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Fed s Brainard: Financial firms should start addressing climate risk now

Uncertainty about the impact climate change may have on the financial system should not prevent financial firms and their supervisors from moving now to prepare for the shocks to come, a key Federal Reserve policymaker said on Thursday.

Brainard: Fed wants maximum employment, growth that is sustainable

The Federal Reserve's emerging focus on climate change won't lessen its focus on achieving maximum employment, Fed Governor Lael Brainard said on Thursday in response to questions about whether a transition away from carbon-based fuel will kill jobs.

U S weekly jobless claims unexpectedly rise

The number of Americans filing first-time applications for unemployment benefits unexpectedly increased last week, raising the possibility of a second straight month of tepid job growth despite declining new COVID-19 infections.

U S weekly jobless claims rise as labor market recovery stalls

The number of Americans filing first-time applications for unemployment benefits unexpectedly increased last week, raising the possibility of a second straight month of tepid job growth despite declining new COVID-19 infections.

U S labor market struggling to regain momentum

The number of Americans filing first-time applications for unemployment benefits unexpectedly increased last week, raising the possibility of a second straight month of tepid job growth despite declining new COVID-19 infections.

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