US joblessness spikes as virus takes toll on businesses
U.S. stocks surged on Thursday as traders celebrated the likelihood of the stimulus bill passing
US emerges as virus hotspot as infections, unemployment soar
Powell said the first order of business is to get the spread of COVID-19 under control.
US stimulus plan: what's in the deal
U.S. unemployment claims reached the highest level in history last week to more than 3.28 million claims due to the impact of the coronavirus.
Wall Street's first back-to-back rally since February ends Thursday with futures heralding another selloff on account of historic unemployment claims that will exceed one million.
Massive risks to world economy as virus battle rages
US joblessness set to spike as virus takes toll on businesses
Some experts are warning of catastrophic damage to the U.S. economy
U.S. stocks dropped on Monday as lawmakers failed to pass virus relief bill
Trump raised the notion just three days after advising Americans to stay home from work
U.S. stocks fell on Monday despite new market intervention by the Fed
Echoes of Great Depression as jobless Australians queue for help
Several major companies from the grocery, e-commerce, and foodservice industries, among others, are looking to bolster their staff in response to the ongoing global pandemic.
US airlines warn of 'draconian' steps if Congress fails to help
This represents a three-fold jump in just one week.
Britain’s Chancellor of the Exchequer Rishi Sunak is preparing an employment and wage subsidy package
Oil extends gains but stays below $30
Initial unemployment claims rose by 70,000 last week, but that was before health officials started advising the public to stay home.
Fears of US unemployment spike as government prepares rescue
U.S. stocks plummeted on Wednesday while oil prices plunged.