Jobless claims drop slightly, with 250,000 Americans filing for unemployment benefits

foxbusiness.com Claims for unemployment benefits fell to 250,000 in the week ended Aug. 13. That is above the 2019 pre-pandemic average of 218,000 claims. It just narrowly missed topping the eight-month high of 261,000 recorded in...

Jobless claims drop slightly, with 250,000 Americans filing for unemployment benefits

foxbusiness.com Claims for unemployment benefits fell to 250,000 in the week ended Aug. 13. That is above the 2019 pre-pandemic average of 218,000 claims. It just narrowly missed topping the eight-month high of 261,000 recorded in...

Fed Minutes Lean on Inflation, Jobs Data For Rate Hike Direction

thestreet.com The Federal Reserve is likely to use incoming data, as opposed to a preferred policy path, to determine the size of future rate hikes. The minutes indicated that the pace of rate hikes would likely slow over the...

Fed Minutes Lean on Inflation, Jobs Data For Rate Hike Direction

thestreet.com The Federal Reserve is likely to use incoming data, as opposed to a preferred policy path, to determine the size of future rate hikes. The minutes indicated that the pace of rate hikes would likely slow over the...

Fed Minutes Lean on Inflation, Jobs Data For Rate Hike Direction

thestreet.com The Federal Reserve is likely to use incoming data, as opposed to a preferred policy path, to determine the size of future rate hikes. The minutes indicated that the pace of rate hikes would likely slow over the...

FOMC Minutes Preview: Here's What Wall Street Expects

zerohedge.com FOMC Minutes Preview: Here's What Wall Street Expects There are a lot of irrational expectations surrounding today's FOMC minutes. On one hand the minutes are expected to detail the Fed's dovish...

Trump once again says economic data is fake news

aol.com Donald Trump has assailed the government’s official economic data this summer by calling it “phony” or “fake news." He likes to say the “actual” number for jobs statistics or the inflation rate would be much more...

Futures Reverse Early Losses As Walmart Beat Sparks Relief Buying

zerohedge.com Futures Reverse Early Losses As Walmart Beat Sparks Relief Buying US stock futures drifted modestly lower after hitting a 4-month high just above 4,300 during Monday's session, boosted by solid earnings...

Gold Down, But Not Out; Charts Say “Upside Intact” as Just Below $1,800

investing.com By Barani Krishnan Investing.com -- Is the gold rally already over? Not quite, according to chart signals, although $20 drops or more in a day can be quite unnerving to longs in the game. The benchmark gold futures...

Analysts warn the stock market still has further to fall

foxbusiness.com The recent rally in the U.S. stock market will likely prove to be short-lived, according to Morgan Stanley analysts. Equities have climbed steadily high since mid-June, thanks to some weaker economic data that buoyed...

Tech companies shed workers even as the talent shortage rages on

cnbc.com July jobs report showed robust growth in job creation and a record-low unemployment rate. Many tech companies overhired during the pandemic and now need to trim staff and save money. More than a half million jobs...

Economy: U.S. adds jobs despite recession fears

theweek.com The smartest insight and analysis, from all perspectives, rounded up from around the web: After another stellar jobs report, it's time to give credit to the White House, said Paul Waldman in The Washington Post....

Jobless claims rise to highest level in 2022

foxbusiness.com The number of Americans filing for unemployment benefits ticked higher last week. It is the highest level since mid-November. Continuing claims, or the number who are consecutively receiving unemployment aid, rose...

What The July U.S. Jobs Report Says About The Great Resignation

forbes.com The July jobs report adds evidence that the Great Resignation is an indication of talent shortages that could last for the long term. Amid concerns over inflation and potential recession, effective leaders take...

Futures Storm Higher As Nasdaq Bull Markets Sparks FOMO Chase

zerohedge.com Futures Storm Higher As Nasdaq Bull Markets Sparks FOMO Chase US equity futures extended their post-CPI miss gains (for reasons laid out last night by Goldman's trading desk which sees $13 billion in...