Economic Report Jobless Claims Show No Spike in Layoffs
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Jobless claims fall slightly to 210,000, underscoring strong labor market
The number of Americans who applied for unemployment benefits last week fell slightly to 210,000 and continued to hover at very low levels in a sign of strength for the economy.MarketWatch - Business -
Insurers Report Rising Hail Damage Claims
Inflation is driving up the cost of materials and labor to repair roofs and cars. Adding to insurers’ costs is increased development in areas affected by severe storms.The New York Times - Business -
Biden pulls even with Trump as economic view improves slightly, CNBC survey shows
Forty-six percent of voters in the CNBC All-America Economic survey chose Trump and 45% picked Biden.CNBC - Business - Joe Biden -
How the Atlantic Went From Broke to Profitable in Three Years
The publication’s new chief executive raised subscription prices, and moved away from day-to-day news coverage to focus on deeply reported stories with broad appeal.The Wall Street Journal - World -
Home Depot Buys Roofing Distributor in $18 Billion Deal
The retailer said it would acquire SRS Distribution in a deal with a value of $18.25 billion, which includes assumed debt.The Wall Street Journal - World -
First Medicare Health Plans to Start Paying for Weight-Loss Drug Wegovy
The first major U.S. health insurers have agreed to start paying for the popular anti-obesity drug Wegovy for certain people on Medicare with heart-related conditions.The Wall Street Journal - World -
Between Two Blackouts Emerged a Different New York
As I got in my car, I noticed that the window lights began to flicker and die.The Wall Street Journal - World - New York -
Fresh blow for Rwanda deportation plan as report shows extreme poverty and hunger
Foreign Office paper says not enough being done, with over half the population living on less than $1.90 a day. UK politics – latest updatesNew fears have arisen about the suitability of Rwanda as a destination to send UK asylum seekers after a ...The Guardian - World -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.The Wall Street Journal - Business -
Xbox's Phil Spencer Reflects On Recent Mass Layoffs
Microsoft Gaming CEO Phil Spencer has defended and explained Microsoft's recent decision to lay off 1,900 people from the Xbox division. He told Polygon that Xbox is a business, and like many other businesses, Spencer's job is to make profits. ...GameSpot - Tech -
Puerto Rico has declared an epidemic following a spike in dengue cases
Puerto Rico has declared an epidemic following a spike in dengue casesABC News - Top stories -
Puerto Rico has declared an epidemic following a spike in dengue cases
Puerto Rico has declared an epidemic following a spike in dengue casesABC News - Health -
Dow Industrials Remain Just Below 40000 Milestone
The S&P 500, Dow and Nasdaq struggled for direction, after advancing yesterday.The Wall Street Journal - World -
Independent Games Festival starts with sober message on game industry layoffs
The Independent Games Festival opened on a sober note in recognition of layoffs in the game industry.VentureBeat - Tech -
GameStop Confirms More Layoffs, Share Price Tumbles After Sales Slide
GameStop has published its latest earnings briefing, and as part of it, the video game retailer said it was cutting an unspecified number of jobs, according to Reuters.. These layoffs could be part of the previously announced plan to close a ...GameSpot - Tech -
GameStop makes layoffs as video game retailer looks for profitability boost
GameStop Corp. has been cutting jobs, the video game retailer and original meme stock said this week.MarketWatch - Business -
Walgreens to cut costs by $1 billion this year, with layoffs and store updates
Walgreens’ stock seesawed around the flatline Thursday, after the drugstore chain swung to a large quarterly net loss and trimmed its full-year outlook, but also reported the biggest beat for quarterly adjusted profit in at least five years.MarketWatch - Business -
Economic impact of Baltimore bridge collapse
Operations at the Port of Baltimore were halted after the Francis Scott Key Bridge collapsed Tuesday. The collapse will impact shipping routes and trade in the region. David Lynch, a global economics correspondent for the Washington Post, joins ...CBS News - Top stories -
Use of abortion pills for self-managed abortion spiked sharply post-Roe: Research
The number of abortion pills obtained outside the traditional U.S. health care system spiked considerably in the months after the Supreme Court overturned Roe v. Wade, according to new data. There were nearly 28,000 additional doses of pills for ...The Hill - Politics - Abortion -
Hunt: We'll keep 'triple lock' on pension increases if we win election
Chancellor Jeremy Hunt says it's an expensive commitment but one his party is confident it can deliver.BBC News - Top stories -
Sizing Up the Economic Impact of the Baltimore Bridge Collapse
With vessel traffic suspended at the Port of Baltimore, companies that transport cars and coal are looking for alternatives.The Wall Street Journal - Business -
Economic fallout from Key Bridge collapse
In addition to the human toll, the collapse of the Francis Scott Key Bridge will also send ripples throughout the economy far beyond Baltimore. The crumpled bridge is now blocking a key waterway for shipping routes. Ramy Inocencio has more.CBS News - Top stories -
Biden vs. Trump: A Choice, Not an Echo, on Economic Policy
The presidential nominees have very different views on climate, taxes, trade, entitlements and labor.The Wall Street Journal - World - Joe Biden -
Economic experts slash growth forecasts for Germany
Five leading institutes expect expansion of just 0.1 per cent in 2024 as exports fall and domestic demand fails to pick upFinancial Times - World -
Nobel prize-winning psychologist Kahneman dies
In his book Thinking, Fast and Slow, the Nobel laureate argues humans act mostly on instinct, not logic.BBC News - Top stories -
Died: Daniel Kahneman, 90, pioneer in behavioral economics.
