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    in Economy

    A $900 Billion Plan Would Help the Economy, but Not Fix It

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    #masthead-section-label, #masthead-bar-one { display: none }The Coronavirus OutbreakliveLatest UpdatesMaps and CasesC.D.C. Shortens Quarantine PeriodsVaccine TrackerFAQAdvertisementContinue reading the main storySupported byContinue reading the main storynews analysisA $900 Billion Plan Would Help the Economy, but Not Fix ItWhile a compromise package gaining steam in Congress would provide urgent help to the economy, some people and businesses would be left out in the cold.The framework of a $908 billion stimulus plan includes several types of assistance that economists have been calling on Congress to approve for months.Credit…Anna Moneymaker for The New York TimesBy More

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    Further Slowdown in Job Creation Sets Off Economic Alarms

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    #masthead-section-label, #masthead-bar-one { display: none }The Coronavirus OutbreakliveLatest UpdatesMaps and CasesC.D.C. Shortens Quarantine PeriodsVaccine TrackerFAQAdvertisementContinue reading the main storySupported byContinue reading the main storyFurther Slowdown in Job Creation Sets Off Economic AlarmsNovember’s hiring of 245,000, the fifth straight monthly easing in new employment, reinforces calls for action on a fresh relief package. More

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    A Unemployment Report Without Silver Linings

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    #masthead-section-label, #masthead-bar-one { display: none }The Coronavirus OutbreakliveLatest UpdatesMaps and CasesC.D.C. Shortens Quarantine PeriodsVaccine TrackerFAQAdvertisementContinue reading the main storyUpshotSupported byContinue reading the main storyA Jobs Report Without Silver LiningsThe November numbers offer clues that what was once temporary unemployment is becoming more permanent.By More

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    in Economy

    Unemployment Claims Drop, but Holiday Week May Be a Factor

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    #masthead-section-label, #masthead-bar-one { display: none }The Coronavirus OutbreakliveLatest UpdatesMaps and CasesC.D.C. Shortens Quarantine PeriodsVaccine TrackerFAQAdvertisementContinue reading the main storySupported byContinue reading the main storyUnemployment Claims Drop, but Holiday Week May Be a FactorThe decline was the first in three weeks, despite a resurgence of Covid-19 cases. Economists warn of more job losses ahead.A lone shopper at a department store in Midtown Manhattan on the day after Thanksgiving. The drop in weekly jobless claims is likely to have been depressed by the holiday week.Credit…Gabby Jones for The New York TimesBy More

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    in Economy

    Biden and His Economic Team Urge Quick Action on Stimulus as Risks Mount

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    #masthead-section-label, #masthead-bar-one { display: none }The Presidential TransitionliveLatest UpdatesFormal Transition BeginsBiden’s CabinetSecretary of StateElection ResultsAdvertisementContinue reading the main storySupported byContinue reading the main storyBiden and His Economic Team Urge Quick Action on Stimulus as Risks MountThe president-elect introduced key nominees in Delaware, while lawmakers exchanged new proposals with prospects for a deal still dim.President-elect Joseph R. Biden Jr. acknowledged that any stimulus agreement would necessarily fall far short of the trillions of dollars that Democratic leaders have insisted on for months.Credit…Kriston Jae Bethel for The New York TimesBy More