Jobless Claims Drop Sharply in Latest Week Supporting Feds Assessment That Labor Market Is Solid
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Support for Trump’s Policies Exceeds Support for Trump
A new poll found the public is sympathetic to the president-elect’s plans to deport migrants and reduce America’s presence overseas.The New York Times - Jan. 18 -
Why the stock market turned around this week — plus, the portfolio winners and losers
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Jan. 17 -
Slaughterhouses Settle 3 Child Labor Cases With Feds
Agribusiness giants Purdue Farms and JBS Foods, along with a slaughterhouse cleaning company, paid about $8.4 millions in fines for having underaged workers in dangerous jobs.Inc. - Jan. 17 -
Child labor in slaughterhouses spotlighted by 3 settlements this week
JSB and Perdue Farms agreed to settlements of $4 million each, while QSA, which employed 54 children, will pay $400,000.CBS News - Jan. 17 -
The bull market faces a Trump ‘reality check’ next week, says this strategist. Here’s the trade to make.
Stocks are very vulnerable to news of harsher-than-hoped-for tariffsMarketWatch - Jan. 17 -
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.CNBC - Jan. 16 -
Jobless claims rise in latest week, in part due to California wildfires
Still, the labor market remains resilient.MarketWatch - Jan. 16 -
The Fed Could Give the Stock Market Exactly What It Wants
A key inflation metric cooled for the first time in six months.Inc. - Jan. 16 -
How Labor Market Tensions Are Shifting the Advantage to Employers
After commanding better salaries, benefits, and work arrangements for most of the post-pandemic period, employees see the balance now tilting back to bosses, who are focused on cutting costs.Inc. - Jan. 15 -
Here are the 8 things we're watching in the stock market in the week ahead
Inflation data and bank earnings will take center stage.CNBC - Jan. 12 -
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.CNBC - Jan. 10 -
Outgoing ambassador assesses state of U.S.-China relations
Ambassador Nicholas Burns spoke to NBC News’ Janis Mackey Frayer about China’s position in the world, and its precarious relationship with the U.S.NBC News - Jan. 10 -
Putting some perspective on Britain’s bad markets week
At times like these, it’s worth remembering just how bad Kwasi Kwarteng was as chancellorFinancial Times - Jan. 10 -
Labor Market Ends 2024 With a Bang
Surprisingly, employers added 256,000 jobs in December 2024, and unemployment ticked down.Inc. - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.NBC News - Jan. 10 -
Friday's jobs report could present a mixed view of the labor market. Here's what to expect
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.CNBC - Jan. 10 -
Mercedes-Benz Car Sales Drop Amid Challenging Market
Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.The Wall Street Journal - Jan. 10 -
BBC reporter assesses destruction on fire-ravaged street
At least five people have died as a result of the Eaton fire as the blaze remains 0% contained, officials say.BBC News - Jan. 9 -
Metal Gear Solid Delta: Snake Eater Still Doesn't Have A Release Date
One of Konami's next big games is Metal Gear Solid Delta: Snake Eater , a remake of the 2004 game. With the calendar now changed over to 2025, that means 2024 came and went entirely without Konami ...GameSpot - Jan. 9 -
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.MarketWatch - Jan. 9 -
Dem support of immigration bill latest sign of vanishing Trump resistance
"There almost is a level of resignation it seems," said one former adviser.Politico - Jan. 8 -
Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market
Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.Inc. - Jan. 8 -
US applications for jobless claims fall to 201,000, lowest level in nearly a year
U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffsABC News - Jan. 8 -
Jobless claims fall to a nearly one-year low as Trump set to take office
The number of people who applied for unemployment benefits in the first week of the new year fell to an 11-month low, the latest sign layoffs remain extremely low even as businesses cut back on ...MarketWatch - Jan. 8 -
Labor Board Says Google Should Have to Bargain With Contractors’ Union
A National Labor Relations Board complaint says that as a joint employer of workers from IT staffing firm Accenture Flex, the tech giant should be obliged to negotiate with its union.Inc. - Jan. 7 -
Shein's Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.The Wall Street Journal - Jan. 7 -
Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - Jan. 7 -
Nvidia Drive Hyperion platform passes key safety assessments for autonomous vehicles
Nvidia today announced that its autonomous vehicle (AV) platform, Nvidia Drive AGX Hyperion, has passed industry-safety assessments.VentureBeat - Jan. 7 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
Macron declares Trump has 'solid ally' in France, urges realism from Ukraine
French President Emmanuel Macron extended an olive branch to U.S. President-elect Donald Trump on Monday, declaring that France is “a solid ally” as he outlined his vision for global diplomacy in 2025ABC News - Jan. 6 -
Draymond shares blunt assessment of Edey after Warriors-Grizzlies
Warriors forward Draymond Green offered a blunt assessment of Grizzlies rookie center Zach Edey after Golden State beat Memphis on Saturday night.Yahoo Sports - Jan. 5 -
Here are the 5 things we're watching in the stock market in the week ahead
Nvidia's Jensen Huang will be at CES, and investors will get a fresh batch of labor market data.CNBC - Jan. 5 -
Carter funeral may be attractive target for extremists, new security assessment warns
There are no known threats to the state funeral for Carter, but it is an attractive target "for violent extremists to attack," according to a new security assessment.ABC News - Jan. 3 -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - Jan. 3 -
Law enforcement concerned about copycat vehicle-ramming attacks; Biden to visit New Orleans next week – latest updates
President and first lady to travel to New Orleans on Monday. New Orleans’s famed Bourbon Street tries to return to normalcy after attack The deadly New Year’s Day terrorist attacks in New ...The Guardian - Jan. 3 -
Jobless claims fall to lowest level in 8 months to end 2024
The number of people filing new applications for unemployment insurance fell to the lowest level since last April as the job market showed signs of strength within a broader cooling off in ...The Hill - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
NFL Week 18 injury tracker: Latest updates on Jalen Hurts, Brock Purdy, Tua Tagovailoa, Alvin Kamara and more
Breaking down the midweek injury reports for each teamCBS Sports - Jan. 2 -
NFL Week 18 odds, picks: Vikings claim NFC North title, No. 1 seed with win vs. Lions; Bengals beat Steelers
Here's how Week 18 in the NFL is shaping up as we finish the 2024 regular seasonCBS Sports - Jan. 1
