economy

A hiring sign shows outside of Gray M. Sanborn Elementary School in Palatine, Ill., Thursday, Nov. 5, 2020. (AP Photo/Nam Y. Huh)
(AP Photo/Nam Y. Huh)
WRVA News
December 23, 2020 - 1:54 pm

803,000 Seek Jobless Aid

The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000.
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In this Saturday, Dec. 19, 2020 file photo, people walk past the window display of a store in Skokie, Ill. (AP Photo/Nam Y. Huh)
(AP Photo/Nam Y. Huh)
AP News
December 22, 2020 - 1:11 pm

During Crucial Holiday Season, US Consumer Confidence Slumps

During crucial holiday season, US consumer confidence slumps
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Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020.
(Greg Nash/Pool via AP)
AP News
December 16, 2020 - 2:12 pm

No Big Fed Changes

Fed keeps rate near zero; sees brighter economy in 2021
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In this Saturday, Nov. 28, 2020, file photo, customers browse while shopping for books at the Strand Bookstore, an independent family owned bookstore founded in 1927 in New York. (AP Photo/Mary Altaffer)
(AP Photo/Mary Altaffer)
AP News
December 02, 2020 - 4:52 pm

Fed Reports Slowing US Economic Activity

Fed reports slowing US economic activity due to virus surge
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President-elect Joe Biden speaks as Vice President-elect Kamala Harris listens at left, during an event to introduce their nominees to economic policy posts at The Queen theater, Tuesday, Dec. 1, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)
(AP Photo/Andrew Harnik)
AP News
December 01, 2020 - 3:10 pm

Biden Unveils Economic Team

Biden unveils economic team declaring, 'Help is on the way'
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A sales associate helps customers as they consider the purchase of a big-screen television at a Costco warehouse on Wednesday, Nov. 18, 2020, in Sheridan, Colo. (AP Photo/David Zalubowski)
(AP Photo/David Zalubowski)
AP News
November 25, 2020 - 1:28 pm

Consumer Spending up a Slight 0.5%

U.S. consumers increased their spending by a sluggish 0.5% last month.
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Envelopes from the Florida Department of Economic Opportunity Reemployment Assistance Program are shown, Thursday, Nov. 5, 2020, in Surfside, Fla. (AP Photo/Wilfredo Lee)
(AP Photo/Wilfredo Lee)
AP News
November 25, 2020 - 1:09 pm

US Jobless Claims up for 2nd Straight Week

The number of Americans applying for unemployment benefits rose last week for a second straight week.
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President-elect Joe Biden speaks during a briefing on the economy at The Queen theater, Monday, Nov. 16, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)
(AP Photo/Andrew Harnik)
WRVA News
November 16, 2020 - 2:20 pm

Biden Vows to Strengthen Economy

By STEVE PEOPLES Associated Press WILMINGTON, Del. (AP) — Acknowledging that the nation is in a “dark” place, President-elect Joe Biden on Monday said his administration would strengthen the country's vulnerable economy despite the exploding pandemic as he pushed forward with the business of...
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A sign is seen outside of IDES (Illinois Department of Employment Security) WorkNet center in Arlington Heights, Ill., Thursday, Nov. 5, 2020. Illinois reports biggest spike in unemployment claims of all states. (AP Photo/Nam Y. Huh)
(AP Photo/Nam Y. Huh)
AP News
November 12, 2020 - 10:36 am

709,000 Seek US Jobless Aid

The number of people seeking U.S. unemployment benefits fell last week to 709,000.
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FILE - In this Sept. 2, 2020 file photo, a customer wears a face mask as they carry their order past a now hiring sign at an eatery in Richardson, Texas. (AP Photo/LM Otero, File)
(AP Photo/LM Otero, File)
AP News
November 06, 2020 - 10:41 am

Unemployment Drops To 6.9%

The U.S. job market showed a burst of strength in October.
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