75.3 F
Sunday, September 27, 2020
Home Authors Posts by Christopher Rugaber

Christopher Rugaber

PRIOR TO THE IMPACT of the COVID-19 pandemic, the number of available U.S. jobs fell modestly in February to 6.9 million, down from 7 million in January. / AP FILE PHOTO/NAM Y. HUH

U.S. employers posted solid job openings before virus shutdowns

WASHINGTON (AP) – United States employers posted a healthy number of job openings in February, evidence that the job market was in decent shape...
THE FEDERAL RESERVE announced that it will be buying loans that banks make to small businesses as part of the SBA's small-business lending program. Above, Federal Reserve Chairman Jerome Powell. / AP FILE PHOTO/JACQUELYN MARTIN

Federal Reserve to boost small-business lending efforts

WASHINGTON (AP) – The Federal Reserve said in a brief announcement that it would support the government's $349 billion small-business lending program, which had...
UNITED STATES employers cut 701,000 jobs because of COVID-19 in March.. / AP FILE PHOTO/PAUL SANCYA

U.S. sheds 701K jobs, ending a record-long hiring streak

WASHINGTON (AP) – A record-long streak of United States job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs...
ROUGHLY 6.6 Americans filed for unemployment last week alone. / AP FILE PHOTO/STEVEN SENNE

A record 6.6 million seek U.S. jobless aid as layoffs mount

WASHINGTON (AP) – More than 6.6 million Americans applied for unemployment benefits last week – doubling a record high set just one week earlier...
U.S. COMPANIES shed 27,000 jobs in March, according to ADP. / AP FILE PHOTO/.DAVID GOLDMAN

U.S. businesses cut 27,000 jobs in March, before virus hit

WASHINGTON (AP) – United States companies shed 27,000 jobs in March, according to a private survey, a figure that mostly reflected the economy as it...
U.S. JOBLESS CLAIMS more than quadrupled the previous record set in 1982, hitting 3.3 million last week. / AP FILE PHOTO/JOHN LOCHER

U.S. jobless claims soar to record 3.3 million as layoffs jump

WASHINGTON (AP) – Nearly 3.3 million Americans applied for unemployment benefits last week – more than quadruple the previous record set in 1982 –...
FEDERAL RESERVE Chair Jerome Powell pauses during a news conference in Washington. The Federal Reserve says it will buy short-term loans from banks and companies to support the flow of credit as the economy grinds to a halt amid the viral outbreak. The Fed is reviving a program that it first used during the 2008 financial crisis to unclog a short-term lending market for what is known as “commercial paper.” / AP FILE PHOTO/JACQUELYN MARTIN

Federal Reserve to lend up to $300B to businesses, cities

WASHINGTON (AP) – In a series of sweeping steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as...
U.S. EMPLOYERS added employers added 273,000 jobs in February. / AP FILE PHOTO/WILFREDO LEE

U.S. added robust 273K jobs in Feb. before virus escalated

WASHINGTON (AP) – Hiring jumped in February as employers added 273,000 jobs, evidence that the economy was in strong shape before the coronavirus began...
U.S. BUSINESSES added 183,000 jobs in February. / AP FILE PHOTO/WILFREDO LEE

U.S. businesses add 183K jobs in sign of pre-virus health

WASHINGTON (AP) – United States businesses added 183,000 jobs last month, a solid gain that shows the economy was largely healthy when the coronavirus...
THE FEDERAL RESERVE cut its benchmark interest rate by a half-percentage point in response to market instability caused by the spread of the coronavirus. / AP FILE PHOTO/ ANDREW HARNIK

Virus spread prompts Fed to cut rates in emergency move

WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy...

Stay up to date with PBN's Morning Call & Daily Edition newsletters.

- Featured Event -

Latest News

PBN is back in print.