Nonfarm payrolls increased by 273,000 in February, surpassing economists’ 175,000 estimate. Unemployment also slightly dropped to 3.5 percent, matching its lowest level in more than 50 years, according to the latest report by the U.S. Department of Labor.
U.S. stocks rallied at opening Tuesday, recouping some of Monday’s losses after President Trump floated a payroll tax holiday to stimulate economic growth against the coronavirus.
Serious measures against the spread of the coronavirus are being applied in multiple states, after falling stocks Monday caused all trading on Wall Street to temporarily cease and the US confirmed 550 cases across 20 states.
The Dow Jones Industrial Average sank more than 2,000 points on Monday, its worst day since 2008, as fears about the spread of the new coronavirus and an oil price war sent investors scrambling out of stocks.
Forty-five thousand more people were employed in February than in January, bringing the total number employed — 158,759,000– to the second highest level in the nation’s history.
The U.S. Senate voted near unanimously Thursday to approve $8.3 billion in new spending on the U.S. government’s efforts to contain the spread of the novel coronavirus.
Chief Justice John Roberts publicly condemned a top Democrat for threatening comments aimed at two justices as the Supreme Court considers a case on abortion.
The House passed an $8.3 billion measure to fund the federal government’s response to the coronavirus outbreak, which has claimed 11 lives and infected more than 100 people in the United States.
A resurgent Joe Biden was projected to win seven large states on Tuesday, and front-runner Bernie Sanders captured two states with several others too close to call on the biggest day of voting in the 2020 Democratic presidential nominating race.
The Federal Reserve, in a rare emergency step, cut short-term rates by half a percentage point on March 3 to protect the U.S. economy from the growing fallout of the global coronavirus outbreak.
On Wednesday, the nation’s highest court takes up its first major abortion case since the confirmation of two new justices. Pro-life activists hope this will give the court a pro-life majority for the first time in decades and this case might have an impact on the future of abortion in America.
The Associated Press has confirmed a sixth person has died in the United States from the coronavirus.
It’s hard to pinpoint exactly how or where it started, but the political blame-game over the coronavirus has proven highly contagious, spreading rapidly among Democrats and Republicans as it infects the 2020 election discourse.
The justices will kick off the month of March by hearing arguments over the legality of the Consumer Financial Protection Bureau and a new challenge to abortion rights.
A 20-mile section of new border wall built near El Paso, Texas, cut illegal crossings by more than 80%, the government’s top border official told Congress on Thursday.
The Dow Jones industrial average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.
The Second Circuit Court of Appeals ruled Wednesday that the Trump administration can withhold federal funds from sanctuary jurisdictions for refusing to cooperate with immigration authorities in a decision that will likely trigger a Supreme Court review.
Officials on Wednesday announced a new case of coronavirus in California, which could be the first known instance in the United States of the virus spreading among the general public.
Democrats defeated two measures Tuesday aimed at highlighting late-pregnancy abortions, in votes raised by Republican leaders ahead of the 2020 elections to put their opponents on the record over a controversial practice.
Stocks slumped again on Wall Street Tuesday, driving the S&P 500 down 3%, piling on losses a day after the market’s biggest drop in two years as fears spread that the growing coronavirus COVID-19 outbreak will put the brakes on the global economy.