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Weekly Applications for Us Jobless Benefits Fall to the Lowest Level in 4 Months

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  • Jobless claims retreat for third straight week, hit lowest level since May

    Initial jobless claims fell by 12,000 to 216,000 in the week ending Oct. 26, compared with economists’ expectations that claims would rise to 230,000.
    Business - MarketWatch - October 31

  • Starmer rejects calls for slavery reparations ahead of Commonwealth summit

    PM plans to focus on ‘future-facing challenges’ such as climate change but Caribbean leaders hope to raise the issue
    World - Financial Times - October 23
  • US unemployment applications fall; continuing claims hit highest level since 2021

    US unemployment applications fall; continuing claims hit highest level since 2021

    The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years
    Top stories - ABC News - October 24
  • Gaza aid falls to lowest level since start of war despite US warning to Israel

    Gaza aid falls to lowest level since start of war despite US warning to Israel

    Biden administration letter threatened to withhold military help if humanitarian crisis did not urgently improve
    Business - Financial Times - October 30
  • Private equity management fees fall to lowest level since records began

    Private equity management fees fall to lowest level since records began

    Fund managers are fighting to secure investors’ money in a tough environment
    Business - Financial Times - October 22

  • Illegal border crossings fall to lowest level since 2020

    U.S. Customs and Border Protection has confirmed previous CBS News reports that illegal border crossings have reached the lowest point of Biden's presidency. CBS News national correspondent Omar ...
    Top stories - CBS News - October 22

  • FirstFT: Partner pay at US law firms hits record levels

    Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme
    World - Financial Times - October 25

  • Job openings in the U.S. fall to the lowest level in 3½ years

    U.S. job openings fell in September to a three-and-a-half year low as as the demand for labor ebbed and businesses waited for the economy to speed up.
    Business - MarketWatch - October 29
  • Inflation falls to lowest level since 2021 in Fed’s preferred gauge

    Inflation falls to lowest level since 2021 in Fed’s preferred gauge

    Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...
    Politics - The Hill - October 31

  • 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
  • UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut

    UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut

    Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy ...
    World - ABC News - October 16
  • Unemployment Applications Rose, But Layoff Levels Are Low

    Unemployment Applications Rose, But Layoff Levels Are Low

    The four-week average of claims fell by 9,750 to 227,250.
    Business - Inc. - Yesterday
  • Teen smoking and other tobacco use drop to lowest level in 25 years, CDC reports

    Teen smoking and other tobacco use drop to lowest level in 25 years, CDC reports

    Teen smoking hit an all-time low in the U.S. this year
    Health - ABC News - October 17

  • CDC reports teen smoking and other tobacco use dropped to lowest level in 25 years

    CDC reports teen smoking and other tobacco use dropped to lowest level in 25 years
    Health - ABC News - October 17

  • UK earnings inequality falls to lowest on record

    Drop comes after successive increases in hourly minimum wage
    World - Financial Times - October 29

  • Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales

    Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.
    Business - CNBC - October 23

  • Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures

    Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.
    Business - CNBC - October 23
  • September home sales drop to lowest level since 2010

    September home sales drop to lowest level since 2010

    Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the ...
    Top stories - NBC News - October 23

  • Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments

    Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.
    Business - CNBC - October 23

  • Global public debt will hit $100 trillion by year-end, says IMF

    The IMF warned of the risks posed by unsustainable public debt levels.
    Business - CNBC - October 23

  • CDC told McDonald's about potential E. coli outbreak late last week

    Roughly a fifth of McDonald's U.S. restaurants are not selling Quarter Pounder burgers at this time.
    Business - CNBC - October 23

  • 10-year Treasury yield briefly tops 4.25%, hits highest level since late July

    The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Fed officials on the trajectory of interest rate cuts.
    Business - CNBC - October 23

  • Watch Ripple CEO Brad Garlinghouse speak live on legal battle with SEC and upcoming election

    Ripple CEO Brad Garlinghouse will speak at DC Fintech Week in Washington, D.C., on Wednesday afternoon.
    Business - CNBC - October 23

  • Abercrombie & Fitch responds to former CEO's sex trafficking arrest, says it will cooperate with law enforcement

    Abercrombie & Fitch said it will cooperate with law enforcement after its former CEO Mike Jeffries was arrested on sex trafficking and related charges.
    Business - CNBC - October 23

  • Tesla investors have a lot of questions for Musk about Trump

    On a forum that Tesla uses to solicit questions from investors ahead of earnings, there are a bunch of questions about Republican nominee Donald Trump.
    Business - CNBC - October 23

  • IBM stock slips on disappointing consulting and infrastructure revenue

    IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.
    Business - CNBC - October 24

  • Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

    Revenue for the third quarter grew about 94% year-on-year.
    Business - CNBC - October 24

  • Tim Cook is likely visiting China to bolster support for Apple Intelligence, analysts say

    The CEO met with China's Minister of Industry and Information Technology as well as the heads of some local companies, including China Mobile and Weibo.
    Business - CNBC - October 24

  • Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

    British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.
    Business - CNBC - October 24
  • Silicon Valley’s General Catalyst raises $8bn in global push

    Silicon Valley’s General Catalyst raises $8bn in global push

    New money is the largest sum raised by a venture capital firm in more than 2 years
    Business - Financial Times - October 24

  • Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

    Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.
    Business - CNBC - October 24

  • Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

    Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.
    Business - CNBC - October 24

  • Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft

    As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.
    Business - CNBC - October 24

  • Top 10 things to watch in the stock market Thursday, including news on Nvidia, 3 other Club stocks

    The S&P 500 was trying to break a three-session losing streak.
    Business - CNBC - October 24

  • Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency

    Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.
    Business - CNBC - October 24

  • Generative AI is onboarding hundreds of employees at a time, better and faster

    Onboarding new employees is a core responsibility of talent leaders. It's increasingly being turned over to AI.
    Business - CNBC - October 24

  • OpenAI disbands another safety team, head advisor for 'AGI Readiness' resigns

    OpenAI is disbanding its "AGI Readiness" safety team, which advised the company on its capacity to handle the outcomes of increasingly powerful AI.
    Business - CNBC - October 24
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