Jobs

To date, more than 70 percent of non-profits say they have already seen a decline in contributions, and half said they expect to see their revenue decline by more than 20 percent over the next year.

Stocks plunged Thursday morning on the Fed's dour forecast and a resurgence of COVID-19 cases in some states.

Economists surveyed by Refinitiv expected 1.55 million Americans to file for unemployment.

Traders will also have the latest jobless figures to dissect

The Great American Comeback is now underway. 

New applications for state unemployment benefits likely totaled a seasonally adjusted 1.55 million

Most American employees want to continue working from home in some form, according to a recent survey.

Allentown, which largely fended for itself amid sharply falling tax revenue, is yearning for help from the federal government as the third-largest city in Pennsylvania with a population of over 120,000 can barely plug a multimillion-dollar budget hole left by the coronavirus pandemic.

Lufthansa admitted on Wednesday that the positions of up to 26,000 employees are surplus to requirements, suggesting many more jobs will be cut at the German carrier than a figure of more than 10,000 flagged a few weeks ago.

Investors bid the Nasdaq past the 10,000 level while exiting the Dow and S&P.