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.
The latest jobless claims data is out, and while the headlines may try to spin it in different directions, the reality is more complicated.
The number of Americans filing for unemployment benefits just jumped to its highest level in over a year, a new report revealed on Thursday.
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.
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.
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.
The number of Americans filing new applications for unemployment benefits fell more than expected last week, easing fears of an unraveling labor market.
A new report has revealed that the number of jobless claims has reached the highest in 10 months.
Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.
U.S. stocks fell on the first trading day of 2024 after investors tempered expectations around interest-rate cuts this year.