Jerome H. Powell took office as a member of the Board of Governors of the Federal Reserve System on May 25, 2012, to fill an ...

Stocks have posted a positive annual return in 13 consecutive years when control of Congress has been split between Democrats ...

The Pound Sterling (GBP) staged a comeback versus the US Dollar (USD), lifting the GBP/USD pair from the lowest level in three months near 1.2835. GBP/USD returned to positive territory for the first ...

Investors are digesting a fresh interest rate cut from the Federal Reserve as the impact of Trump's expected policies also remains in focus.

The latest ratio of 0.14% means that out of 10,000 workers, 14 made an initial application for unemployment ... The chart(s) above, however, give a rather distorted view of initial claims.

The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material ...

Applications for US unemployment benefits picked up last week, remaining near average pre-pandemic levels. Initial claims ...

Weekly jobless claims rise slightly to 221K, just below expectations, signaling continued strength in the labor market.

The Labor Department reported jobless claim applications rose by 3,000 to 221,000; fewer than the 227,000 analysts forecast.

New jobless claims, a proxy for layoffs, increased to 8,966 in the week ending November 2, up from 8,735 the week before, the Labor Department said. U.S. unemployment claims rose to 221,000 last ...

Jobless claims have stayed relatively low this year, averaging around 213,000 per week in early 2024 before increasing slightly in May and reaching 250,000 in July. Economists believe the higher ...