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Wednesday, April 24, 2024  
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coronavirus

U.S. weekly jobless claims increase more than expected
Business Published 14 Jan, 2021 07:39pm

U.S. weekly jobless claims increase more than expected

WASHINGTON (Reuters) - The number of Americans filing first-time applications for unemployment benefits surged last week, confirming a weakening in labor market conditions as a worsening COVID-19 pandemic disrupts operations at restaurants and other businesses.
ECB's Lane faced rare pushback against latest stimulus package
Business Published 14 Jan, 2021 07:35pm

ECB's Lane faced rare pushback against latest stimulus package

FRANKFURT (Reuters) - European Central Bank chief economist Philip Lane faced pushback from fellow policymakers at the ECB’s latest meeting, when he proposed fresh measures aimed at helping the euro zone through the coronavirus pandemic, the official account of the meeting showed on Thursday.