Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening

• 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 - 3h
• 

  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

• Unemployment claims rise to 242,000, the highest in 3 months

  Figures do not include layoffs ordered by the Department of Government Efficiency. Analysts expect those to show up in coming weeks.
  
  CBS News - 3h
• 

  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 - 4h

• 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 - 2h
• 

  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 Kyiv
  
  Financial Times - 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 - 2h

• 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 - 48m

• Venu is done. Here's how Fox, Disney and WBD plan to go it alone in sports streaming

  Fox, Disney and Warner Bros. Discovery disbanded their efforts to launch Venu, a joint sports streaming service.
  
  CNBC - 25m

• Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units

  The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this month
  
  CNBC - 9m

• 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 - 2h

More in Business

• Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units

  The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this month
  
  CNBC - 9m

• Here’s why the U.S. is not working to vaccinate birds against avian flu

  More than 160 million birds have been culled during the bird-flu outbreak that started in 2022. So why is the U.S. not vaccinating chickens?
  
  MarketWatch - 16m
• 

  One Hyde Park residents sue over ‘corrosion’

  Owners of luxury London development take Laing O’Rourke unit to court for £35mn
  
  Financial Times - 17m

• Venu is done. Here's how Fox, Disney and WBD plan to go it alone in sports streaming

  Fox, Disney and Warner Bros. Discovery disbanded their efforts to launch Venu, a joint sports streaming service.
  
  CNBC - 25m

• Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million

  Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.
  
  MarketWatch - 26m