VCG / Getty Global stocks plummeted on Thursday when China released mixed data showing some growth, but its retail sales failed to climb into positive territory. China’s Shanghai Benchmark Composite Index fell 4.5%, while Hong Kong’s Hang Seng Index fell 2.1%. European markets fell before a European Central Bank meeting …
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WASHINGTON (Reuters) – US retail sales rose more than expected in June, but a resurgence in new COVID-19 cases is hurting the fledgling recovery, keeping 32 million Americans with profits from unemployment. FILE PHOTO: People line up outside the Kentucky Career Center before it opens to find help with their …
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The numbers: Initial jobless claims fell slightly in the second week of July to a post-pandemic low of 1.30 million, but the decline reluctantly points to continued stress on the economy as the United States struggles to cope with the latest outbreak of coronavirus. New claims for unemployment benefits, a …
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Other 1.3 million According to the Labor Department, people filed unemployment claims for the first time on a seasonally-adjusted basis for the week ending July 11. That’s 10,000 below the revised level of the previous week. On an unadjusted basis, over 1.5 Millions of people filed claims the first time, …
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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 …
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