Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong

Unemployment Applications Rose, But Layoff Levels Are Low

The four-week average of claims fell by 9,750 to 227,250.

Business - Inc. - 22 hours ago

What a new labor contract could mean for Boeing

About 33,000 striking Boeing workers were voting Wednesday on whether to ratify a new contract with the embattled aircraft manufacturing giant. The four-year deal comes with a 35% pay hike, as well ...

Jobless claims fall again as hurricane effects fade. Layoffs back to very low levels.

The number of Americans who applied for unemployment benefits last week fell sharply for the second week in a row to 227,000, reversing a spike in claims earlier in the month after a pair of major ...

Business - MarketWatch - October 24

Why expectations are low for the EU-Gulf leaders’ summit

Also in this newsletter: Brussels calls on EU capitals to send aid to Lebanon

World - Financial Times - October 16

Trump Claims Victory: What It Means for Global Markets

Investors poured into stocks, crypto, and meme tokens overnight to position for a second Trump White House.

Business - Inc. - 2 days ago

The mysterious world of Two Shell: ‘Our pranks don’t mean we’re not sincere’

They promised us an in-person interview – then sent along two decoys. So who are the enigmatic musicians who make it so hard for fans to hear their thrillingly alien music?. Two Shell, a buzzy ...

World - The Guardian - October 29

Why House GOP women are struggling to grow their numbers

Republican women have grown frustrated as they've watched their gains in the chamber stagnate — and it seems likely they’ll see losses in 2025.

Politics - Politico - 3 days ago

BP's Profit Hits Four-Year Low on Commodity Market Weakness

BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.

Business - The Wall Street Journal - October 29

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

The Stock Market Looks as Strong as Ever, but History Warns of a Bubble

Investors are on the brink of the worst decade of returns ever, according to Goldman Sachs.

Business - Inc. - October 22

IAG Earnings Soar Above Market Views on Strong Demand

The British Airways owner said earnings rose ahead of expectations with solid demand driving an increase in revenue.

Business - The Wall Street Journal - 22 hours ago

Kiss chaste: number of high school boys in Japan who have had first kiss falls to record lows

Polls showing downward trend in kissing indicates a move away from ‘real physical sexual activity’ that could affect country’s birthrate, experts say. Just one in five of boys at senior high school ...

World - The Guardian - 4 days ago

Don’t be beguiled by the apparent calm reigning in US bond markets

The outcome of the presidential election could yet cause a crisis of confidence

Business - Financial Times - October 25

Don’t take the betting market odds on Tuesday’s U.S. election too seriously

This year’s U.S. presidential election has suddenly made betting on politics a topic of mainstream conversation.

Business - MarketWatch - 4 days ago

The Memo: What we know, and what we don’t, about early voting numbers

There may be two weeks left before Election Day, but the 2024 election is well underway. Around 18 million Americans had cast their ballots, either by mail or in early in-person voting, by Tuesday. ...

Politics - The Hill - October 23

U.S. Factory Towns Laid Low by the ‘China Shock’ Are Benefiting From New Investments

Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.

Business - The New York Times - November 1

US economic growth is strong — so why cut rates?

Only borrowers such as struggling commercial property and debt-laden zombie companies will benefit

World - Financial Times - October 17

Here’s Why People Feel Like a Strong U.S. Economy Is Passing Them By

Many people feel they aren’t getting their share of strong economic expansion—and that isn’t always a disconnect from reality, according to new research.

Business - Inc. - October 29

Here's what a Kamala Harris or Donald Trump win would mean for the stock market

The stock market has soared during the presidential campaign. Will it continue?

What Japan’s Political Uncertainty Means for Its Market Rally

The long-ruling Liberal Democratic Party has lost its parliamentary majority, raising questions about the policy stability that has lured investors.

Business - The New York Times - October 28

What a Republican sweep in Congress could mean for the stock market—in one chart

Stocks have posted a positive annual return in 13 consecutive years when control of Congress has been split between Democrats and Republicans.

Business - CNBC - Yesterday

Nvidia is the ‘single most important company’ for investors. These numbers prove why.

Nvidia’s stock packs the ability to take big swings regularly, even as the company’s market cap has swelled enough to garner large weightings in indexes.

Business - MarketWatch - October 16

87.5: Why it's time to panic for the Denver Nuggets | The Big Number

The Big Number this week is about Russell Westbrook, but it says much more about the Denver Nuggets' offense and championship window. Join Tom Haberstroh and Dan Devine as they go through all the ...

Sports - Yahoo Sports - October 31

What tariffs do and why economists don't like them

“The most beautiful word in the dictionary is tariff,” former President Donald Trump told the Economic Club of Chicago last week.

Ghost jobs: why do 40% of companies advertise positions that don’t exist?

A survey has revealed that the practice is widespread, with many companies going as far as fake-interviewing too. Name: Ghost jobs.. Age: Old, but increasingly common. Continue reading...

World - The Guardian - October 30

Why Chinese Are Rushing Into a ‘Casino’ Stock Market

Steps to bolster the economy have set off a stock buying frenzy. Our columnist spoke to Chinese investors about why they are jumping in knowing the risks.

Business - The New York Times - October 21

Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - October 23

Why tuition fees are set to rise - and what this means for students

With the cost of living rising, many students are concerned about the growing financial pressures at university

‘Some airline passengers are gross’: I don’t understand why they cheat to board early. Why do they act like savages?

American Airlines is targeting “gate lice” with technology that sets off an alarm when a passenger tries to skip their group number.

Business - MarketWatch - October 28

Terrifier 3: this low-budget film makes audiences vomit. Why is it No 1 at the US box office?

How did a $2m horror sequel trump $200m movie Joker: Folie à Deux this weekend? By shocking viewers – and steering clear of songs. Name: Terrifier 3.. Age: Three days old. Continue reading...

World - The Guardian - October 14

With Spain still mourning Valencia’s flood victims, why did La Liga play on? | Sid Lowe

Games in the region were called off but elsewhere, players and coaches with ties to the area had to push grief aside. Thousands of people were at Mestalla this weekend, huge queues all along ...

World - The Guardian - 4 days ago

America’s economy looks strong. So why is Wall Street worrying about renters and younger borrowers?

It isn’t only subprime — renters and younger borrowers are weaker spots in an otherwise solid backdrop for consumer debt.

Business - MarketWatch - October 21

Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.

Business - MarketWatch - October 30

Why a strong female support base wasn’t enough to help Kamala Harris clinch a presidential win

Trump ran on a promise to fix the economy and to be different from the current administration. That was enough to overcome his weaknesses on the abortion issue.

Politics - NBC News - 2 days ago

The Fantasy Football Numbers Do Lie: Why Deebo Samuel's WR33 rank is deceiving

Dalton Del Don identifies some of fantasy football's most-deceiving stats ... including Deebo Samuel's rank as the WR33 on the season.

Sports - Yahoo Sports - Yesterday

Social Media Layoffs Hit Meta

The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.

Business - Inc. - October 17

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