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Tag: jobless claims

LOS ANGELES, CALIFORNIA - JUNE 02: A 'Now Hiring' sign is displayed outside a resale clothing shop on June 2, 2023 in Los Angeles, California. Today’s U.S. labor report shows that employers added 339,000 jobs in May with sectors including construction, healthcare, business services and transportation adding jobs with wages showing 4.3 percent growth over the same period last year. (Photo by Mario Tama/Getty Images)

Jobless Claims Data Mixed: Dale Smothers Weighs In On Economic Impact

The latest jobless claims data is out, and while the headlines may try to spin it in different directions, the reality is more complicated.

Read More Jobless Claims Data Mixed: Dale Smothers Weighs In On Economic Impact
FORT LAUDERDALE, FLORIDA - MAY 03: A Now Hiring sign is seen on May 03, 2019 in Fort Lauderdale, Florida. The Labor Department released the month of April hiring and unemployment data that showed 263,000 jobs were created last month which beat analysts expectations and dropped the unemployment rate to 3.6 percent. (Photo by Joe Raedle/Getty Images)

Unemployment Claims Increase By 33,000 To 258,000: The Highest Level In Over A Year

The number of Americans filing for unemployment benefits just jumped to its highest level in over a year, a new report revealed on Thursday. 

Read More Unemployment Claims Increase By 33,000 To 258,000: The Highest Level In Over A Year
A smartphone with a displayed Micron logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Wall St rises on AI euphoria after Micron’s upbeat forecast

Wall Street’s main indexes rose, with the S&P 500 hitting a record high, as Micron’s upbeat forecast revived the frenzy around AI.

Read More Wall St rises on AI euphoria after Micron’s upbeat forecast
A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly

Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle

Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.

Read More Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 8, 2024. REUTERS/Brendan McDermid/File Photo

Wall St edges lower as volatile week draws to a close

Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.

Read More Wall St edges lower as volatile week draws to a close
LOS ANGELES, CALIFORNIA - JUNE 02: A 'Now Hiring' sign is displayed outside a resale clothing shop on June 2, 2023 in Los Angeles, California. Today’s U.S. labor report shows that employers added 339,000 jobs in May with sectors including construction, healthcare, business services and transportation adding jobs with wages showing 4.3 percent growth over the same period last year. (Photo by Mario Tama/Getty Images)

Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now

The number of Americans filing new applications for unemployment benefits fell more than expected last week, somewhat easing fears of an unraveling labor market.

Read More Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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