Money & The Economy

New Unemployment Claims Increase To 742,000, Missing Expectations

The number of Americans filing new unemployment claims increased to 742,000 last week as the economy continued to suffer the…

6 years ago

Labor Arbitrator Orders NYC Hotels To Pay $500 Million To Employees Affected By Pandemic

New York City hotel owners were ordered to pay employees affected by the coronavirus pandemic more than $500 million in…

6 years ago

US, Global Markets Surge Following Latest Vaccine News

U.S. and global markets surged Monday morning after American pharmaceutical company Moderna reported positive results from its large-scale coronavirus vaccine trials.…

6 years ago

Biden Is Wrong: A $15 Minimum Wage Would Hurt Far More People Than It Would Help

Presidential nominee Joe Biden wants to raise the minimum wage to $15 per hour. Biden says that all workers should be able to earn…

6 years ago

New Unemployment Claims Fall To 709,000, Beating Expectations

The number of Americans filing new unemployment claims decreased to 709,000 last week as the economy continued to suffer the…

6 years ago

Department of Defense Announces Cost of Living Increase to Retired Pay

Today, the Department of Defense announced annual cost of living adjustments that will benefit military retirees and survivors during calendar…

6 years ago

Stocks Skyrocket Amid Potential COVID-19 Vaccine News

U.S. stocks have skyrocketed as pharmaceutical company Pfizer announced that its potential coronavirus vaccine was 90% effective Monday. The Dow…

6 years ago

September jobs numbers point to a flattening V-shaped recovery

According to the US Labor Department, the economy added another 638,000 jobs in October. While this number is less than prior…

6 years ago

US Economy Added 638,000 Jobs In October, More Than Expected

The U.S. economy added 638,000 jobs in October, while unemployment fell to 6.9%, according to Department of Labor data released…

6 years ago

California Voters Side With Uber, Lyft Over Unions In Ballot Initiative

Californians voted in favor of Proposition 22, a ballot initiative that exempts app-based drivers from a state law, which classified…

6 years ago