Jobless Claims

Succinct Summations of Week's Events 6.15.18 - The Big Picture

Succinct Summations for the week ending June 15th, 2018<p><b>Positives</b>:<p>1. Jobless claims came in at 218k, down from previous 222k.<br>2. Consumer price index …

Consumer Price Index

Brazil IBC-Br Economic Activity

Brazil’s economic recovery seems headed for a setback in December’s macro profile U.S. housing starts on track to increase in January, but just …

Employment

Goldman Sachs model now points to 4% second-quarter GDP growth

The U.S. economy is likely growing faster than expected, according to an economic model from Goldman Sachs.<p>The firm raised its second-quarter GDP …

Markets

Stock futures point lower on trade fight concerns

Tariff concerns heated up again as President Trump has decided to impose "pretty significant" tariffs and will unveil a list targeting $50 billion of Chinese goods.<p>Dow Jones futures were lower by 0.27%. The S&P 500 fell 0.15% and the Nasdaq Composite was off 0.06%.<p>The final list of Chinese imports …

Stock Markets

U.S. Jobless Claims Fell Last Week, Reflecting Tight Labor Market

Continuing claims made by workers out for longer than a week fell by 49,000 in the week ended June 2<p>WASHINGTON—The number of Americans filing new claims for unemployment benefits fell last week, the latest sign employers are reluctant to dismiss workers in a tight labor market.<p>Initial jobless …

Labor Economics

US weekly jobless claims total 218,000, vs 224,000 expected

New applications for U.S. unemployment benefits unexpectedly fell last week and the number of Americans on jobless rolls declined to a near 44½-year …

Labor Economics

Fewer people are on unemployment benefits than anytime in 44 years

Fewer people were receiving unemployment benefits in the beginning of June than at anytime in the past 44 years, the Department of Labor reported …

Unemployment Benefits

Markets look to bounce higher after Fed rate hike

CNBC’s Landon Dowdy takes a look at what the Street will be watching, including reports on jobless claims, retail sales and import prices.

Employment

Jobless claims hit multi-year low

Initial Jobless Claims <b>-4K</b> at <b>218K</b> vs. 225K consensus, 222K prior (unrevised).<p>Continuous Claims: -49K to 1.697M vs. 1.746M (revised).<p>Now read: <b>WSJ: U.S.</b> …

Business

Retail sales surged in May as weekly jobless claims fall

Retail sales increased more than expected in May as consumers bought motor vehicles and a range of other goods even as they paid more for gasoline, …

Economics

Stock futures fall after latest interest rate hike

U.S. stocks remained under pressure Thursday after the U.S. Federal Reserve moved, as expected, increasing interest rates by 25 basis points.<p>Dow Jones futures were lower by 0.21%. The S&P 500 was down 0.23% and the Nasdaq Composite was off 0.32%.<p>While the hike was anticipated, the Fed is now …

Stock Markets

Stock Market, Nasdaq Ride Higher On Retail Data; Two Chip Stocks Break Out

U.S. stock indexes advanced moderately in late morning trade Thursday, as retail sales grew the most in six months and first-time jobless claims were …

Stock Markets

TSX rises 0.39 percent as materials climb

NEW YORK (Reuters) - The Toronto Stock Exchange's S&P/TSX rose 63.14 points, or 0.39 percent, to 16,328.96.<p>The biggest contributor to the TSX gain was Enbridge Inc adding 6.9 points to the index. The materials sector was the top sector contributor with a 15.9 point contribution to the …

Business (Canada)

Inflation Might Surge If Economic Growth is Too Strong

<b>INDICATOR:</b> <b>May Retail Sales, Import and Export Prices and Weekly Jobless Claims</b><p><b>KEY DATA:</b> Retail Sales: +0.8%; Ex-Vehicles: +0.9%/ Import Prices: …

Economy

Jobless claims drop 4,000 to 218,000

<b>The numbers:</b> The rate of layoffs nationwide fell for the third straight week, indicating no deterioration in a rock-solid labor U.S. market in which …

