Delta variant

Business News

Weekly Jobless Claims Rise Again After Touching 52-Year Low

The rebound in initial claims breaks an eight-week straight run of declines.

Business News

Jobless Claims Rise as Pandemic Fears and Supply Chain Crunch Weigh on Recovery

First-time filings for unemployment insurance-a proxy for layoffs-came in at 332,000 for the week ending Sept. 11, a rise of 20,000 from the previous week's revised level of 310,000.

Business News

Pfizer Says COVID-19 Vaccine Efficacy Weakens Over Time

Pfizer said that booster doses should be given to all people aged 16 and older six months after they received their second dose of the mRNA vaccine.

Business News

Goldman Sachs Lowers US Growth Forecast Amid COVID-19 Delta Variant and Fading Fiscal Support

Economists at Goldman Sachs Group Inc. have lowered their forecast for growth in the U.S. economy this year for a second time.

Business News

Gas Prices Surge to Fresh 7-Year High

The American Automobile Association said it expects gas prices to remain elevated at least through the beginning of August.

Business News

Unemployment Claims Fall to New Pandemic-Era Low But Remain Historically High

Initial filings for unemployment insurance, a proxy for layoffs, came in at 385,000 for the week ended July 31, a drop of 14,000 over the previous week's revised level, the Labor Department said in a release Thursday.