Department of Labor

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More Bad News Expected in Unemployment Numbers: Live Business Updates – The New York Times

Right NowFutures markets predicted a lower opening on Wall Street. ImageMacy’s remained closed in Roseville, Minn., on Tuesday.Credit…Jenn Ackerman for The New York TimesU.S. unemployment claims are expected to approach 40 million, and counting.The coronavirus pandemic has produced a somber Thursday ritual: the tally of unemployment claims across the United States.In its report at 8:30…


ASX to slip, techs rally in New York

ASX to slip, techs rally in New York

May 8, 2020 – 4.40amAustralian shares are set to edge lower at the open with the RBA’s latest thoughts on monetary policy scheduled to be released near midday.ASX futures were down 1 point to 5367 near 6am AEST, reversing earlier modest gains.The local currency briefly surged above US65¢, and was most recently up 1.4% at…








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Unemployment Tally Expected to Surge by Millions: Live Updates – The New York Times

Right NowEuropean markets are wobbling after a strong start. Millions more are expected to be added to the unemployment ranks.ImageA largely empty street in Midtown Manhattan on Saturday.Credit…Jonah Markowitz for The New York TimesThe coronavirus outbreak continues its devastating march across the American economy, and Thursday will bring fresh evidence. The Labor Department will announce…


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Coronavirus Updates: Cases Top 1.28 Million Globally; U.S. Braces for Tough Week

Archives for April 6, 20201 minute agoSamsung Profit Forecast Hints at a Limited Impact From CoronavirusSamsung Electronic, a bellwether company for the electronics industry, delivered a profit forecast above analysts’ expectations Tuesday. The 2.7% rise in first-quarter operating profits provides one of the first corporate indicators of how large an impact the coronavirus pandemic will…