US Jobless Claims Rise Slightly But Recurring Applications Surge
The number of Americans on benefit rolls climbed to a more than three-year high, while first-time applications for US unemployment insurance edged slightly higher.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat Happened to Hanging Out on the Street?
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Bitcoin’s (BTC) price continues to decline, trading below $102,000 at the time of writing on Thursday after falling 2.3% the previous day. Later in the day, BTC could expect volatility after the US ...
U.S. initial jobless claims were higher last week, but the increase wasn’t as drastic as economist Thomas Simons of Jefferies had been expecting.
New unemployment claims are near pre-pandemic levels, indicating a strong labor market, but rising continuing claims suggest many are struggling to find work.
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Dow Jones Rises After Surprise Jobless Claims; Nvidia Slides, Tesla ReversesThe Dow Jones rose Thursday after higher-than-expected initial unemployment claims. Nvidia stock sold off, while Tesla reversed higher.
As traders approach another pivotal day for financial markets, Thursday, January 23, 2025, brings a series of crucial ...
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