The Labor Department reported Thursday that jobless claims for the week ending July 6 fell by 17,000 to 222,000 from 239,000 the previous week.
The Federal Reserve raised its benchmark borrowing rate 11 times beginning in March of 2022 in an attempt to extinguish the four-decade high inflation that shook the economy after it rebounded from the COVID-19 recession of 2020. The Fed’s intention was to cool off a red-hot labor market and slow wage growth, which can fuel inflation.
While the labor market remains historically healthy, recent government data suggest some softness creeping in. Donald Trump’s niece said it “seems like a bigger story to me than anything George Clooney has to say.”Donald Trump on Wednesday night made his thoughts on George Clooney clear after the actor pleaded with Joe Biden to withdraw from the 2024 race in a stunning New York Times op-ed.Clooney had been a vocal supporter of Biden in the weeks leading up to the U.S.
The money will go toward paying off Trump’s legal fees and relocating her family after facing ‘countless death threats’NEW YORK — Michael Cohen asked the Supreme Court on Wednesday to reopen his lawsuit against Donald Trump, former Attorney General Bill Barr, and others for jailing him in 2020 when he refused not to criticize the then-president under house arrest.