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Labor Department

US stocks add to records
Markets

US stocks add to records

NEW YORK: Major US stock indices added to records early Friday as investors weighed upbeat jobs data against ...
Published 07 Aug, 2021 04:01am
US weekly jobless claims fall; consumer prices rise more than expected
World

US weekly jobless claims fall; consumer prices rise more than expected

  • Initial claims for state unemployment benefits totaled a seasonally adjusted 376,000 for the week ended June 5, compared to 385,000 in the prior week.
  • In the 12 months through May, the CPI accelerated 5.0%. That was the biggest year-on-year increase since August 2008, and followed a 4.2% rise in April.
Published 10 Jun, 2021 06:52pm
US stocks fall despite strong economic data
Markets

US stocks fall despite strong economic data

  • Also, new applications for US jobless benefits fell below 400,000 for the first time since the pandemic started, while a service sector index came in at an all-time high in May.
Published 04 Jun, 2021 09:34am