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'Slow Hire, No Fire' Economy Continues As Jobless Claims Remain Near Record Lows The number of Americans filing for unemployment benefits for the first time fell to to 215k last week (versus 217k exp), remaining near multi-decade lows... California and Missouri saw the biggest increase in initial claims while New Jersey and Connecticut saw the largest decline... Continuing jobless claims ticked higher (highest since March) but remains well off cycle highs from Q4... Despite disappointing payrolls (though jobs are still being added, though at a slower pace)... ...jobless claims data suggests there is no...

Europe Drafts Pie In The Sky Plan To Free Up Hormuz Without 'Belligerent' Parties This is quite the ambitious headline revealing the latest 'plan' for Hormuz to come out of Europe, as it sits on the sidelines watching the US get potentially bogged down in the region following a month of heavy airstrikes on Iran: Europe drafts postwar plan to free up Strait of Hormuz without US, WSJ reports. This is apparently a plan for after the main crisis is over, amid the strait still being blockaded (with the each warring side insisting...

Joe Kent, the former director of the National Counterterrorism Center who resigned over his opposition to the US-Israeli war against Iran, is urging Americans to contact the White House and Congress to express opposition to the US sending ground troops into Iran. In a post on X, Kent shared the phone numbers for the White […]