Alejandro Mayorkas
US labor market remains stable; weather, strike distortions loom
October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…
Accenture
Wall St rises on AI euphoria after Micron’s upbeat forecast
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.
Bureau of Labor Statistics
US import prices post largest drop in eight months
Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.
America
Report: Job Openings Fall To Lowest Level Since Biden Took Presidency
Job openings across America spiraled down to their lowest level since the beginning of 2021, a very concerning notion that the labor market is cooling.
Business
US business activity edges lower; pricing power ebbs further
U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers.
Alicia Summers
U.S. Added 818,000 Fewer Jobs Than Previously Reported
The Labor Department revised its annual jobs report showing it was much weaker than originally reported.
2022
Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now
The number of Americans filing new applications for unemployment benefits fell more than expected last week, easing fears of an unraveling labor market.
Becky Frankiewicz
Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%
U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession.
alerts
Unemployment Claims Increase To Highest Level Since September 2023
A new report has revealed that the number of jobless claims has reached the highest in 10 months.
borrowing costs
Monthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.