The Senate banking committee on Tuesday approved controversial Federal Reserve nominee Judy Shelton and Christopher Waller for two vacancies on the central bank’s board of governors. Their nominations are now directed to the full Senate for confirmation. President Donald Trump had announced his intention to nominate the couple in July …
Read More »
United States Secretary of Commerce Wilbur Ross testifies about the fiscal year 2021 budget during a hearing of the Senate Appropriations Subcommittee on Trade, Justice, Science, and Related Agencies on Capitol Hill in Washington, DC, on March 5 2020. SAUL LOEB | AFP | fake pictures United States Secretary of …
Read More »
The number of Americans applying for unemployment benefits increased more than expected last week, as the country continues to grapple with the economic impacts of the coronavirus pandemic. Weekly initial jobless claims reached 1.3 million for the week ending July 11, the Labor Department said Thursday. Economists surveyed by Dow …
Read More »
Retail sales in the United States increased more than expected in June, but the budding economic recovery is threatened by a resurgence of new Covid-19 infections and high unemployment. The Commerce Department said Thursday that retail sales increased 7.5% last month. That was above the 18.2% jump in May, which …
Read More »
In this May 4, 2020 photo provided by the University of Maryland School of Medicine, the first patient enrolled in the Pfizer coronavirus vaccine clinical trial of Pfizer at the University of Maryland School of Medicine in Baltimore, he receives an injection. University of Maryland School of Medicine | AP …
Read More »