The central bank can help assess risks, but Fed chair Jerome Powell said the private sector, elected officials must take the lead
Many companies are struggling to find enough workers, even as the economy rapidly recovers
U.S. jobless claims declined for the fifth week in a row to 385,000
Many economists are forecasting that the U.S. economy will grow between 6% and 7% this year
The number of weekly applications for jobless aid has fallen by more than half since January
The proposed 15% is a floor, with further discussions encouraged to push the rate higher
Would-be homebuyers across the U.S. are facing perhaps the most competitive market in decades
The Treasury Department issued a report Thursday that outlines proposals for new measures
U.S. unemployment aid fell to a new pandemic low of 444,000 last week
Governments should provide targeted relief, the European Central Bank said