans filed for unemployment benefits last week
The number of Americans applying for state unemployment benefits remained elevated last week, as a surge in coronavirus cases and colder weather continue to threaten the labor market's recovery from the pandemic.
Pelosi, Schumer endorse $908B coronavirus relief deal as basis for negotiations
House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer embraced a bipartisan $908 billion coronavirus relief deal as the starting point for negotiations with Republicans.
November bankruptcies hit 14-year low with steep drop in personal filings
November bankruptcy filings in the U.S. hit a 14-year low, driven by a decline in individuals filing for protection from creditors as they continue to enjoy the benefits of eviction moratoriums and other government assistance stemming from the coronavirus pandemic.
Stock futures trade cautiously ahead of jobless claims report
The S&P 500 index hit an all-time high Wednesday for a second straight record close
Fed's Beige Book: Coronavirus uptick hits regional economic activity
Lockdowns are hitting regional economies.
Yellen, Mnuchin have spoken as part of White House transition process
Treasury Secretary Steven Mnuchin said Wednesday that he has spoken with Janet Yellen, President-elect Joe Biden's pick to lead the department next year, as part of the White House transition process.
Refrigerators, ovens get a hygiene makeover during COVID-19 pandemic
Household appliances are breaking down faster than before with increased use as people shelter at home, and existing malfunctions have now become more intolerable. As travel remains limited because of the pandemic, wealthier consumers flush with cash are choosing to upgrade household products or splurge on new purchases.
SBA releases detailed information on more small business borrowers under pandemic relief effort
Judge ordered release of detailed PPP data in response to lawsuit by news organizations under Freedom of Information Act
Private-sector job growth slows in November amid coronavirus surge, ADP says
The ADP National Employment Report revealed how many jobs private U.S. employers added in November amid a surge in COVID-19 cases.


















