Jobless claims fall to 779,000; layoffs grind on

The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.

'I am optimistic now': Post-pandemic hiring could rebound quickly

A hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions.

Democrats move forward with Biden's COVID-19 relief bill

President Joe Biden told Senate Democrats on a private call Tuesday that a Republican alternative to his $1.9 trillion COVID rescue plan is insufficient as he urged lawmakers to boldly and swiftly confront the coronavirus pandemic and economic crisis.

GameStop stock price frenzy: What to know

Trading volume has surged in shares of GameStop, AMC Entertainment, as well as Bed Bath & Beyond and BlackBerry, stunning Wall Street firms betting that those stocks would fall.