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U.S. unemployment rate falls to 7.9%, hiring slows again

Oct 2, 2020
America’s employers added 661,000 jobs in September, the third straight month of slower hiring.
The September jobs report coincides with other data that suggests that while the economic picture may be improving, the gains have slowed since summer.
Olivier Douliery/AFP via Getty Images

Trump tests positive for coronavirus; stocks, oil prices sink

Oct 2, 2020
U.S. stock futures and Asian shares fell Friday after the president said he and first lady Melania Trump had tested positive.
Trump tweeted news of his test results just hours after the White House announced that senior aide Hope Hicks had come down with the virus after traveling with the president several times this week.
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NY Times: Trump paid $750 in US income taxes in 2016, 2017

Sep 27, 2020
IRS figures indicate that the average tax filer paid roughly $12,200 in 2017, about 16 times more than what the president paid.
Trump paid no federal income taxes in 10 of the past 15 years, The New York Times reported Sunday.
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Democrats to redraft virus relief in bid to jump-start talks

Sep 24, 2020
An aide familiar with the leadership discussions said the new bill would total about $2.4 trillion and is likely to contain additional relief for the airline and restaurant sectors.
Speaker of the House Nancy Pelosi at the U.S. Capitol in April, 2020.
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Federal Reserve sees rates near zero at least through 2023

Sep 16, 2020
The moves are occurring against the backdrop of an improving yet still weak economy.
Fed Chairman Jerome Powell is reflected in the sneeze guard set up between himself and members of the House Committee during a hearing in June.
Bill O'Leary/AFP via Getty Images

Tech’s sudden sell-off continues; Nasdaq sinks 10% in 3 days

Sep 8, 2020
Critics have long been saying that big technology stocks had shot too high, even after accounting for their strong profit growth.
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