US Economy

New jobless claims at 412,000, more than expected

The number of new applications for unemployment benefits rose 37,000 last week to 412,000, the Labor Department reported on Thursday.

Despite economic downturn, Americans’ charitable giving was at a record high in 2020

A new report on American philanthropy released this week revealed that charitable giving in the U.S. reached recored levels last year — in spite of an economy that saw paychecks slashed and unemployment soaring.

Poll: More Americans Hold Joe Biden Responsible for Rising Inflation than Donald Trump

A poll indicated Monday more Americans hold President Joe Biden responsible for rising inflation than Former President Donald Trump.

Sitting on ‘TIME BOMB’: Deutsche Bank issues grim post-pandemic warning for US economy

Further disregarding inflation will push the global economy to a major crisis, according to the latest report issued by Deutsche Bank economists who point the finger at the US money-printing policies.

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