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US Jobless Claims Tick Down to 411K as Economy Heals

by The Associated Press | Jun 24, 2021 | Banking & Lending, CR Daily, Industry News

The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving.

$300 in Extra Jobless Aid Running Out Even as More Seek Help

$300 in Extra Jobless Aid Running Out Even as More Seek Help

by The Associated Press | Sep 11, 2020 | Banking & Lending, Commercial & Industrial, Coronavirus, Industry News, Residential Real Estate

The nation’s unemployment safety net is looking increasingly shaky, with a $300-a-week federal jobless benefit from the Trump administration running out just weeks after it began and millions of laid-off Americans nearing an end to their state unemployment aid.

White House, Senate GOP Try Again on New Virus Relief Bill

White House, Senate GOP Try Again on New Virus Relief Bill

by The Associated Press | Jul 27, 2020 | Banking & Lending, Commercial & Industrial, Coronavirus, CR Daily, Industry News, Residential Real Estate

Suggesting a narrower pandemic relief package may be all that’s possible, the White House still pushed ahead with Monday’s planned rollout of the Senate Republicans’ $1 trillion effort as House Speaker Nancy Pelosi assailed the GOP “disarray” as time-wasting during the crisis.

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