Weekly initial jobless claims rise to 221,000
- The number of Americans filing for first-time unemployment claims edged up slightly last week, snapping a three-week streak of declines, as possible distortions...
- The number of Americans filing for first-time unemployment claims edged up slightly last week, snapping a three-week streak of declines, as possible distortions...
According to Odaily, following the release of the Consumer Price Index (CPI) data, traders are predicting a 25% chance of the Federal Reserve implementing a third 25 basis point rate cut within the year. This speculation is based on the recent economic indicators and the central bank's monetary policy. The Federal Reserve has already implemented two rate cuts this year in an attempt to stimulate the economy. The potential third cut would further decrease the cost of borrowing, potentially stimulating further economic growth. However, it's important to note that these are predictions and the actual decision will depend on various factors including the state of the economy and inflation rates.
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material change in the...
According to BlockBeats, the number of initial unemployment claims in the United States for the week ending July 6th was 222,000. This figure is lower than the anticipated 236,000 and the previous value of 238,000. The decrease in initial unemployment claims suggests an improvement in the US job market. However, the exact impact of this decrease on the overall economy is yet to be determined. Further analysis and monitoring of the job market trends are required to understand the full implications of these numbers.
The number of individuals filing for unemployment insurance for the first time, known as Initial Jobless Claims, saw a slight increase in the latest economic data. The figures...
Summer is making itself known with rising temperatures and balmy weather. Air conditioning usage and the heat aren't the only factors driving up your electricity bill. As inflation fell by 0.1% month-over-month in June, what does this mean for broader electricity costs? Yahoo Finance senior reporter Rachelle Akuffo details the month-over-month easing in electricity prices — offset by a 4.4% annual rise — and which states will see the biggest electric bills this summer. According to June's Consumer Price Index (CPI) report, energy prices actually fell by 2.0% in June while rising 1.0% year-over-year. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
By Karen Brettell and Stefano Rebaudo (Reuters) -The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of...
See which emerging markets countries are beating the U.S. stock market.
LONDON (Reuters) - Britain's labour market showed further signs of cooling last month, according to a survey that showed the weakest wage growth since early 2021, and tax...
TOKYO (Reuters) - Japan spent 3.168 trillion yen ($20.69 billion) on dollar-selling intervention on July 11 and 2.367 trillion yen on July 12, quarterly data from the Ministry of...