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The number of Americans applying for jobless benefits inches up, but layoffs remain low
Midland Reporter-Telegram· 4 days agoThe number of Americans applying for unemployment benefits ticked up last week, but layoffs remain...
Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more...
Fortune via Yahoo Finance· 1 day ago"You can call this the Fed Cut Reflexivity Paradox: The more the Fed insists that the next move in...
Key Fed Inflation Rate Revised Lower As GDP Growth Slides; S&P 500 Trims Losses
Investor's Business Daily· 4 days agoMeanwhile, initial jobless claims edged higher. After the data, the S&P 500 pared overnight losses....
Delaware’s unemployment insurance fund poorly managed and can bring risks, experts say
Delaware Online | The News Journal via Yahoo Finance· 3 days agoThe experts, who concluded the fund does not appear to be at risk of failing to pay jobless claims...
America’s Roundup: Dollar slips lower ahead of key inflation data , Wall Street ends down, Gold...
EconoTimes· 3 days agoMarket Roundup US GDP (QoQ) (Q1)1.3%,1.6% forecast,3.4% previous US GDP Sales (Q1)1.7%,2.0%...
Thursday was a sour day for the US economy — with an important silver lining
CNN Business via Yahoo Finance· 3 days agoThe four-week average of 222,500 is the highest since mid-September of last year. Weekly jobless...
Jobs data will steal the spotlight next week. What to watch for in 3 key labor reports
CNBC· 2 days agoDespite a late-session surge Friday, all three major U.S. stock indexes ended the holiday-shortened...
Dow Likely To See Further Downside Amid Steep Drop By Salesforce
RTT News· 4 days agoA steep drop by shares of Salesforce (CRM) is likely to weigh on the Dow, as the cloud-based software company is plunging by 16.5 percent in pre-market trading. Salesforce is under pressure ...
Asian Shares Mixed As China PMI Data Disappoints
RTT News· 3 days agoAsian stocks ended on a mixed note Friday even as a downward revision to U.S. first-quarter GDP data revived hopes for Fed rate cuts this year. Regional gains were capped by hawkish comments ...
North American Morning Briefing: Equity Futures Struggle as Bond Yields Hold Highs
Morningstar· 4 days agoStock futures pointed to an extension of losses for Wall Street on Thursday as Salesforce issued a weak outlook and equities struggled as bond yields traded higher. The jump in government ...