Initial Jobless Claims Refuse To Blink Amid Increasingly Fragile Labor Market Signals

A US-born advisor to Israeli Prime Minister Benjamin Netanyahu was tasked with “relocating” Palestinians from Gaza after President Trump announced plans last year for a “Gaza Riviera” that would involve the ethnic cleansing of the Palestinian population, according to a report from the Israeli newspaper Haaretz. An Israeli source told the paper that Caroline Glick, […]

FCC Chair Carr Defends License Review As ABC Cries Censorship Via American Greatness, Federal Communications Commission Chair Brendan Carr is pushing back against Disney-owned ABC’s claims that his agency is engaged in “attempted censorship,” insisting the review of the network’s broadcast licenses stems from evidence of discriminatory hiring practices, not politics. ABC leveled the censorship accusation in a 119-page regulatory filing posted Thursday, arguing the FCC’s scrutiny of its eight television licenses sends a chilling message to media companies nationwide. “The retaliation against ABC is a signal to every media company in the country: accommodate the...

Key Events This Week: Payrolls, Quarterly Refunding, Confidence, And More Earnings Key data releases this week will be the US April jobs report and the University of Michigan’s consumer survey. Other economic events feature the US Treasury quarterly refunding announcement and rate decisions in Australia, Norway and Sweden. Corporate earnings include AMD, Palantir and Rheinmetall. The focus this week will be on the US April jobs report due Friday. Economists see payrolls up +65k in April, down from +178k in March, with a slightly faster earnings growth rate (+0.3% vs +0.2% in...