Economy

US economy unexpectedly loses 23K jobs in July, unemployment rate hovers around 4%

Economy

Unemployment application, April 16, 2020, Arlington, Va.

Jobless claims increased slightly while layoffs remain historically low, Labor Department reports

Unemployment filings in the week ending August 1 increased by 1,000 applications over the previous week, for a total of 199,000, according to Labor Department data reported on Thursday.

Economy

The U.S. flag hangs next to the north entrance of the Treasury Department's headquarters building on May 27 in Washington, D.C.

U.S. and Japan conduct coordinated yen-buying intervention to ease volatility of Japan's currency

Tokyo said that it wouldn't hesitate to conduct further interventions in the future, should they be needed.

Economy

Grocery store closures in Chicago reignite debate over taxpayer-funded food access

The stores, operated by Yellow Banana, closed after Save A Lot ended its operating agreement with the company, citing financial challenges that included a sharp decline in SNAP purchases.