Jobless Claims Drop Sharply in Latest Week Supporting Feds Assessment That Labor Market Is Solid
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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 -
A market in suspense
Plus: what’s the point of stablecoins?Financial Times - 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 -
McConnell: Biden selling out to Big Labor by blocking US Steel deal
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s ...The Hill - Jan. 9 -
Service Workers Union Rejoins AFL-CIO After 20 Years as Labor Girds for Trump 2.0
The Service Employees International Union, which has 2 million members, will renew its affiliation with the umbrella labor union, bringing membership to about 15 million.Inc. - 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 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
Militants abduct 16 laborers working on a mining project in restive northwestern Pakistan
Pakistani officials say militants ambushed a vehicle in the restive northwest and abducted 16 laborers working on a mining projectABC News - Jan. 9 -
The race to claim the Moon’s airwaves
Increased share of commercial radio spectrum filings shows bet on future lunar economy, FT research findsFinancial Times - Jan. 9 -
Dockworkers and port operators strike labor deal, again dodging strike
Automation was at the center of a long-running labor dispute that threatened to close East and Gulf Coast ports.CBS News - Jan. 8 -
Port Strike Averted With Labor Deal Days Before Deadline
Dockworkers and employers on the East and Gulf Coasts had until Jan. 15 to reach a new agreement that settled differences over automation.The New York Times - 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 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 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 -
Lawmakers play the market
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Dozens of lawmakers beat stock market: report More than two dozen lawmakers once ...The Hill - 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 -
The latest forecast covering the UK
BBC weather presenter Darren Bett has the latest UK forecast for Tuesday.BBC News - 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 -
John Deere unveils more autonomous farm machines to address skill labor shortage
John Deere has revealed a new line of autonomous machines and tech across agriculture, construction and commercial landscaping.VentureBeat - 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 -
See the latest forecast covering the UK
The BBC's Carol Kirkwood explains what the next few days will look like across the UK.BBC 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
