US government acts to reduce distortion in jobless-claims data
The U.S. Labor Department said Thursday it’s changing how it adjusts weekly jobless-claims figures for seasonal swings after the pandemic’s ...
Tag: covid19
First-time buyers prop up boat demand as sales continue to increase
Retail boat sales continued to increase in July despite inventory challenges, as more consumers look for ways to socially distance and still get out ...
Powell’s Fed shifts to more relaxed approach to fight inflation
Federal Reserve Chair Jerome Powell announced a new approach to monetary policy Thursday that takes a more relaxed stance on ...
US jobless claims resume decline but report comes with caveats
Applications for state U.S. unemployment benefits decreased last week following an unexpected jump, indicating the labor market’s gradual recovery is ...
US jobless claims unexpectedly increase to more than 1M
Applications for U.S. unemployment benefits unexpectedly increased last week, a stumble for the labor market in its long road to ...
HyreCar shifts focus to delivery amid pandemic
Carsharing marketplace HyreCar has capitalized on changing consumer habits amid the COVID-19 pandemic by prioritizing food and other delivery services, ...
Subprime credit spreads, murky Q3 outlook: Industry Pulse
Interest rates in the subprime credit tier have surpassed pre-COVID levels and are up more than a point on a ...
‘Unprecedented’ market impacts in subprime credit spreads with Cox Automotive’s Jonathan Smoke
In this episode of the Industry Pulse, Jonathan smoke, chief economist at Cox Automotive, discusses macroeconomic trends to watch for, ...
