US initial jobless claims rose by 5k to 215k in the week ending May 23, coming in slightly above expectations of 210k. The four-week moving average of initial claims also climbed to 209k. Continuing claims increased by 15k to 1.786m in the week ending May 16, while the four-week moving average rose to 1.773m. The […]
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St. Louis Federal Reserve President Alberto Musalem pushed back against growing optimism that artificial intelligence-driven productivity gains could eventually solve the inflation problem and justify easier monetary policy. Speaking at an economic conference in Reykjavik, Read more…
Box Inc (BOX) just fell roughly 4% on May 27 after reporting first-quarter results. While many investors still view Box as a traditional cloud storage company, CEO Aaron Levie used the earnings call to lay Read more…
Markets In the ‘glass half full, glass half empty’ dynamics, markets this morning titled to a more risk averse bias as mutual attacks and accusations of breaching the ceasefire between the US and Iran suggested Read more…