Jobless claims drop to lowest level in three weeks, supporting Fed’s assessment that labor market is solid
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Weekly Jobless Claims Drop More Than Expected
While job opportunities are becoming harder to find, the low layoff rate meant better results than the Labor Department’s forecast.Inc. - 5h -
Job Market ‘Solid,’ Inflation ‘Remains Somewhat Elevated,’ Fed Says
Despite inflation, all told, the economy is holding steady.Inc. - 23h -
2-year Treasury yield ends at lowest level in a week as Fed meeting shifts into focus
Yields on U.S. government debt finished lower on Friday and were little changed for the week, as traders absorbed President Donald Trump’s views on interest rates and China.MarketWatch - 6d -
California wildfires boost U.S. jobless claims to six-week high
The number of people who applied for U.S. unemployment benefits in mid-January climbed to a six-week high, but a temporary surge in California because of the massive wildfires was one of the chief ...MarketWatch - Jan. 23 -
Treasury yields end at lowest levels in weeks on rate-cut possibilities
Yields on U.S. government bonds ended at their lowest levels in weeks on Thursday after one key policymaker spoke about the possibility of multiple 2025 interest-rate cuts by the Federal Reserve.MarketWatch - Jan. 16 -
Jobless claims rise in latest week, in part due to California wildfires
Still, the labor market remains resilient.MarketWatch - Jan. 16 -
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 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 -
US unemployment claims fall to the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job securityABC News - Jan. 2
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D.C. plane collision underscores rarity of fatal aviation crashes in the U.S.
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Mastercard earnings set an upbeat tone for fintech stocks. These numbers stand out.
Among the highlights from Mastercard’s report were a pickup in U.S. volumes and an encouraging outlook for the year.MarketWatch - 48m -
UPS to cut its Amazon business by more than 50%. Here’s why.
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Intel shows signs of progress in the face of another revenue decline
The company says some customers may have stocked up on product ahead of tariffs.MarketWatch - 55m
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67 believed dead after American Airlines plane collides with Army helicopter
An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.CNBC - 14m -
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Apple misses on iPhone revenue, sees 11% drop in China sales
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 26m -
Intel issues weak forecast, citing seasonality and an uncertain economy
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 32m -
UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.CNBC - 32m