Latest in Jobless Claims Dip Despite Rising Fears of an Economic Slowdown
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Jobless Claims Dip Despite Rising Fears of an Economic Slowdown
Data shows that new unemployment filings are dropping despite worries that Trump policies may be endangering GDP growth prospects.Inc. - 6h -
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 -
Employee Fears of an Economic Downturn Rise on Latest Data
Though recent bumps in joblessness, growth, and inflation data remain minor, workers still worry that Trump’s tariffs, mass federal employee layoffs, and spending cuts could tank the economy.Inc. - 6d -
Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening
Initial filings for unemployment benefits hit their highest level of the year last week.CNBC - Feb. 27 -
Despite critics’ claims, the world still stands with Ukraine
Overall, past and current actions suggest an ongoing global effort to continue helping Ukraine.The Hill - Feb. 26 -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21 -
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 - Feb. 27 -
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 - Feb. 27 -
Jobless claims recede from 3-month high, but unemployment filings jump for federal workers
The first trickle of federal workers losing their jobs showed up last week in U.S. applications for unemployment benefits, but many more filings are likely in the next few months as the full scope ...MarketWatch - 10h -
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 - Feb. 27 -
Trump economic approval ratings sag as inflation fears grow
Polls show that Americans’ confidence is slipping in President Trump’s ability to handle the economy – the most important issue in the 2024 election and the one that likely carried Trump to a ...The Hill - 5d -
Stock market slides on mounting fears over U.S. economic growth
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.CBS News - 8h -
Thailand deports dozens of Uyghurs to China despite torture fears
Rights experts say group, who have been detained for more than 10 years, face risk of disappearance and imprisonment. Dozens of Uyghurs have been deported from Thailand to China in the face of ...The Guardian - Feb. 27 -
As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.NBC News - Feb. 22 -
Consumer confidence plunged in February amid rising economic concerns
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.CBS News - Feb. 25 -
Stagflation fears rise as Trump tariffs take effect, economy slows
Among consumers, long-run inflation expectations are at their highest level in almost 30 years while general sentiment is seeing multi-year lows.NBC News - 2d -
Dow drops 700 points for worst day of 2025 so far on new fears about economic growth
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.NBC News - Feb. 21 -
A samba school rises to Rio Carnival's top league, bringing an economic boom to its poor residents
Carnival always breathes life into the economy of Vila Vintem, on Rio de Janeiro’s west side, but this year there’s even more, with its Unidos de Padre Miguel samba school back in the top parade ...ABC News - 4d -
A samba school rises to Rio Carnival's top league, bringing an economic boom to its poor residents
Carnival always breathes life into the economy of Vila Vintem, on Rio de Janeiro’s west side, but this year there’s even more, with its Unidos de Padre Miguel samba school back in the top parade ...ABC News - 4d -
‘Unqualified henchmen’: fears rise as Trump names far-right podcaster as FBI deputy director
Dan Bongino’s installation in high-ranking law enforcement role sparks concern in both Republicans and Democrats. Fears over the future direction of the FBI have intensified after Donald Trump ...The Guardian - Feb. 24 -
Newborns in Gaza are dying from the cold as fears rise over ceasefire's next phase
Bundled up in baby blankets and wrapped in the warmth of her father’s arms, Sham Al-Shanbari came into the world at a time of relative calm in Gaza, born two weeks ago during the hard-won ceasefire ...NBC News - Feb. 26 -
Tesla’s UK sales rise despite threat of backlash over Musk’s political role
Sales of battery-powered cars jumped in February, with Model 3 and Model Y most popular after Mini Cooper. Sales of Teslas in the UK rose by more than a fifth last month as demand for ...The Guardian - 1d -
Indian carmakers count on SUV sales to ride out slowdown
Pricey sport utility vehicles outperform otherwise flat market in sign only most affluent are in mood to spendFinancial Times - Feb. 24 -
Nvidia revenues hit $39.3B, up 78% in FYQ4 — with no sign of slowdown (updated)
Nvidia reported that its revenue for the third fiscal quarter ended October 27 was $35.1 billion, up 17% from the previous quarter and up 94% from a year ago.VentureBeat - Feb. 26 -
Number of Americans filing for jobless benefits falls as labor market remains sturdy
Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employeesABC News - 10h -
US stocks dip amid concerns over tariffs and consumer belt-tightening
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...The Guardian - Feb. 21 -
We're buying the dip in a tech stock that we trimmed at higher levels this year
The stock is getting hit after issuing light guidance alongside its strong earnings report.CNBC - 1d -
Sen. Kennedy accuses hearing witness of dipping into ‘ketamine stash’
Sen. John Kennedy, R-La., accused a witness of being on ketamine during a Senate Judiciary hearing on combatting antisemitism. Kennedy told Kevin Rachlin, a fellow at the Alliance for ...NBC News - 1d -
Jim Cramer says our newest stock is a buy after dipping on slow start to 2025
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Feb. 21 -
We're buying the dip in an AI data center play still under pressure post-DeepSeek
We see this as an opportunity.CNBC - Feb. 21 -
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 3d -
Business secretary apologises for solicitor claim
Jonathan Reynolds denies "misrepresenting" his legal career after saying he worked as a solicitor.BBC News - Feb. 25 -
Economic partnership will protect the Ukrainian people and the US taxpayer
Trump’s bold international leadership aligns interests and benefits allFinancial Times - Feb. 22 -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - Feb. 23 -
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Satellite rivalries are politicising the world’s economic plumbing
Governments are increasingly wary of relying on foreign communication systemsFinancial Times - Feb. 24 -
Analyzing potential economic consequences of DOGE cuts
The Trump administration ordered the termination of more than 6,000 Internal Revenue Service employees last week. According to a local union, that includes roughly 1,000 IRS workers in Kansas City ...CBS News - Feb. 26 -
UK services exports shine amid economic gloom
Consulting is key to unlocking growth in the face of global headwinds, says analystsFinancial Times - Feb. 27 -
Why Americans are planning an "economic blackout" day
Activists are planning an "economic blackout" day on Feb. 28 to limit spending at major retailers. The move is part of a growing protest to rising prices across the nation. Betty Lin-Fisher, a ...CBS News - Feb. 27
