Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening
Read more at CNBC
Topics
-
Jobless claims match 3-month high as Trump White House readies more federal job cuts
The number of people who applied for unemployment benefits last week matched a three-month high, possibly reflecting the first wave of what’s likely to be a flood of laid-off federal employees and ...MarketWatch - 2h -
Egg prices expected to rise more than 40 percent in 2025: USDA
Tired of soaring egg prices? Don't expect relief anytime soon, according to a new USDA forecast.The Hill - 1d -
More than 150,000 Canadians sign petition to revoke Musk’s citizenship
Parliamentary petition launched due to billionaire’s link to Trump, who has repeatedly threatened to conquer Canada. More than 150,000 people from Canada have signed a parliamentary petition ...The Guardian - 3d -
Jobless Claims Rise a Little, But Do Not Yet Reflect DOGE Layoffs
Unemployment claims for the week of Feb. 15 were slightly more than expected, but don’t yet reflect the aggressive efforts of Elon Musk’s group.Inc. - Feb. 20 -
Yields inch up after GDP data, jobless claims as Trump makes fresh tariff threat
U.S. government debt sold off Thursday morning, pushing the 10-year yield up from an 11-week low, after a strong updated reading of fourth-quarter economic growth and President Trump’s fresh tariff ...MarketWatch - 2h -
Jobless claims may have just fired the clearest recession warning yet — here’s why investors should be worried
Layoffs by Elon Musk and his “DOGE,” along with signs of a slowing economy, spark questions about a potential serious stumble for the economy.MarketWatch - 42m -
German Central Bank Loss Points to More Economic Woes for Germany
The central bank’s president said it was “not possible to rule out” a third year of no economic growth.The New York Times - 1d -
Ukraine to sign critical minerals deal ‘in the very short term’, US claims
National security adviser Mike Waltz tells conference that ‘economic partnership’ will be ‘good’ for KyivFinancial Times - 5d -
Teladoc shares tumble on wider-than-expected loss, disappointing revenue guidance
Teladoc shares fell after the company reported fourth-quarter results that showed slowing revenue growth and weak guidance.CNBC - 19h -
More than 40,000 items knitted for Ukraine appeal
Yahoo News - 4d -
The Callisto Protocol Dev Cuts More Jobs In Gaming's Latest Layoffs
Striking Distance Studios, the Krafton-owned game studio that made 2022's The Callisto Protocol and 2024's Redacted , has undergone a new round of layoffs. This follows on from a previous round ...GameSpot - 2d -
Robinhood says SEC dismissed crypto unit investigation in latest sign of easier regulation for industry
The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company said Monday.CNBC - 2d -
February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
Consumers grew more pessimistic about the economic outlook in February as worries brewed about a slowing economy and rising inflation, the Conference Board reported Tuesday.NBC News - 2d -
February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
The board's Consumer Confidence Index slipped to 98.3 for the month, down nearly 7% and below the Dow Jones forecast for 102.3.CNBC - 1d -
Trump signs executive order giving Musk and DOGE more power
President Donald Trump signed an executive order giving Elon Musk and DOGE more power. The order will require agency heads to track contracts and payments. It will also freeze credit card payments ...NBC News - 17h -
Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires
Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.MarketWatch - 1d -
Amazon paid more than $1bn to take creative control of James Bond
007 stars offer mixed reactions to deal with the British-American heirs to the film producer Albert ‘Cubby’ Broccoli. Business live – latest updates Amazon has paid more than $1bn for ...The Guardian - 6d -
Tesla recalls more than 376,000 vehicles over power steering issue
Loss of power steering caused by overstressed motor drive components will require increased steering effort from driver, raising risk of crash, NHTSA says.CBS News - 5d -
Tesla recalls more than 375,000 vehicles for power steering issue
Tesla is recalling more than 375,000 vehicles in the United States due to a power steering issues, the National Highway Traffic Safety Administration announced Friday.NBC News - 6d -
'I make more in one hour on TikTok than a day in the shop'
Laura Mallows sells most of her products via TikTok but "dreams" of opening a physical shop once more.BBC News - 5d -
China’s private sector needs more than warm words
Reviving the nation’s animal spirits will require consistent efforts to win investors’ trustFinancial Times - 4d -
More than half of countries are ignoring biodiversity pledges – analysis
Many of the nations gathering in Rome for Cop16 have offered no plans to honour their agreement to protect 30% of land and sea for nature. More than half the world’s countries have no plans to ...The Guardian - 3d -
Americans' views of Israel, Ukraine, Mexico more divided than ever: Gallup
A new Gallup poll shows a deepening partisan divide in the US over Israel, Ukraine, and Mexico, with Republicans viewing Israel and Ukraine more favorably, and Democrats holding more favorable ...The Hill - 3d -
Arctic doomsday seed vault gets more than 14,000 new samples
Yahoo News - 2d -
Musk’s DOGE moves will ‘turn out more Democrats than Obama': Carville
Carville told NewsNation that the Tesla billionaire will be "the greatest generator of Democratic turnout, ever, more than Barack Obama."The Hill - 2d -
Unknown illness kills more than 50 in north-west DRC
The outbreak, first discovered in three children who ate a bat, has caused 431 cases and 53 deaths. An unknown illness first discovered in three children who ate a bat has killed more than 50 ...The Guardian - 1d -
Social Security boost for more than 3.2 million coming in April
Social Security Administration says it is immediately starting to pay retroactive benefits due to more than 3.2 million retirees.CBS News - 1d -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - 1d -
Gabbard Says More Than 100 Intelligence Officers Fired for Chat Messages
The chats had been set up to discuss sensitive security matters. But a group of employees used them for discussions that contained sexual themes, intelligence officials said this week.The New York Times - 1d -
Want a Top Quarterback Recruit? They Cost Colleges More Than $1 Million.
