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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…

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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…