Avie Schneider appears in the following:
Monday, September 21, 2020
The Dow falls more than 500 points as a report says large global banks were involved in transactions flagged as possible money laundering and hopes dim for Congress to pass another relief measure.
Wednesday, August 19, 2020
Apple first crossed the $1 trillion mark just two years ago. The iPhone maker and a handful of other tech giants propelled the S&P 500 index to a new record this week.
Tuesday, August 18, 2020
After plummeting 34% from its prior peak, the stock index has staged a steady recovery — gaining more than 50% since March, when lockdowns shut down much of the economy.
Tuesday, July 28, 2020
The CEOs of Amazon, Apple, Facebook and Google are set to testify about whether their companies have too much power. Jeff Bezos begins his prepared remarks with a personal story.
Thursday, July 23, 2020
New claims for unemployment benefits rise to 1.4 million, a sign that the labor market is deteriorating as businesses close their doors again after the pandemic intensifies.
Tuesday, July 14, 2020
The dramatic collapse of the U.S. economy is pummeling America's largest banks. Wells Fargo has posted its first quarterly loss since 2008 and JPMorgan Chase has set aside billions to cover bad loans.
Thursday, June 18, 2020
Another 1.5 million people file for unemployment benefits for the first time, but the number who are continuing to seek the payments continues to decline as workers return to their jobs.
Wednesday, June 17, 2020
The Justice Department's proposed legislation follows a May executive order by President Trump to limit protections for social media after Twitter began adding fact checks to some of his tweets.
Tuesday, June 16, 2020
The Dow Jones Industrial Average gains 526 points after reports that retail sales rebounded strongly in May and that the Trump administration is preparing an infrastructure plan to boost the economy.
Monday, June 15, 2020
U.S. stock indexes fell earlier on Monday, but they turn higher after the Federal Reserve announces it will start buying corporate debt.
Friday, June 12, 2020
Major stock indexes bounce back a day after the Dow lost 1,861 points amid spikes in new cases in states that had reopened their economies.
Thursday, June 11, 2020
The pain in the job market continues as an additional 1.5 million sought unemployment benefits last week. In the past 12 weeks, more than 44 million new claims have been filed.
Thursday, May 28, 2020
Amazon has hired 175,000 temporary workers to deal with a spike in online shopping during the coronavirus pandemic. Now it's offering most of them permanent jobs.
Thursday, May 28, 2020
More than 1 in 4 U.S. workers have lost their jobs since coronavirus shutdowns began. Last week, an additional 2.1 million people filed for unemployment benefits.
Wednesday, May 27, 2020
President Trump's vow to "strongly regulate" such platforms comes a day after Twitter added a fact-check label to a pair of his tweets and renews his argument that those sites silence conservatives.
Thursday, May 14, 2020
Nearly 3 million people filed for unemployment benefits last week, the Labor Department says. It's the latest grim sign of the economic damage from the coronavirus crisis.
Wednesday, May 06, 2020
The record job losses are a preview of the Labor Department's employment report for April coming Friday. ADP's new numbers are not surprising, given the more than 30 million jobless claims filed.
Wednesday, April 29, 2020
The economy contracted in the first quarter of 2020 as the coronavirus began to take its toll and spending dived. It's the first quarterly drop in six years and a likely precursor to a deep recession.
Thursday, April 23, 2020
The number of people forced out of work during the coronavirus lockdown keeps soaring. Last week, 4.4 million people filed for jobless benefits, boosting the total since last month to 26 million.
Tuesday, April 21, 2020
The Dow fell 631 points a day after oil prices turned negative for the first time ever. The drops are the latest market reactions to the global economic downturn caused by the pandemic.