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Applications for U.S. unemployment insurance ticked up from an almost four-month low, suggesting demand for workers remains healthy despite an increasingly uncertain economic outlook.Initial … more
Twitter’s long-awaited — and controversial — edit button is finally here.The social media company announced Thursday that it has started testing the option internally before plans to roll it … more
U.S. employers added jobs at a healthy, yet more moderate pace in August, offering little evidence of any kind of definitive slowdown despite a jump in unemployment.Nonfarm payrolls increased 315,000 … more
The August U.S. jobs report contained hints of a long-awaited increase in labor supply. The big question for the central bank is whether that can continue even as it attempts to engineer an economic … more
Applications for U.S. unemployment insurance fell for the second week, suggesting that employers are holding on to workers despite growing economic uncertainty. Initial unemployment claims … more
U.S. consumer borrowing surged in June, reflecting a jump in credit-card balances and a record increase in non-revolving lending that includes auto and school loans. Total credit increased $40.2 … more
U.S. employers added more than double the number of jobs forecast, illustrating rock-solid labor demand that tempers recession worries and suggests the Federal Reserve will press on with steep … more
A lawsuit filed last Thursday by 25 Texas cities claims that Disney, Hulu and Netflix have for years stiffed the cities out of dollars the streaming giants are required to pay under state law — … more
U.S. employers added more jobs in July than forecast, illustrating rock-solid labor demand that tempers recession fears and suggests the Federal Reserve will press on with steep interest-rate hikes … more
U.S. economic productivity during the pandemic was driven entirely by firms with remote work capacity, according to a new study co-authored by Robert Gordon of Northwestern University.Productivity in … more
Two key U.S. inflation gauges posted larger-than-forecast increases on Friday, heightening concerns that prices will remain persistently high and prompt continued aggressive interest-rate increases … more
Many factors are putting upward and downward pressure on mortgage rates, and prospective borrowers have observed a seesaw pattern in the cost to finance a home recently.While the benchmark 30-year … more
Amid the materials shortages, price hikes and other craziness of the housing market last year, something remarkable happened. U.S. builders completed more apartments in large multi-unit buildings … more
Applications for U.S. unemployment insurance fell, though remained near January levels, suggesting that labor market conditions are moderating. Initial unemployment claims decreased by 2,000 to … more
There is a July 5 deadline to apply for a Small Business Administration federal disaster loan for property damage caused by the severe storms and tornadoes in Bastrop, Grayson, Houston, Jack, … more
About a decade ago, when gas prices last surged above $3 a gallon, Chuck Graff put up a message on the sign at his St. Anthony, Minnesota, gas station: "We Hate Our Gas Prices Too." Early this … more
More than half of consumers in major economies didn’t build up their savings during the pandemic, a survey shows.The research in 18 nations by YouGov Plc, shared exclusively with Bloomberg News. … more
The Round Rock City Council approved an agreement with technology products manufacturer Valex Corporation to bring more than $12 million in capital investments and 75 new jobs to the area over the … more
Sell in May and go away is the tired investing adage. Well, will the investment markets now swoon in June? Talk of an impending recession grew much louder in May even without accompanying economic … more
A shortage of pilots from retirements and pandemic cutbacks has forced Fort Worth-based American Airlines to park about 100 of its smaller regional jets, even amid strong summer passenger … more
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