Coronavirus Update: Jobless Claims Surge To Record 3.3 Million, Labor Market Slammed In The Tri-State Area

MAHWAH, N.J. (CBSNewYork)-- The coronavirus pandemic has sent unemployment claims to record highs, and people all around New York and the country are feeling the effects of the global pandemic. Read More

U.S. consumer spending, jobless claims signal caution on economy

U.S. consumer spending trailed forecasts in September while weekly applications for unemployment benefits rose more than projected, offering a note of caution on the economy as Federal Reserve ... Read More

Coronavirus update: White House considers mask policy reversal, jobless claims spike

While most economists expected jobless benefits claims to plunge to pandemic lows ... increase coincides with a surge in new cases of the coronavirus, especially infections caused by the Delta ... Read More

Coronavirus updates: Another 4.4 million US jobless claims, CDC director warns of second wave

In a fifth week of record jobless claims ... again in a safe, structured and responsible fashion." With many millions of people suddenly unemployed, restarting an economy hobbled by the ... Read More

Weekly economic calendar: Focus on jobless claims and consumer confidence

The CFNAI is a weighted average of 85 existing monthly indicators of national economic activity. The index had negative print of 0.40 for the month of November. 10:00 AM Consumer Confidence The ... Read More

Consumers are growing slightly more cautious about the economy

“With strong income expectations, consumers may be hopeful that the economy will be on an upswing again, but for the moment they are reserving judgment.” The Conference Board’s consumer ... Read More

Consumer prices, jobless claims, Rivian shares and more: Thursday's 5 things to know

OCTOBER INFLATION REPORT LIKELY TO SHOW CONSUMER PRICES INCREASED AGAIN "The monthly CPI is ... than-expected reading of 6.6% in September. JOBLESS CLAIMS: The Labor Department will release ... Read More

Will Consumers Be Able to Rescue the Economy Again?

Many economists have raised concerns that poor sentiment could slow consumer spending, hindering economic growth. However, the last time consumers ... as the weekly jobless claims reached their ... Read More

Low US Weekly Jobless Claims, Solid Consumer Spending Showcase Economy's Strength

Despite the economy's strong performance, high food and housing costs have caused angst among households. "Consumers may ... Initial claims for state unemployment benefits dropped 12,000 to ... Read More