Thursday July 9, 2020
| Last update: Wednesday at 4:46 PM
BY Masao Suzuki | San Jose, CA | 6/26/20
For the second week in a row, new applications for state unemployment insurance or UI did not drop by much, despite economists’ expectations.
BY Masao Suzuki | San José, CA | 6/19/20
In six weeks, tens of millions of unemployed people face the end of the additional $600 a week in unemployment insurance benefits.
BY Masao Suzuki | San José, CA | 5/23/20
On Friday, May 22, the monthly report on state-level labor markets saw the - unemployment rate for three states - Nevada, Michigan and Hawai’i - all soar to more than 20%, levels unseen since the worst of the Great Depression of the 1930s.
BY Masao Suzuki | San Jose, CA | 4/16/20
On Wednesday, April 15 the U.S. Commerce Department reported that retail sales of household goods fell 8.7% in March, the largest drop since the report began in 1992. This was twice as bad as the worst month during the last financial crisis and will probably be worse in the report on April sales as many stores did not shut until late in March.
economy
BY Masao Suzuki | San Jose, CA | 3/15/20
From the corporate magic of Disneyland in California to the bright lights of Broadway in New York City, to the famous tourist sites of Paris, France and Rome, Italy, lights are literally going out as more and more businesses shut down, as of today, March 15.
BY Masao Suzuki | San José, CA | 2/26/20
For a second day in a row, U.S. stock prices fell about 3% Tuesday, February 25.
BY Masao Suzuki | San José, CA | 2/25/20
U.S. stocks got a reality check on Monday, February 24, with the Dow falling more than 1000 points, or 3.5%.
BY Masao Suzuki | San Jose, CA | 2/01/20
U.S. and European stocks fell again on Friday, January 31. With the Dow Jones Industrial Average (DJIA) down more than 600 points, or 2%, U.S. stock markets ended up with a small loss for the whole of January.
BY Masao Suzuki | San José, CA | 10/03/19
The U.S. stock market started October with back-to-back declines fueled by growing fears of a recession.
BY Masao Suzuki | San José, CA | 6/10/19
More cracks showed up in the U.S. economic expansion as the May employment report saw a gain of only 75,000 net new jobs, less than half what most economists expected.
economy
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