Tag: labor department

Stock Market Sell-Off: Dow Plunges 500 Points, S&P 500 Falls Nearly 3%

Big tech stocks dragged the market sharply lower.

Stocks Open Flat Despite Better-Than-Expected Jobless Claims

TOPLINE The market had a mixed open on Thursday, as stocks got a boost from lower-than-expected jobless claims but investors also watched for updates...

Small Business Access To Credit Improves, But Fed Cautions Full Recovery May Not Be Until 2022

The approval percentage for non-CARES Act Payroll Protection Program (PPP) small business loan applications at big banks ($10 billion+ in assets) rebounded to 11.5%...

These 10 States Have The Highest Record Unemployment Rates

TOPLINE With the coronavirus pandemic resulting in widespread business shutdown that have wreaked havoc on the U.S. economy, unemployment rose to record highs in...

Stocks Turn Positive, Despite Record Drop In Retail Sales And Increasing Tensions With China

TOPLINE The stock market opened lower on Friday, before rallying and finishing the day positive despite taking a hit from more bad economic data...

Stocks Fall, Dow Loses 200 Points After Retail Sales Plunge Record 16.4%

TOPLINE The stock market opened lower on Friday, taking a hit from more bad economic data and rising trade tensions between the United States...

Stocks Rally, Dow Rises Over 400 Points Despite Record Job Losses

TOPLINE The stock market finished nearly 2% higher on Friday, despite one of the worst monthly jobs reports in history, as investors continued to...

Stocks Finish Negative After Oil Gives Up Gains

TOPLINE The stock market finished slightly lower on Wednesday after a dismal report on U.S. payrolls showed 20 million job losses in April and...

Reopening States Before June Would Save Millions Of Jobs But Result In Hundreds Of Thousands More Coronavirus Deaths: Report

TOPLINE As some states begin to relax lockdown orders and allow businesses to reopen, a new report from the Penn Wharton Budget Model (PWBM)...

Another 4.4 Million Americans Filed For Unemployment, But The Worst May Be Over, Experts Say

TOPLINE Tens of millions of Americans have filed for unemployment in recent weeks and although the data is sobering, jobless claims have declined from...

How Bad Will Unemployment Get? Here’s What The Experts Predict

It is difficult to properly gauge the magnitude of the decline at present, but most estimates ... suggest...

Coronavirus Is Already Slamming The Jobs Market. How High Could Unemployment Go?

It is difficult to properly gauge the magnitude of the decline at present, but most estimates ... suggest...

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