Today: September 21, 2024
Today: September 21, 2024

Latest From MATT OTT

Economy|News

Fewer Americans apply for jobless claims last week as labor market remains sturdy

Fewer Americans filed for unemployment benefits last week as the labor market remains sturdy despite high interest rates

Fewer Americans apply for jobless claims last week as labor market remains sturdy
Business|Economy|Technology

Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization plan

Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce

Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization plan
News|Travel

More than 3 million pass through US airport security in a day for the first time as travel surges

Agents for the U.S. Transportation Security Administration on Sunday screened 3 million airline passengers in a single day for the first time ever

More than 3 million pass through US airport security in a day for the first time as travel surges
Economy

US filings for jobless claims inch up modestly, but continuing claims rise for ninth straight week

The number of Americans filing for unemployment benefits inched up last week, but remain at historically healthy levels despite elevated interest rates

US filings for jobless claims inch up modestly, but continuing claims rise for ninth straight week
Economy

Consumer confidence in U.S. falls in June as Americans fret about near-term prospects

American consumers lost some confidence in June as expectations over the near-term future fell again

Consumer confidence in U.S. falls in June as Americans fret about near-term prospects
Business|News

US applications for jobless benefits fall to lowest level since September 2022

The number of Americans applying for unemployment benefits last week fell to its lowest level in more than a year, underscoring the resilience of the labor market amid elevated interest rates

Economy|News

US weekly jobless claims fall, but the total number collecting benefits is the most since 2021

Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years

US weekly jobless claims fall, but the total number collecting benefits is the most since 2021
Business

Applications for US jobless benefits fall again as labor market powers on

The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs

Applications for US jobless benefits fall again as labor market powers on
Business

Peloton shares hit all-time low after connected fitness company posts another loss, lowers guidance

Peloton sank to its lowest price on record after it reported another loss and gave investors a lukewarm forecast as the connected exercise company continues to struggle following its pandemic hot streak

Peloton shares hit all-time low after connected fitness company posts another loss, lowers guidance
Business

US applications for jobless benefits inch up but layoffs remain historically low

Slightly more Americans applied for jobless claims last week, but layoffs remain low and the labor market continues to show resiliency amid elevated interest rates imposed by the Federal Reserve

US applications for jobless benefits inch up but layoffs remain historically low
Economy|News

The number of Americans filing for jobless benefits jumps to the highest level in 10 months

The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, a sign that the labor market is likely cooling under the weight of high interest rates

The number of Americans filing for jobless benefits jumps to the highest level in 10 months
Business|Economy

GM board approves another $6 billion share repurchase as the automaker gains momentum

The board of General Motors has approved another $6 billion share repurchase as the Detroit automaker adds to its 2024 momentum

GM board approves another $6 billion share repurchase as the automaker gains momentum
Business|Economy

Long-term mortgage rates retreat for second straight week, US average at 7.02%

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing sky-high prices and a shortage of supply

Long-term mortgage rates retreat for second straight week, US average at 7.02%
Business|Economy

Confidence of US consumers continues to decline as Americans worry about the future

U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures

Confidence of US consumers continues to decline as Americans worry about the future
Business|Technology

Blackstone acquires pet care app Rover in $2.3 billion all-cash deal

Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday

Blackstone acquires pet care app Rover in $2.3 billion all-cash deal
Economy|News

Slightly more Americans apply for jobless benefits, but layoffs remain at healthy levels

The number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering inflation and high interest rates

Slightly more Americans apply for jobless benefits, but layoffs remain at healthy levels
Economy|News

The number of Americans applying for jobless benefits inches up, but layoffs remain low

The number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and high interest rates

The number of Americans applying for jobless benefits inches up, but layoffs remain low
Economy|News

US consumer confidence rises in May after three months of declines

Consumer confidence in the U.S. rose in May following three straight months of declines, but Americans remain anxious about elevated inflation and interest rates

US consumer confidence rises in May after three months of declines
Economy|News

US applications for jobless benefits fall as labor market continues to thrive

The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels

US applications for jobless benefits fall as labor market continues to thrive
Economy|News

US applications for jobless benefits come back down after last week's 9-month high

Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced

US applications for jobless benefits come back down after last week's 9-month high
Business|Economy|News

US weekly jobless claims hit highest level since August of 2023, though job market is still hot

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening

US weekly jobless claims hit highest level since August of 2023, though job market is still hot
Business|Economy|News

Number of Americans applying for jobless claims remains historically low

The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation

Number of Americans applying for jobless claims remains historically low
Business|News

US applications for jobless claims fall to lowest level in 9 weeks

Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation

US applications for jobless claims fall to lowest level in 9 weeks
Business|News

The number of Americans applying for jobless benefits holds steady as labor market remains strong

The number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool it off

The number of Americans applying for jobless benefits holds steady as labor market remains strong
Business|News

Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates

Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it

Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates

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