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Jobless Claims Tumble To 57-Year Lows
Jobless Claims Tumble To 57-Year Lows
Despite various surveys suggesting American consumers have never been less confident, the number of Americans filing for jobless benefits for the first time, sits near cycle lows (breaking back below 200k this week (196k)...
On an unadjusted basis, last week saw the lowest level of initial claims since 1969...
Additionally continuing jobless claims fell to its lowest since Jan 2024...
The Conference Board's Labor Market Survey data is signaling the opposite...
So who is right? Can we reall;y be seeing the weakest labor market (for jobseekers) in years...
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May 10, 2026 / Dave DeCamp
Russia and Ukraine Accuse Each Other of Violating Three-Day Ceasefire
Russia and Ukraine have accused each other of violating a three-day ceasefire that President Trump announced on Friday, following a pattern of most short-term truces that have been attempted in the four-year-old conflict. Trump said in a post on Truth Social that the ceasefire would be observed from May 9 to May 11 to mark […]
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Apr 7, 2026 / Tyler Durden
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
While the monthly jobs report has become a veritable economic random number generator, with every monthly print coming either well below or above the forecast stack, the weekly initial claims report has become its foil - a study in boring reporting, with numbers barely budging week to week, and usually falling right on top of Wall Street estimates. A similar dynamic is emerging for the monthly consumer credit report: following a volatile 2025, when revolving credit swung around wildly...
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Jul 18, 2026 / Tyler Durden
"Start Spreadin' The News": New York Losing Billions As Millionaires Flee Big Apple
"Start Spreadin' The News": New York Losing Billions As Millionaires Flee Big Apple
Authored by Jonathan Turley,
Below is my column in the New York Post on the sharp decline in millionaires in New York, costing the state billions as many flee. The exodus has been building for years but may now be accelerating. As Mayor Mamdani holds another press conference promising to end the “violence of evictions,” businesses are reading the writing on the wall. Rather than work to make the state more attractive to wealthy residents and businesses, Democrats are seeking...
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