US initial jobless claims fell -15k to 227k in the week ending October 19, well below expectation of 245k. Four-week moving average of initial claims rose 2k to 238.5k. Continuing claims rose 28k to 1897k in the week ending October 12. Four-week moving average of continuing claims rose 18k to 1861k. Full US jobless claims […]
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If you had Blue Cross Blue Shieldhealth insurance at any point between 2008 and 2020, a payout from one of the largest private antitrust settlements in American history may already have your name on it. Read more…
Restaurant operators face a perfect storm of rising costs and declining customer spending. “Well, we’ve seen overall labor and food costs go up 35% since the pandemic,” National Restaurant Association (NRA) Chief Economist Chad Moutray Read more…
Federal Reserve Vice Chair for SupervisionMichelle Bowman said the central bank’s own capital rules sent corporate lending from regulated banks into the $1.4 trillion private credit market, flagging a regulatory shift designed to bring some Read more…