Americans
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.
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…
" agenda of freedom
Argentina’s President Milei Criticizes United Nations, Refers To Org. As A ‘Leviathan’
While Argentina’s President Javier Milei spoke at the United Nations (UN) General Assembly, he criticized the organization by calling it a “Leviathan” monster.
Business
Fed expected to deliver quarter-percentage-point rate cut next week
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.
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.
Americans
Survey: Over 28% Of Americans Are Now Searching For New Employment, The Highest In A Decade
A new survey has revealed that Americans searching for a new job has hit the highest rate in more than a decade.
Bank of America
Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
Berkshire Hathaway
Wall Street: Dow Surges 500 Points And Tesla Stock Jumps Over 6%
The Dow jumped over 500 points and the Nasdaq increased 2% on Thursday as retail sales data indicated resilient consumer spending, somewhat calming fears of a possible recession.
Alphabet
Wall St edges lower as volatile week draws to a close
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.
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.