Stocks shake off a wobbly start, end higher on Wall Street

Technology and health care companies led a broad rally on Wall Street Tuesday that helped stocks overcome a wobbly start and recoup their losses from a day earlier. The S&P 500 rose 0.8% after having been down 0.3% in the early going. The gain inched the benchmark...

This Week: Construction spending, GM earns, nonfarm payrolls

A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSTRUCTION Economists project that spending on construction projects increased nationally in June after falling the previous month. ...

South Carolina unemployment claims continue to drop

COLUMBIA, S.C. (AP) — First-time claims for unemployment benefits are continuing the drop, South Carolina officials said. The South Carolina Department of Employment and Workforce reported a total of fewer than 1,500 first-time claims for the week ending Saturday. That...

Louisiana turning off federal unemployment aid Saturday

BATON ROUGE, La. (AP) — Louisiana is ending federal pandemic unemployment aid for its residents Saturday, booting nearly 200,000 people off benefits and cutting the payments to thousands more in the middle of a worsening COVID-19 surge across the state. Louisiana...

Lawsuit filed over Lee dropping federal unemployment aid

NASHVILLE, Tenn. (AP) — Seven unemployed Tennessee residents have filed a lawsuit over Gov. Bill Lee's decision to opt out of the federal unemployment benefits programs earlier this year. They said in a federal complaint filed this week against Lee and Department of...

Unemployed Oregonians to lose pandemic benefits in September

PORTLAND, Ore. (AP) — Oregonians could lose more than $70 million in weekly employment benefits after Labor Day, when some federal pandemic aid programs expire and the state stops paying a $300 weekly unemployment bonus. David Gerstenfeld, acting director of the Oregon...

US jobless claims down 24,000 to 400,000 as economy recovers

WASHINGTON (AP) — The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession. Jobless claims dropped by 24,000 to 400,000 last week, the Labor Department reported...

US jobless claims drop by 24,000 to 400,000, another sign of strength for a rebounding economy and job market

German jobless rate down in July as recovery rolls on

BERLIN (AP) — Germany's unemployment rate dipped to 5.6% in July, an unusual decline for the summer month as Europe's biggest economy showed more signs of recovering from the COVID-19 pandemic, official data showed Thursday. The unadjusted jobless rate, the headline...

Timeline remains the same to update unemployment system

Kentucky hopes to stay on course to overhaul its outdated technology for processing jobless claims in two to three years, despite renewing its search for a company to handle the job, the state's new labor secretary told lawmakers on Tuesday. Labor Secretary Jamie Link...