ADP National Employment
US weekly jobless claims fall to 11-month low as labor market remains stable
The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market.
air traffic control
Feds Slam JetBlue With $2M Fine For ‘Chronic Flight Delays’
The U.S. Department of Transportation announced a $2 million fine against JetBlue for “operating multiple chronically delayed flights,” marking the first such penalty by the federal agency.
Bureau of Economic Analysis
Sharp downgrades to US unit labor costs bode well for inflation outlook
U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not moderated much.
Aditya Bhave
Motor vehicles, electronic goods lift US retail sales in October
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
3M
Wall Street tumbles as yields jump; Verizon slides
U.S. stock indexes sagged on Tuesday as rising Treasury yields impacted rate-sensitive sectors, while investors evaluated earnings to assess the health of American companies.
appliance stores
Strong discretionary spending lifts US retail sales in September
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
bars
US consumer spending solid in July; inflation rises moderately
Consumer spending increased solidly in July, arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.