Minnesota reports lowest labor force participation in a decade

Minnesota has its lowest labor force participation rate in at least a decade, as tens of thousands of people apparently stopped looking for work in September.

Layoffs remain elevated as 898,000 seek unemployment aid

The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.

2 Americans awarded Nobel Prize in economics

Americans Paul R. Milgrom and Robert B. Wilson have won the Nobel Prize in economics for “improvements to auction theory and inventions of new auction formats.”

White House boosts offer in COVID-19 aid talks

The White House is boosting its offer in up-and-down COVID-19 aid talks Friday in hopes of an agreement before Election Day.

Layoffs continue as 840,000 seek unemployment aid

The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.

IRS reaching out to millions who have not claimed $1,200 stimulus check

The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, says the agency is reaching out to low-income and homeless people, military personnel and veterans and those with limited English to notify them they may be eligible.

Fed chair warns lack of further COVID-19 stimulus imperils economic recovery

Federal Reserve Chair Jerome Powell warned that a recovery from the COVID-19 pandemic recession could falter unless the federal government supplies additional stimulus relief.

Trump halts COVID-19 stimulus talks until after election

President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.

Hiring slows for 3rd month; US unemployment rate falls to 7.9%

America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.

Stock futures plunge after Trump confirms he has coronavirus

U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.

Layoffs remain high as 837,000 seek unemployment aid

The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.

United and American Airlines furloughing 32,000 employees

The moves by two of the nation's four biggest airlines represent the first -- and likely the largest part -- of involuntary job cuts across the industry in coming days.

Dow plunges 900 points as election, coronavirus lockdown worries mount

U.S. equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S. election.