Wall Street rose on Wednesday on hopes the coronavirus outbreak in the United States was close to its peak, with health insurers boosted by Democratic presidential candidate Bernie Sanders suspending his campaign.
The number of Americans filing claims for unemployment benefits last week shot to a record high — topping 6 million — amid spreading coronavirus lockdowns.
President Donald Trump suggested he could soon end coronavirus-related restrictions if he determines they are donig more harm than good.
Wall Street clawed back some losses on Friday after its biggest one-day decline in three decades, as investors set their hopes on more global fiscal stimulus to stem a coronavirus-driven global recession.
New York Democratic Rep. Alexandria Ocasio-Cortez, an avowed socialist who often touts herself as an economics major in college, confused diametrically opposed influential 20th century economists Milton Friedman and John Maynard Keynes by referring to a “Milton Keynes” in an Instagram post.
Shoppers spent more online during the holiday shopping season, a report by Mastercard showed on Wednesday, with e-commerce sales hitting a record high.
November jobs report: U.S. unemployment rate dropped slightly to 3.5 percent, matching a 50-year-low, the Bureau of Labor Statistics reported on Friday.
The U.S. economy added 128,000 jobs in September, while the unemployment rate rose to 3.6, according to Department of Labor data released Friday.
Residents of Cupertino, Calif., will soon have the opportunity to attend a government-sponsored "poverty simulation" designed to educate participants.