New Jobless Claims Keep Unexpectedly Spiking As Omicron Surge ‘Taints’ Economic Recovery

Topline The number of new unemployment claims unexpectedly jumped for the third week in a row this month—adding to evidence suggesting the record wave of coronavirus cases this month—spurred by the ra...

Stocks fall after record jump in wholesale prices, rise in jobless claims

U.S. stocks turned lower Thursday as investors considered a fresh read on weekly unemployment claims and wholesale price inflation out of Washington. Tech stock underperformed, and the Nasdaq dropped ...

Omicron Job Loss? Unemployment Claims Unexpectedly Spike One Week After Steep Drop In Jobless Benefits Numbers

Topline The number of new unemployment claims unexpectedly jumped for the second week in a row this month, despite a steep drop in the overall number of Americans receiving unemployment benefits just ...