The Department of Labor has announced that the unemployment rate dropped one percentage point to 6.9% in October, though the U.S. economy still has 10.1 million fewer jobs than when the coronavirus hit in March. So reports the Associated Press.

The Federal Reserve has announced that it will keep its benchmark interest rate unchanged, as officials again pushed Congress for further economic relief. So reports NBC News.

As votes were being counted in the presidential election, U.S. mortgage rates returned to record-low territory. So reports United Press International.