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U.K. sees biggest jobless rise since the pandemic
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U.S. weekly jobless claims drop to lowest level since mid-February
Initial jobless claims fell by 5,000 to 207,000 in the week ended April 20, the Labor Department said Thursday.MarketWatch - Business -
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business -
World’s Biggest Election Sees Politicians Pitched Against Actors
Yahoo News - World -
JPMorgan Sees Rising Default Risk in the Private-Credit Market
Stress in the private-credit market is building despite default rates rising only modestly in the past two years, according to JPMorgan Chase’s asset management group.The Wall Street Journal - World -
JPMorgan Sees Rising Default Risk in the Private-Credit Market
Stress in the private-credit market is building despite default rates rising only modestly in the past two years, according to JPMorgan Chase’s asset management group.The Wall Street Journal - World -
Pending home sales see unexpected jump in March, despite rising mortgage rates
U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.MarketWatch - Business - Mortgage -
US applications for jobless claims fall to lowest level in 9 weeks
Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflationABC News - Top stories -
U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
U.S. birth rate drops to record low, ending pandemic uptick
CDC's provisional figures show a 2% decline in births from 2022 to 2023.CBS News - Top stories -
What is the U.K. plan to send asylum seekers to Rwanda?
Yahoo News - World - United Kingdom
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The battle between athleisure and wider-leg pants is here. That means more trouble for Lululemon, analyst says.
After the skinny jean’s nearly two-decade reign, retailers and clothing makers say looser fits are getting more popular.MarketWatch - Business -
Long-term yields fall for second session as investors focus on Fed, jobs data and Treasury announcements
Rates on U.S. government debt finished slightly lower on Monday as traders looked ahead to the Federal Reserve’s policy decision and April’s official jobs report later this week.MarketWatch - Business -
Oil ends lower on Israel-Hamas cease-fire talks, Canada’s Trans Mountain pipeline expansion
Oil futures declined on Monday, with U.S. prices settling at their lowest in about a month, as efforts to broker a cease-fire between Israel and Hamas helped to ease concerns over potential supply disruptions in the region.MarketWatch - Business - Israel -
Boeing scores $10 billion bond financing in ‘much-needed’ liquidity boost
Fresh off reporting a more than $300 million quarterly loss, Boeing Co. saw robust demand on Monday for its $10 billion corporate-bond deal.MarketWatch - Business