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Unemployment claims fall again to new pandemic low

May 6, 2021
The number of people in the U.S. seeking unemployment aid fell last week to 498,000, the lowest point since the pandemic struck.
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Facebook board upholds Trump suspension

May 5, 2021
However, the Facebook Oversight Board also said “was not appropriate for Facebook to impose an ‘indefinite’ suspension.”
The social network’s quasi-independent Oversight Board voted to uphold the former president's ban from the platform after his account was suspended four months ago for inciting violence that led to the deadly Jan. 6 Capitol riot.
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Strong gains in consumer spending and incomes in March

Apr 30, 2021
U.S. consumer spending rose at the fastest pace in nine months while incomes soared by a record amount in March.
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Unemployment claims drop again to new pandemic low

Apr 29, 2021
They have fallen sharply over the past year but remain well above the 230,000 weekly figure typical before the pandemic struck.
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U.S. GDP grew 6.4% in first quarter

Apr 29, 2021
Economic growth in the current April-June period is expected to be faster still.
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Biden to propose capital gains tax of 39.6% on investors earning $1M or more

Apr 22, 2021
President Biden will reportedly seek a hike in the tax on capital gains to 39.6% from 20% for people earning more than $1 million.
President Biden at a White House press conference on April 6, 2021.
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Unemployment claims hit another pandemic low

Apr 22, 2021
The number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck.
The still-high number of ongoing recipients shows that even as the economy has strengthened in recent weeks, millions of people — disproportionately low-income workers and people of color — continue to endure a loss of a job or income and have struggled to pay bills or rent.
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White House offers new tax credit to help spur vaccinations

Apr 21, 2021
“We’re calling on every employer, large and small, in every state: Give employees the time off they need with pay to get vaccinated,” Biden said.
U.S. President Joe Biden delivers remarks on the COVID-19 response and the state of vaccinations at the South Court Auditorium of Eisenhower Executive Office Building on April 21, 2021 in Washington, DC.
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Ex-cop guilty of murder and manslaughter in Floyd case

Apr 20, 2021
Derek Chauvin was found guilty on two counts of murder and one count of manslaughter.
Demonstrators hold a banner outside the Hennepin County Government Center in Minneapolis, Minnesota on April 19, 2021.
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Unemployment claims hit lowest level since pandemic

Apr 15, 2021
The number last week was 576,000 claims, down sharply from a peak of 900,000 in early January.
For the week ending March 27, 16.9 million people were continuing to collect jobless benefits, down from 18.2 million in the previous week.
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