US stock futures inch higher ahead of new unemployment claims numbers
Another painful look at initial jobless claims is expected today.another 3.5 million Americans filed for first-time unemployment benefits in the week ended April 25That would be the sixth-straight weekly report with claims in the millions. So far,
first-time claims since mid-March. Before the coronavirus crisis, weekly claims sat around the 200,000 mark.fourth straight week that claims have fallen since peaking at 6.9 million in the last week of MarchStill, next week's jobs report is expected to show the US unemployment rate surging to 14%. How high the jobless rate can go and how long it will take to come down again will depend on the shape and pace of the economic recovery.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JetBlue, Delta seek U.S. OK to suspend flights to 25 U.S. airportsDelta Air Lines , JetBlue Airways Corp and Spirit Airlines on Tuesday asked the U.S. Transportation Department for approval to suspend flights to more than two dozen U.S. airports.
Read more »
US coronavirus deaths surpass US Vietnam War casualtiesIn less than three months, more Americans have died from coronavirus than the number of US service members killed in the Vietnam War, according to a Johns Hopkins University tally. Follow live updates:
Read more »
US stock futures point to a higher openingInvestors continue to worry about the coronavirus pandemic's impact on the economy. Here's what's moving markets today.
Read more »
US stock futures rise after solid tech earnings, Facebook up 10%Futures contracts tied to the major U.S. stock indexes rose Wednesday evening after upbeat revenue results from both Facebook and Microsoft.
Read more »
The Spaces Between UsWhen friends and neighbors run for the hills, small differences in wealth suddenly loom large. lisaxmiller writes about what the coronavirus reveals about wealth among friends
Read more »
JetBlue to become first major US airline to require passengers to wear face coveringsJetBlue will require all passengers to wear a face covering during travel starting on May 4, according to a statement from the airline. It's the first major US airline to take such a step, according to a major flight attendants' union.
Read more »