Died: Daniel Kahneman, 90, pioneer in behavioral economics.The Wall Street Journal - World -
Nikkei Up 0.5%, Led by Auto, Bank Stocks
Japanese stocks were higher, led by gains in auto and bank shares, following signs of U.S. economic strength and selloffs related to the ex-dividend date on ThursdayThe Wall Street Journal - World -
California Fast Food Workers Hit With Layoffs Ahead of Law Raising Minimum Wage to $20 an Hour
As an April 1 deadline to raise hourly wages by 20 percent nears, fast-food businesses across the state cut staff levels to reduce costs.Inc. - Business - California -
Canada Goose to cut 17% of its corporate workforce, following string of retail layoffs
Canada Goose said Tuesday that it will cut about 17% of its corporate workforce as consumers continue to pull back on discretionary spending.CNBC - Business -
How Russia pushed false claims about Moscow attack
BBC Verify examines how the campaign to blame Kyiv unfolded.BBC News - Top stories - Russia -
"48 Hours" show schedule
True crime. Real justice. To miss it would be a crime.CBS News - Top stories -
The right way to neutralize China’s unfair economic advantage on climate
China, despite having grown into the world’s second largest economy and largest exporter, is still classified by the United Nations as a developing nation under several important environmental treaties.The Hill - Politics - Climate -
Week Ahead for FX, Bonds in Asia-Pacific: Focus Turns to Economic Data
After a week of multiple central-bank decisions around the globe, focus now turns to economic data as investors seek clues as to their next moves.The Wall Street Journal - World -
Americans pay a steep economic price for Washington’s failure to confront Russia and Iran
Long-term consequences from short-sighted policies in Europe, the Middle East and China.MarketWatch - Business - Iran -
Who owns the ship that struck the Francis Scott Key Bridge in Baltimore?
The Port of Baltimore is the ninth busiest port in the U.S. and supports hundreds of thousands of jobs.CBS News - Top stories -
Transportation Secretary Pete Buttigieg addresses economic toll of Baltimore bridge collapse
In the aftermath of the catastrophic collapse of the Francis Scott Key Bridge in Baltimore, U.S. Transportation Secretary Pete Buttigieg talks about the significant repercussions on national supply chains.CBS News - Politics -
Daniel Kahneman, Nobel-Winning Pioneer of Behavioral Economics, Dies at 90
Kahneman and his friend Amos Tversky, who died in 1996, upended traditional economic assumptions that people consistently act rationally and with their self-interest at heart.The Wall Street Journal - World -
Daniel Kahneman, Who Plumbed the Psychology of Economics, Dies at 90
He helped pioneer a branch of the field that exposed hard-wired mental biases in people’s economic behavior. The work led to a Nobel.The New York Times - Business -
Nobelist Daniel Kahneman, a pioneer of behavioral economics, is dead at 90
Daniel Kahneman, a psychologist who won a Nobel Prize in economics for his insights into how ingrained neurological biases influence decision making, has diedABC News - Top stories -
Economic Data vs. Consumer Feelings: What the Gap Means for Biden
The U.S. economy—by many measures—is doing great. But many voters think otherwise. Here’s what the data say about why voters feel so bad about the economy and what it could mean for Biden in the 2024 election.The Wall Street Journal - World - Joe Biden