Employment

6 things Australian traders will be talking about this morning

Good morning.<p>To the scoreboard:<p><b>Dow:</b> 25,175.31 -25.89 (-0.10%)• <b><br>S&P 500:</b> 2,782.49 +6.86 (+0.25%)• <b><br>AUD/USD:</b> 0.7472 -0.0118 (-1.42%)• <b><br>ASX200 SPI futures</b> (June …

Economics

Stocks go nowhere after ECB signals steady rates till next summer

Stocks were mixed Thursday after the European Central Bank announced plans to rein in a large-scale stimulus program that's been in place since the eurozone debt crisis. Trade tensions with the US heated up on multiple fronts, including with China and the EU. The dollar gained against a basket of …

Markets

Import and Export prices rise 0.6% in May

May Import/Export Prices: Import prices Index <b>+0.6%</b> vs. +0.5% consensus and +0.3% prior.<p>Export prices <b>+0.6%</b> M/M vs. +0.6% consensus and +0.6% prior.<p>Now …

Business

U.S. stocks rise, shake off Fed-fueled wobble amid strong data, ECB update

U.S. stocks opened modestly higher on Thursday, after the European Central Bank left interest rates unchanged and provided clarity on the timeline …

Stock Markets

S&P 500, Nasdaq edge higher as ECB puts off rate hike

NEW YORK: The S&P 500 and Nasdaq rose on Thursday (Jun 14) after the European Central Bank said it would not raise interest rates until mid-2019, a …

Stock Markets

U.S. Jobless Claims Fall by 4,000 in Latest Week

© Reuters. Jobless claims fell last week.<p>Investing.com - The number of people who filed for unemployment assistance in the U.S. last week fell more …

Employment

Stocks- U.S. Futures Point to Flat Open Bell After Fed Raises Rates

© Reuters. U.S. stock futures point to flat open after Fed rate hike<p>Investing.com - U.S. futures were flat on Thursday as investors mulled over …

Stock Markets

Day Ahead: Top 3 Things to Watch

© Reuters. What to watch out for in tomorrow's session<p>Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow<p><b>1. Jobless</b> …

Natural Gas

The Summit, the Fed and the rest of the week ahead

The major event of the week is the summit between President Trump and North Korean leader Kim Jong Un that could lay the groundwork for ending a nuclear stand-off between the old foes.<p>President Trump arrived in Singapore on Sunday and started tweeting his disdain for his trading allies and members …

Donald Trump

Succinct Summation of Week's Events 6.8.18 - The Big Picture

Succinct Summations for the week ending June 8th, 2018<p><b>Positives</b>:<p>1. For the 1st time ever, the net worth of U.S. households and nonprofits rose to …

Mortgages

Stocks slip as investors fret about trade tension dominating G-7 summit

An unprecedented US-North Korea summit scheduled for June 12 in Singapore, with Washington seeking to pressure Pyongyang into abandoning its nuclear …

Stock Markets

U.S. Jobless Claims at Four-Week Low Amid Tight Labor Market

U.S. filings for unemployment benefits ticked down to a four-week low, the latest sign that the job market remains robust, Labor Department figures …

Employment

South African rand, bonds tumble to 5-month low in panic sell

JOHANNESBURG (Reuters) - South Africa’s rand sunk to its weakest level in more than five months on Thursday as sentiment toward the currency was soured by a combination of poor economic growth and investors fleeing emerging markets.<p>Illustration photo shows a two-rand coin above a South African flag …

South Africa

Jobless claims edge lower 1K to 222K

Initial Jobless Claims <b>-1K</b> at <b>222K</b> vs. 225K consensus, 223K prior (revised).<p>Continuous Claims: +21K to 1.741M vs. 1.738M consensus, 1.720M …

Employment

U.S. weekly jobless claims drop as labor market picks up steam

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions.<p>The robust labor market and firming inflation have cemented expectations the Federal Reserve will raise benchmark U.S. interest …

Economy