Elite student-athletes are cashing in and quarterbacks aren’t the only coveted players capable of earning nine figures.The New York Times - 1d -
'More a procession than a race' - when could Liverpool seal title?
With Liverpool taking a 13-point lead at the top of the Premier League table, BBC Sport looks at when they could wrap up the title.BBC News - 18h -
Argentina’s chainsaw reformer is more orthodox than he looks
The risk is that President Javier Milei declares victory in his economic programme too earlyFinancial Times - 12h -
Pistons stomp Celtics to post longest winning streak in more than a decade
In its previous two seasons, Detroit won 31 games combined. On Wednesday, they won their 33rd game of the season.Yahoo Sports - 14h -
BP’s chief aims to more than double market value to $200bn
Murray Auchincloss predicts ‘tremendous’ demand for oil and gas beyond 2050Financial Times - 6h -
More than 100,000 African seeds put in Svalbard vault for safekeeping
Seeds of 177 species from across Africa to be stored in Norway to preserve crop diversity in case of disaster. More than 100,000 seeds from across Africa have been deposited in the Svalbard Global ...The Guardian - 3h -
England need more variety than just 90mph bowlers - Vaughan
Michael Vaughan criticises England's persistence with selecting out-and-out fast bowlers following their 2025 Champions Trophy exit.BBC News - 4h -
Impact of Musk project on cost-cutting is much less than he claims – report
Associated Press analyzed canceled government contracts and found that 40% will produce no savings. US politics – live updates Elon Musk ’s cost-cutting bonanza appears to be having less ...The Guardian - 2d -
Hamas releases more hostages in exchange for more than 600 Palestinian prisoners as part of ceasefire deal
Yahoo News - 5d -
Hamas to free 6 more Israeli hostages from Gaza Strip in latest step of ceasefire
Hamas is set to free six more Israeli hostages from the Gaza StripABC News - 5d
More from CNBC
-
Trump says Mexico, Canada tariffs will start March 4, plus additional 10% on China
President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect March 4, and that China will be charged an additional 10% tariff.CNBC - 1h -
Pending home sales drop to the lowest level on record in January
Home prices nationally are still higher than they were a year ago.CNBC - 2h -
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
CNBC - 20m -
Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released
Nvidia CEO Jensen Huang spoke with CNBC's Jon Fortt following the chipmaker's quarterly earnings report on Wednesday.CNBC - 1h -
Stripe's valuation climbs to $91.5 billion in secondary stock offer
Stripe announced a tender offer on Thursday that values the company at close to its peak valuation from 2021.CNBC - 3h
More in Business
-
Jim Cramer says 'it's a new market' — plus, time to take some gains in this stock
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - 10m -
Papa John’s says it’s focusing on value in a tough pizza market
The pizza chain’s CEO said he’s pleased with the “early progress” in its transformation.MarketWatch - 20m -
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
CNBC - 20m -
Moderna’s stock stumbles on report HHS is reviewing $590 million award for bird-flu vaccine
The Trump administration is reviewing a contract extended to Moderna in the final days of the Biden administration.MarketWatch - 26m -
Tate brothers arrive in Florida after Romania lifts travel ban
Rightwing influencers Andrew and Tristan face charges in Romania including sexual exploitationFinancial Times - 29m