Continuing Jobless Claims Hit 3-Month-Highs

Job Openings Drop But More Than Offset By Record Surge In Hiring Two months ago, the BLS reported that January job openings unexpectedly soared by 400K, the biggest increase since November 2024, to 6.946MM, the highest since last October. Then, one month later it turned out the jump was even higher than that when the BLS published the February JOLTS print, when we learned that the January job print was revised massively higher by another 300K to 7.240MM from 6.946MM, a surge of 690K and the biggest since 2022; February job...

Missiles Rain Down On Northern Israel In Large Hezbollah 'Revenge' Operation Northern Israel has come under heavy attack from Hezbollah on Saturday, after this past week a full-scale war has resumed in southern Lebanon, which even saw the resumption of Israeli airstrikes on Beirut's southern suburbs, much further to the north. Even while Tel Aviv maintains the illusion of a ceasefire with Lebanon (as in, its government and national army), there is no ceasefire with Iran-linked Hezbollah, following weeks of sporadic drones being sent on northern Israel, as well as troop...

War Zones Converging? Zelensky Says Ukraine Hit Ship "Transporting Military Cargo" From Iran Ukraine has rapidly expanded its one-way attack-drone campaign from the Sea of Azov into the Black Sea, claiming strikes against more than 180 vessels and maritime targets around the Crimean region over the past three weeks, according to Reuters. The widening maritime offensive follows a summer campaign in which Ukrainian drones struck dozens of Russian energy assets, warehouses and logistics hubs. The risk of the Russia-Ukraine conflict merging with the US-Iran conflict seems plausible, but remains low at...