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US initial jobless claims jumped to highest level since August

The number of first-time applications for U.S. unemployment benefits rose to the highest level since August 2023, a sign that the robust U.S. labor market is cooling. The number of new jobless claims for the week ending May 4 rose by 22,000 to 231,000, according to the Labor Department. The data was released on Thursday […]

Report: U.S. Jobless Claims Increase To Highest Level Since August

(Photo by Spencer Pratt/Getty Images) James Myers of OAN8:40am – Thursday, May 9, 2024 Applications for unemployment benefits have reached the highest level since August 2023, according to initial filings. advertisement New jobless claims rose by 22,000 to a staggering 231,000 in the week ending May 4.thLabor Department data released Thursday showed the number of […]

Rangers-Hurricanes Game 2 battle reaches new level for chippiness

A day that started with conversations surrounding Matt Lempe ended with the big man being little more than an extra in the most physical game of the playoffs to date for both teams. Just 12:05 into the game, Igor Shesterkin was sent off and almost took part in the ensuing scrum. A few minutes later, […]

Consumer Confidence Unexpectedly Slumps To Lowest Level In Nearly Two Years

Consumer confidence has declined over the past three months, even as the Biden administration tries to convince Americans that the economy is improving. The Conference Board’s Consumer Confidence Index fell to 97 in April from 103.1 in March, according to data released Tuesday. This is the third consecutive month of decline and the lowest figure […]

National Abortion Ban Not Likely, Will Be ‘Sorted Out at the State Level’

Senate Minority Leader Mitch McConnell (R-Ky.) said Sunday on NBC’s “Meet the Press” that a national abortion ban would not get 60 votes in the Senate, so the issue would have to be decided by individual states. He said it would be resolved. Host Kristen Welker said, “I want to talk about abortion, and as […]

Tornadoes level Nebraska, Iowa towns, devastating video shows

Hundreds of residents across the Midwest saw their homes reduced to rubble as a swarm of devastating tornadoes ripped through the city center Friday night, with shocking images of the wreckage shown. The Federal Emergency Management Agency said there were as many as 78 possible twisters, mostly in Nebraska and Iowa, that damaged hundreds of […]

Money Supply Surges To Highest Level In Over A Year

The amount of money in circulation in the United States is expanding rapidly, a warning sign that inflation could continue to rise. The so-called M2 money supply includes currency, savings accounts, and retail money market funds. Money supply rose to a one-year high, increasing 0.8% from a year ago, according to data released Tuesday afternoon. […]

Scottie Scheffler approaching Tiger Woods’ level of dominance

AUGUSTA, Ga. — If you weren’t already in awe of Scotty Scheffler, you probably are now. Because that’s how it should be. Golf has regained its dominance. That’s good. “We teed it up here and he was supposed to win, so he won,” Xander Schauffele said Sunday, as he and the rest of Masters Field […]