soft landing – One America News Network

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.

A man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US inflation ebbs in May as goods prices fall

U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.

A man shops for produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

Markets underestimate risk of inflation re-accelerating, says PIMCO

Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.