US Economy

U.S. Treasury yields dipped on Friday morning, ahead of the release of the November jobs report.

Fed Chair Jerome Powell’s retirement of the term “transitory” could have a bleak effect on risk assets, according to Cole Smead of Smead Capital Management.

One omicron case was discovered in Long Island and four in the boroughs that make up New York City: two in Queens, one in Brooklyn and one in Manhattan.

President Joe Biden said Thursday his plan to fight Covid during the winter doesn’t include shutdowns or lockdowns.

CEOs across the economy were optimistic in their 2022 outlook before the omicron variant of Covid emerged. Are they still now?

A U.S. Department of Labor watchdog estimates at least 10% of federal pandemic benefits were issued in error, much of it due to fraud.

Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire.

Minnesota, Colorado, New York and Hawaii confirmed new cases of the omicron variant on Thursday. New York City Health Commissioner Dr. Dave Chokshi said the Empire State cases indicate there is community spread of the variant. The first U.S. case of the virus was confirmed in California on Wednesday. At least five U.S. states have now confirmed cases of...

Initial claims for unemployment insurance were expected to total 240,000 for the week ended Nov. 27, according to economists surveyed by Dow Jones.

U.S. Treasury yields were steady on Thursday, amid continued fears around the omicron Covid-19 variant.

The White House is asking businesses to proceed with the vaccination and testing requirements amid concerns about the omicron variant of the coronavirus.

The first person in the U.S. diagnosed with the omicron Covid variant was fully vaccinated, has mild symptoms and has not been hospitalized, officials said.

[This stream is slated to begin at 1:40. Please refresh the page if you do not see the stream] White House chief medical advisor Dr. Anthony Fauci and press secretary Jen Psaki will update the nation with the latest information on the omicron Covid variant that was first reported to world health officials a week ago. The World Heath Organization…

The WHO said Wednesday that some patients infected with omicron are showing mild symptoms, but there are also reports of severe cases.

The Consumer Financial Protection Bureau is increasing oversight of banks with a heavy reliance on overdraft fees for revenue, the agency said Wednesday.

Strong consumer demand sparked a wave of CEO optimism about the economy over the next six months, the Business Roundtable said.

The majority of U.S. employers now have, or plan to have, a vaccine mandate in place as return-to-work plans are pushed back again.

Private payrolls increased by 534,000 for the month, better than the Dow Jones estimate of 506,000 in a labor market that appears to be getting tighter.

U.S. Treasury yields were steady on Wednesday, amid investor concerns around the omicron variant and the Federal Reserve’s plans to potentially taper faster than expected.

President Joe Biden on Tuesday went to Minnesota to  pitch his completed infrastructure deal an a giant social spending bill that he’s still trying to get passed, but also found himself reassuring the nation he would fight the evolving COVID-19 threat without resorting to “shutdowns and lockdowns.”