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Reopening can bring about maximum employment, it's just a matter of "how long it takes to get there," BlackRock CIO Rick Rieder said. [Read More]
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Fed Chair Jerome Powell and Treasury Secretary Janet Yellen have said alternative unemployment measures paint a gloomier picture of the labor market. [Read More]
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Friday's blowout jobs report showed the US added nearly double the payrolls expected by economists for the period. [Read More]
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The CBO's report doesn't account for Democrats' $1.9 trillion stimulus, and could give Republicans more firepower in their fight against the bill. [Read More]
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Continuing claims, which track Americans receiving unemployment benefits, fell to 4.3 million for the week that ended February 20. [Read More]
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Federal Reserve researchers simulated 2021 growth 1 million times. Disappointing global growth practically guarantees US underperformance. [Read More]
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A mix of public- and private-sector support totaling 2% to 3% of GDP would best counteract the equity pressures facing businesses, the IMF said... [Read More]
The group of previously unloved stocks has fluctuated in recent sessions as bullish momentum locks horns with profit-taking. [Read More]
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With the real unemployment rate hovering near 10% and lockdowns in place, the Treasury market is expecting a rapid return to pre-pandemic strength. [Read More]
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