The number of Americans applying for unemployment benefits declined last week, remaining within the historically low levels seen since the COVID-19 pandemic, economists say.
Read More Dept. of Labor: U.S. unemployment claims drop, remaining in ‘healthy’ range
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
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
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
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
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