Initial Jobless Claims Jumped 28,000 to Two-Year High of 261,000… More than 11,000 of the increase was in just two states, California, and Ohio. What it means— With tech company layoffs, California ...
Week In Review – May 22 2023
Stocks Advanced this week on Debt Ceiling Talks and Regional Bank Stability… President Biden cut his trip to Asia short to attend the debt ceiling talks, and some regional banks reported expanded ...
Week In Review – May 16 2023
Consumer Prices Up 0.4% Last Month, Up 4.9% Over Last Year… Per the Consumer Price Index (CPI), core consumer prices, excluding food and energy, rose 0.4% last month and were up 5.5% over the last ...
Week In Review – May 8 2023
The U.S. Economy Created 253,000 Jobs in April, Well Above the Estimate of 180,000… The unemployment rate remained unchanged, at 3.4%. What it means— It’s time for revisionist history. While the ...
Week In Review – April 10 2023
U.S. Economy Created 236,000 Jobs in March, Unemployment Rate Remained Steady at 3.5%… The jobs number was just above the estimate of 230,000. What it means— The U.S. Bureau of Labor Statistics ...