Federal Government to Pay $300 a Week in Unemployment Benefits in 34 States
Money

Federal Government to Pay $300 a Week in Unemployment Benefits in 34 States

The plan looks to give people $300 a week in relief, but states have the option to add another $100 if they so wish to bring the total figure to $400. However, there’s a real fear that the program could run out of money before it has any real impact.
The US Added 312,000 Jobs in December with Unemployment Rising to 3.9%
Business

The US Added 312,000 Jobs in December with Unemployment Rising to 3.9%

The Labor Department released its official employment figures for the month of December. Although the US added 312k jobs, unemployment rate rose to 3,9% compared to the 3,7% in November.
155,000 Jobs Were Created in the US in November
Business

155,000 Jobs Were Created in the US in November

The creating of jobs was slightly below expectations as employers complain about talent shortage, but the numbers should improve soon.
US Federal Reserve Hikes Interest Rates for the Third Time This Year
Business

US Federal Reserve Hikes Interest Rates for the Third Time This Year

The US Federal Reserve has once again raised the short-term interest rates in a move confirmed on Wednesday. This is now the 8th time since 2015 that the Fed raises the rates after years of historical lows.
Economists Warn Trump's Tariffs Don’t Support U.S. Growth
Politics

Economists Warn Trump's Tariffs Don’t Support U.S. Growth

Economists are becoming less confident about US economic growth in light of Trump’s trade and budget policies. The experts are also not convinced that the current gains coming from the GOP tax cuts will be sustainable.
Federal Reserve Raises Rates and Issues New Economic Projections
Business

Federal Reserve Raises Rates and Issues New Economic Projections

On Wednesday, the U.S. Federal Reserve raised interest rates, which didn’t come as a surprise to economists.

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