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US jobless claims edged higher last week, but remain low. New filings for unemployment rose...
President Trump now says he doesn’t plan to fire Federal Reserve Chairman Powell, but the calls for rate cuts continue. The central bank, however, is expected to leave rates unchanged at the next month’s policy meeting. For the moment, it’s still a batt...
US economic activity continues to slow in April, according to PMI survey data. Output rose last month at its slowest pace since Dec 2023 via the US Composite Output Index, a GDP proxy. “The early flash PMI data for April point to a mark...