Some 719,000 Americans filed for jobless claims last week, according to Labor Department data on Thursday that showed weekly filings back above the 700,000 level that economists say demonstrates the job market's struggle to turn the corner with the coronavirus pandemic

Amid the loose monetary policies and COVID-19 crisis, investors are now considering Bitcoin as a "safe store-of-value" against the potential inflation that may arise in the United States in the wake of the COVID-19 crisis, Bobby Ong, a bitcoin expert and a co-founder and a COO of CoinGecko, one of the world's leading cryptocurrencies data aggregators, told Sputnik

Surging US imports will likely lead the world's economic recovery from the coronavirus pandemic, with global growth expected to be more synchronized this year, Federal Reserve Vice Chairman Richard Clarida said on Thursday

Some 684,000 Americans filed for unemployment benefits last week, the lowest number since the COVID-19 breakout a year ago, suggesting the jobs market may finally be turning the corner with the pandemic, Labor Department data showed Thursday

The US economy is not in a position to end government protection for employee paychecks or help for small businesses and more support might actually be extended, Treasury Secretary Janet Yellen said on Wednesday