Weekly applications for unemployment benefits dropped to 224,000 for the week ending August 9, continuing a trend of historically low jobless claims and underscoring the U.S. labor market\’s strength.
Wholesale prices in the U.S. surged in July by 0.9%, marking the sharpest monthly rise in over three years, according to the Labor Department’s Producer Price Index (PPI). Economists warn that this spike may soon translate into higher consumer costs.
Eastman Kodak, the iconic 133-year-old photography company, has told investors it may not be able to continue operating amid mounting debt obligations and dwindling liquidity.
The cryptocurrency market saw broad declines on Tuesday, 12th August, with Bitcoin dipping below the $122,000 mark and most major altcoins turning red ahead of closely watched U.S. inflation data.
WASHINGTON (AP) — The federal government is enacting significant changes to its immigration policies, leading to a surge of legal challenges and a renewed national debate over border security and the country’s approach to migrants. The policy shifts, which largely utilize executive authority, affect a broad range of issues, from
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