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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
23,048
3224hr
Pakistan Cases
1,008,446
3,75224hr
7.51% positivity
Sindh
367,092
Punjab
353,238
Balochistan
29,571
Islamabad
85,780
KPK
141,925

US economy

US weekly jobless claims fall as expected
World

US weekly jobless claims fall as expected

  • Initial claims for state unemployment benefits fell 26,000 to a seasonally adjusted 360,000 for the week ended July 10, the Labor Department said.
  • Claims have declined from a record 6.149 million in early April 2020.
Published 15 Jul, 2021 05:52pm
US annual CPI jumps 5.4% in June, biggest since 2008
World

US annual CPI jumps 5.4% in June, biggest since 2008

  • Energy prices have also rebounded after sinking in the midst of the pandemic shutdowns, with gasoline surging 45.1 percent over the past year, unadjusted, and 2.5 percent in the month, the report said.
Updated 13 Jul, 2021 06:54pm
Yields drift lower as latest views from Fed awaited
Markets

Yields drift lower as latest views from Fed awaited

  • The benchmark 10-year yield was last down 1 basis point at 1.4888%.
  • "Truly, to getting a read on where the economy is heading and where inflation is heading, we don't think we're going to have those data points until the fall," he said.
Published 16 Jun, 2021 07:58pm
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