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WASHINGTON, Aug. 27 (Xinhua) -- The number of initial jobless claims in the United States last week totaled above 1 million mark for the second straight week, painting a gloomy outlook for the recovery of a labor market ravaged by the COVID-19 crisis.
WASHINGTON, Aug. 27 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell announced on Thursday that the central bank will seek to achieve inflation that averages 2 percent over time, a new strategy for carrying out monetary policy to help fight the COVID-19 pandemic and boost economic recovery.
CHICAGO, Aug. 26 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as investors were concerned over inflation ahead of Federal Reserve Chairman Jerome Powell's coming speech at the Jackson Hole Economic Policy Symposium on Thursday.
WASHINGTON (Reuters) - Vice President Mike Pence on Friday launched the Republican counterattack to the scathing criticism that President Donald Trump received at the Democrats' nominating convention this week, countering that a Joe Biden presidency would crush the U.S. economy and allow civil unrest in the streets.
WILMINGTON, Del. (Reuters) - The widow of Republican Senator John McCain spoke at the Democratic National Convention on Tuesday on behalf of presidential candidate Joe Biden, a reminder of her late husband's bitter relationship with President Donald Trump.
(Reuters) - The Democratic Party formally nominated Joe Biden for U.S. president at its national convention on Tuesday, turning to future leaders and elder statesmen to make the case for why he is the right choice to face Republican President Donald Trump in November.
WASHINGTON (Reuters) - Freshman U.S. Representative Ross Spano was ousted by a challenger in the Florida Republican primary Tuesday amid a federal investigation into campaign finance violations from two years ago.