The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market.
Read More US weekly jobless claims fall to 11-month low as labor market remains stableTag: Nancy Vanden Houten
Sharp downgrades to US unit labor costs bode well for inflation outlook
U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not moderated much.
Read More Sharp downgrades to US unit labor costs bode well for inflation outlookUnemployment 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 YearRecord house prices depress US home sales in June
U.S. existing home sales fell more than expected in June as the median house price set another record high.
Read More Record house prices depress US home sales in JuneUS weekly jobless claims fall; business spending on equipment softening
Weekly jobless claims fell more than expected, but the U.S. labor market slowdown, driven by higher interest rates and economic concerns, continues to worry big money managers.
Read More US weekly jobless claims fall; business spending on equipment softening