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.
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.