Jobless claims fall to lowest level in 8 months to end 2024
The number of new jobless claims fell to the lowest level since April last year, as the job market showed signs of strength amid a broader employment downturn. The number of new unemployment insurance claims filed in the week ending December 28 was 211,000, down 9,000 from the previous week's level. Economic forecasters had expected […]
Unlawful border crossings hit lowest level of Biden admin in November
U.S. Customs and Border Protection (CBP) announced the lowest border crossings for the month of November ahead of President Biden's exit from the White House. According to statistics released by the agency, 4.5% drop field operations and encounters on the southwest border. Over the past two months, single adults consistently ranked highest among border crossers, […]
LeBron James, now 40, says he can play at ‘high level’ for nearly another decade
Later Tuesday, LeBron James will become the first player in NBA history to play in a game as both a teenager and a player in his 40s. The NBA's all-time leading scorer celebrated his 40th birthday on Monday, and as he enters his record-tying 22nd season, he's still his old self. His 23.5 points per […]
US credit card defaults soar to highest level in 14 years
Experts are sounding the alarm over a new report showing that credit card loan defaults have skyrocketed this year, warning that the dam of American consumer debt at a record high is bursting. In the first nine months of 2024, lenders wrote off more than $46 billion in seriously delinquent credit card loans, according to […]
Credit Card Defaults Spike to Highest Level Since Aftermath of 2008 Financial Crisis
U.S. credit card defaults have risen to their highest level since the 2008 financial crisis, as consumers suffer from years of high inflation. credit card lender I wrote it down Loan delinquency balances in the first three quarters of 2024 were $46 billion, an increase of 50% year over year. These forms of write-offs are […]
Knicks’ balanced offense’s historic level of versatility comes with big caveat
WASHINGTON — Jalen Brunson didn't lay down in three straight games before getting the double-nickel gem in the Capitals. His scoring average has dropped from nearly 29 points per game last season (more than 32 in the playoffs) to less than 25 points through 31 games this season. Still, the Knicks, now the hottest team […]
Jobless claims fall to lowest level in a month
Unemployment claims fell to the lowest level in a month, showing signs of health in the U.S. labor market amid a broader employment slowdown. The number of first-time claims for the week ending Dec. 21 fell by 1,000 to 219,000, the Labor Department said Thursday. The average number of applications over the four-week period increased […]
Costco egg recall raised to highest risk level due to salmonella concerns
The Food and Drug Administration has raised the recall of more than 10,000 cartons of eggs sold at Costco to the highest alert level due to concerns that Salmonella contamination could “cause serious health harm or death.” Late November, Costco announces recall of approximately 260,000 eggs Due to the possibility of Salmonella contamination, the product […]
Costco Egg Recall Upgraded to Highest Level Due to Salmonella Fears
Authorities have upgraded Costco's egg recall over concerns about a bacterial infection known as salmonella. The news comes as egg prices are rising. The U.S. Food and Drug Administration (FDA) has raised the recall to the highest risk level after eggs were sold at stores in five states: Alabama, Georgia, North Carolina, South Carolina, and […]
FDA raises Costco egg recall to highest risk level over salmonella fears
Celebrity chef and restaurateur Andrew Gruel shares his thoughts on the FDA's new dietary guidelines and ultra-processed foods on Varney & Co. Hundreds of thousands of eggs sold at Costco as part of a recall issued last month are contaminated with Salmonella bacteria and can cause serious health problems and death if ingested, according to […]