Jobless Claims Decline More Than Forecast in Week Ending Oct. 24
Applications for U.S. state unemployment benefits fell more than forecast last week, suggesting the labor market remains on the path of gradual improvement — while still far from its pre-pandemic health.
US Job Openings Fell in August for First Time in Four Months
U.S. job openings declined in August for the first time in four months, pointing to a moderation in pace of hiring as the pandemic drags on.
749,000 Jobs Were Added in September, ADP Report Shows
U.S. companies added 749,000 jobs in September, a private report showed, indicating the labor market’s gradual rebound is continuing as demand rises from the depths of the coronavirus pandemic.
US Consumer Confidence Slumps to Six-Year Low on Job Views
U.S. consumer confidence dropped in August to the lowest since 2014 as consumers soured on employment and business conditions, indicating Americans are becoming despondent amid persistently high joblessness.
Inflation Quickened in July on Costs of Vehicles, Apparel
U.S. consumer prices rose in July by more than expected on a jump in auto and apparel costs, though inflation remained broadly muted as the pandemic suppressed demand.
US Industrial Output Surges by Most Since 1959 on Reopening
U.S. industrial production in June posted the largest monthly gain since 1959, indicating manufacturing is stirring to life after coronavirus-related shutdowns.
US Consumer Confidence Posts Biggest Increase Since Late 2011
U.S. consumer confidence rose in June by more than forecast as optimism increased amid business reopenings, though sentiment remained well below pre-pandemic levels.
Amazon Bargain Days Give Porch Pirates Prime Opportunity
Amazon’s Prime Day gives shoppers an opportunity to flex their deal-spotting muscles ahead of Black Friday. It also gives package thieves their own chance to warm up.