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Jobless claims fall by 10K after hitting nine-month high last week

Fewer Americans filed for unemployment benefits last week as layoffs remained at historic lows, even as other signs of a cooling labor market surfaced. The number of jobless claims for the week ending May 11 fell by 10,000 to 222,000 from 232,000 the previous week, the Labor Department said Thursday. Last week’s number of applications […]

Trump to attend son’s high school graduation Friday

Former President Trump will take a break from his criminal trial in New York City on Friday to attend his younger son Barron Trump’s high school graduation in Florida. Barron Trump, 18, will graduate from Oxbridge Academy in West Palm Beach, Florida, on Friday. The graduation ceremony will be held privately. President Trump with his […]

JPMorgan Chase CEO Jamie Dimon warns interest rates could stay high

Wall Street may be ready to declare victory over sky-high inflation, but Jamie Dimon thinks the fight is far from over. The head of JPMorgan Chase & Co. says investors will have to endure an extended period of high interest rates as price pressures are exacerbated by rising costs, rising defense spending, a ballooning budget […]

Trump asks NY high court to intervene in gag order fight

Former President Trump asked the New York State Supreme Court to intervene in his ongoing fight to overturn the gag order in his hush money criminal trial, a day after an intermediate appellate court upheld the gag order. Trump’s lawyers filed a notice of appeal Wednesday, but it remained sealed in the court docket as […]

NYC high school employee busted for inappropriate contact with girl, 17: sources

A crooked custodian at a public high school in Queens was arrested Wednesday for having inappropriate contact with a 17-year-old student, police and law enforcement officials announced. A John Adams High School employee, whose name is being withheld pending charges, allegedly rubbed the inside of a female student’s thigh on Monday, officials said. And on […]