There were 360,000 initial claims for unemployment benefits in the US during the week ending July 10, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 386,000 (revised from 373,000) and came in line with the market expectation.
Read More »US: Weekly Initial Jobless Claims Rose to 373K
There were 373,000 initial claims for unemployment benefits in the US during the week ending July 2, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading more than the market expectation for a reading of 350,000 and followed last week’s upwardly revised reading of …
Read More »US: Weekly Initial Jobless Claims Dropped to 364K
There were 364,000 initial claims for unemployment benefits in the US during the week ending June 26, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading came in better than the market expectation of 393,000 and followed the previous print of 415,000.
Read More »US Annual Core PCE Inflation Rises to 3.4% in May
Inflation in the US, as measured by the Personal Consumption Expenditures (PCE) Price Index, was 0.4% in May, the US Bureau of Economic Analysis reported on Friday. On a yearly basis, the PCE Price Index edged higher to 3.9% from 3.6%, compared to analysts’ estimate of 4%. Stock market futures …
Read More »U.S: Durable Goods Orders Increase by 2.3% in May
Durable Goods Orders in the United States rose by 2.3%, or $5.7 billion, to $253.5 billion in May, the data published by the US Census Bureau revealed on Thursday. This reading came in weaker than the market expectation for an increase of 2.7% and followed a 0.8% decline recorded in …
Read More »US: Weekly Initial Jobless Claims Edge Lower to 411K
There were 411,000 initial claims for unemployment benefits in the US during the week ending June 19, the data published by the US Department of Labor (DOL) showed on Thursday. This reading came in weaker than the market expectation of 380,000 and followed the previous print of 418,000.
Read More »U.S: Weekly Initial Jobless Claims Rise to 412K
There were 412,000 initial claims for unemployment benefits in the United States during the week ending June 12. The data published by the US Department of Labor showed on Thursday. This reading came in weaker than the market estimate of 359,000 and followed the previous print of 375,000.
Read More »US: Weekly Initial Jobless Claims Decline to 376K
There were 376,000 initial claims for unemployment benefits in the US during the week ending June 5, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading came in weaker than the market expectation of 370,000 and followed the previous print of 385,000.
Read More »China Strongly Opposes US Bill Addressing Beijing’s Tech Threat
China’s parliament expresses strong indignation and resolute opposition to the US bill addressing technology threat from Beijing, per Xinhua News Agency. China’s response comes after “the US Senate voted 68-32 on Tuesday to approve a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology,” …
Read More »The U.S to Launch ‘Strike Force’ Targeting China Aimed to Combat Unfair Trade Practices
White House is planning to launch a new “strike force” to combat unfair trade practices, mainly targeting China, Reuters reports, citing senior administration officials.
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