Stimulus has been 'outsized' in US vs. rest of world: Market expert
Federated Hermes senior equity strategist Linda Duessel warns that the U.S. is overspending on stimulus.
July jobs report expected to show 'strong' payroll gains despite labor shortage
The U.S. economy likely saw another month of strong job gains in July as the labor market gradually heals from the coronavirus pandemic — even as businesses struggle to fill open positions and the rapid spread of the highly contagious delta variant threatens to slow the recovery.
Here's why seafood prices are soaring this summer
After experiencing broad declines last year amidst the COVID-19 pandemic, the fishing and seafood sectors are still floundering due to the effects of supply chain issues, worker shortages and renewed consumer demand.
Geltrude on 'very strong message' from remote workers willing to take pay cut
Geltrude & Company founder Dan Geltrude on Americans willing to take a pay cut to work remotely full time.
S&P 500, Nasdaq hit record ahead of jobs report
U.S. stock indexes rose Thursday as investors balanced the latest jobs data and mixed corporate earnings.
Jobless claims dip ahead of benefit expiration
The number of Americans filing for unemployment benefits fell last week as the expiration of supplemental benefits drew nearer.
Ben Carson slams eviction moratorium being used for ‘political purposes’
Former Secretary of Housing and Urban Development Dr. Ben Carson criticizes the federal eviction moratorium for its negative impact on the economy.
Landlords file lawsuit against Biden admin to overturn eviction moratorium
Former Secretary of Housing and Urban Development Dr. Ben Carson reacts to a lawsuit seeking to end the federal eviction moratorium.
Bond market shows there's already been peak growth: Portfolio manager
Villere and Company portfolio manager Sandy Villere on the state of the economy impacting how to best allocate capital.
Most Americans would take a pay cut over going back to the office, survey finds
Americans like working from home so much that over half of those who participated in a new nationwide poll said they would be willing to take a pay cut to continue doing so.
Top Republican eyes 3 key jobs report indicators that will reveal strength of US economy
The July jobs report will give lawmakers a read on the strength of the U.S. economy as COVID-19 cases climb and multitrillion spending plans make their way through Congress, and at least one influential member of the GOP is concerned about the recovery.
US hotel industry slowly rebounding amid summer travel surge
With the U.S. travel industry on the rebound amidst the COVID-19 pandemic, customers are slowly returning to hotels.
Laffer 'terribly concerned' Biden policies a 'huge hindrance' to economic growth
Former Reagan economist Art Laffer argued on Wednesday that the Biden administration's economic policies are creating a 'huge hindrance' to U.S. growth post-pandemic.
Market under pressure after jobs data miss, Fed concerns
Phil Blancato, Gary Kaltbaum and Greg Branch react to stocks sliding amid a huge miss in the ADP jobs report and growing inflation concerns.
The Barstool Fund is here to stay, looking for a philanthropic leader
Dave Portnoy, founder of media company Barstool Sports, on Wednesday said his charity fund for small businesses that began during COVID-19 is here to stay.
Growth in US services sector hits record high in July
Growth in the U.S. services sector, where most Americans work, increased to a record pace in July even as businesses continued to face challenges in hiring workers.
North Dakota gov. on state's first Chase Bank: Companies are recognizing ‘booming’ economy
North Dakota Gov. Doug Burgum on welcoming its first JPMorgan Chase bank branch and what's fueling the state's economy.
North Dakota gov. on first Chase Bank in Fargo
North Dakota Gov. Doug Burgum discusses JPMorgan Chase CEO Jamie Dimon opening the bank's first branch in Fargo and expanding the state's economy.
Private sector hiring slows sharply in July
U.S. private-sector job growth slowed sharply in July amid an uptick in new COVID-19 infections.
Dimon on Warren exchange, overdraft fees
JPMorgan Chase CEO Jamie Dimon, while discussing the testy exchange with Sen. Elizabeth Warren during a Senate Banking Committee hearing, argued that there's a huge benefit to overdraft fees.