Article
Jobless Claims Hover Near Record Lows Sustaining 'No Hire, No Fire' Narrative
Jobless Claims Hover Near Record Lows Sustaining 'No Hire, No Fire' Narrative
The number of Americans filing for unemployment benefits for the first time was flat from the prior week at 210.5k (215k exp). Simply put, these numbers are hovering near their lowest levels since 1969...
Source: Bloomberg
Continuing claims also printed below expectations at 1.819 million Americans. This is the lowest level since May 2024...
Source: Bloomberg
Finally, as a reminder, sentiment surveys suggest the labor market is bifurcated with 'jobs hard to get' but joblessness not surging...
Source: Bloomberg
That chart reinforces the 'no...
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May 19, 2026 / Tyler Durden
NY MTA, LIRR Unions Reach 'Fair Deal' To End Strike After Commuter Chaos Grips NYC
NY MTA, LIRR Unions Reach 'Fair Deal' To End Strike After Commuter Chaos Grips NYC
New York's MTA reached a tentative labor deal with five Long Island Rail Road unions, ending the first LIRR strike in more than 30 years. Roughly 3,500 workers walked off the job Saturday, sparking commuter chaos for several hundred thousand people who heavily rely on the train service.
"Tonight, the @MTA reached a fair deal with the five LIRR unions that delivers raises for workers while protecting riders and taxpayers," Governor Kathy Hochul wrote on...
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May 21, 2026 / Tyler Durden
Democrats Move To Block Trump's $1.776 Billion 'Anti-Weaponization' Fund
Democrats Move To Block Trump's $1.776 Billion 'Anti-Weaponization' Fund
Via American Greatness,
Congressional Democrats are moving to shut down President Donald Trump’s proposed $1.776 billion Anti-Weaponization Fund, escalating a political fight over compensation for Americans who say they were targeted by politically motivated prosecutions and federal lawfare.
Rep. Jamie Raskin, the top Democrat on the House Judiciary Committee, is introducing legislation aimed at preventing any federal money from being used to create or distribute payments through the fund.
According to a copy of the bill shared with Axios, the legislation states that “no Federal funds...
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Mar 22, 2026 / Tyler Durden
Tanker Carrying Fuel Bound For Cuba Diverts, While Another Russian Tanker Is Set To Challenge US Blockade




