Economy
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The Fed could disappoint markets Wednesday, even if it keeps a super dovish tone
The Fed may see a brighter long-term outlook when it releases its economic forecasts Wednesday due to vaccine developments, but…
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Rising unemployment claims could be foreboding for the economy
The surprise jump in new jobless claims filings to the highest level since mid-September signals a weakening in the labor…
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Jobless claims rise more than expected after break from holiday
The pace of weekly jobless claims jumped last week after filings caught up with a decline due in part to…
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Mortgage rates set 14th record low of the year, driving even more refinance demand
A for sale sign is posted in front of a home as interest rates for home loans climbed to nearly…
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Economic growth will be better than expected thanks to the resilient services sector, Goldman says
Teresa Nguyen, a respiratory therapist, goes over a patient’s charts inside a room for people with the coronavirus disease (COVID-19)…
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Biden says ‘dire’ jobs report shows stalling economy, calls on Trump and Congress to act on stimulus
U.S. President-elect Joe Biden speaks during an event to name his economic team at the Queen Theater December 1, 2020…
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Jobs report shows weakening trend heading into holidays, increasing the case for stimulus
Food Bank for New York City distributes turkeys and Thanksgiving fixings with support from Stop & Shop and WBLS’ The…
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Employment growth slows sharply in November amid coronavirus surge
Nonfarm payrolls increased by just 245,000 in November, well below Wall Street estimates as rising coronavirus cases coincided with a…
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The pace of job gains likely slowed in November due to the impact of virus shutdowns
Job gains in November are expected to be weaker than in October, reflecting the impact of virus-related shutdowns by states…
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Jobless claims hit pandemic-era low as hiring continues even with rising Covid cases
New jobless-claim filings last week reached their lowest level of the pandemic crisis, providing a sign that hiring is continuing…
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