Fed confronts a shaky US economy that likely needs more helpFed officials themselves, including Chair Jerome Powell, have sounded a similar message. In mid-March, when the virus first hit hard, the Fed accelerated its bond purchas...
California jobless rate falls with help of temporary jobsCalifornia lost more than 2.6 million jobs in March and April because of the coronavirus. California outperformed the nation as a whole, with its unemployment rate in Aug...
US is expected to report a record-breaking economic plungeThat would be more than triple the previous worst quarterly economic fall, a 10% drop set in 1958. On Thursday, the government will issue its first of three estimates of ...