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Tag: unexpectedly

US weekly jobless claims unexpectedly spike to 10-month high

“Mornings with Maria” panelists react to the better-than-expected December jobs report and detail the likely impact on the labor market and the U.S. economy. How many Americans are applying? Unemployment benefits It unexpectedly jumped to a 10-month high last week, the latest sign that the labor market is starting to cool on the back of […]

US job growth jumps by 272K in May while unemployment unexpectedly rises

Lincoln Tech CEO Scott Shaw explains in “Varney & Company” why young workers are seeking trades jobs: U.S. job growth accelerated again in May, defying expectations of a slowdown even as the unemployment rate rose to its highest level in more than two years. Employers added 272,000 jobs in May, the Labor Department said in […]

Job openings unexpectedly fall in April to lowest level in 3 years

Writing in Making Money, Michael Gapen, head of U.S. economics at Bank of America Securities, discusses whether April’s jobs report will influence the Fed’s interest rate decision. U.S. job openings fell to the lowest level in more than three years in April, the latest sign that the labor market is cooling as the economy slows. […]

NYC Tony Dapolito pool with Keith Haring mural unexpectedly closed for another summer

Another summer wasted. Village residents were left scratching their heads after learning their beloved neighborhood pool, famous for its Keith Haring murals, would not be available for another year after being closed for five years. Though the Tony D’Apolito Recreation Center pool is still “in need of major renovation,” it was a staple in the […]

Wholesale inflation unexpectedly jumps again to highest level in a year

Gina Bolvin, president of Bolvin Wealth Management Group, discusses commodity movements, expected inflation data, the housing industry and the outlook for consumers. Wholesale-level inflation is much higher than expected in April, the latest sign that price pressures in the economy remain high and difficult to contain. The Labor Department announced Tuesday that it will measure […]

Susan Backlinie, first victim in ‘Jaws’ film, unexpectedly dead at 77

Susan Backliny, famous for being the first victim in the 1975 film “Jaws,” has died, Fox News Digital has confirmed. Her husband of 30 years, Harvey Swindoll, said her death was “very unexpected.” She died of a heart attack Saturday morning at her home in California. She was 77 years old. ”[She] He was the […]

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 […]

Consumer Inflation Expectations Unexpectedly Climb

Inflation expectations by U.S. households rose in April, the latest sign that the Fed’s progress in curbing inflation is stalling. Expected inflation over the next year was 3.2% in April, up from 2.9% the previous month, according to a consumer sentiment survey released Friday by the University of Michigan. The long-term expected inflation rate rose […]