this week: Chicago Fed national activity index on Monday; CPI, existing home sales on Tuesday; new home sales, weekly jobless claims on Thursday; durable goods orders on Friday. See consensus estimates here: http://online.barrons.com/public
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to sustained momentum in the economy even as home building fell for a second straight month in June.
Mattel ( -7.5% ) and AutoNation ( -4.6% ) plunged following disappointing results; among U.S. economic data, jobless claims came in better than expected, but housing starts report fell short. Major European indexes trade lower across the board
Initial Jobless Claims : -3K to 302K vs. 310K consensus, 305K prior (revised from 304K). Continuing claims -79K to 2.57M. Post your comment!
8:30 Housing Starts 8:30 Initial Jobless Claims 10:00 Philly Fed Business Outlook 10:30 EIA Natural Gas Inventory 1:35 PM Fed's Bullard: U.S. Economic Outlook and Monetary Policy 4:30 PM Money Supply 4:30 PM Fed Balance Sheet Post your comment!
is automatic stabilizers, which include things like unemployment benefits , or Supplemental Nutrition and Assistance Program ..... become unemployed during a recession, they can claim unemployment benefits and that provides them some insurance. We propose expanding
* U.S. jobless claims fall to lowest levels since before recession (Updates with closing prices)
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week to one of its lowest levels since before the 2007-09 recession, a sign of increasing health in the labor market.
Troubles in Portugal have sent the 10-year Treasury yield down to 2.5% - a six-week low even as jobless claims this morning dipped to their smallest level in about 7 years and the Fed begins a more serious discussion of an exit from ZIRP
investors are reducing their exposure to the euro while boosting the dollar and the yen. A better than expected U.S. jobless claims report was almost unnoticed. Potbelly -18.7% and Lumber Liquidators -21.7% premarket after both primed the market