Weekly jobless claims fall by 3,000 to 183,000 Continuing claims decrease by 11,000 to 1.655 million Productivity accelerates at a rate of 3.0% in the fourth quarter Unit labor costs increase at a rate of 1.1% WASHINGTON, Feb 2 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a nine-month … Read more
Feb 1 (Reuters) – The S&P 500 and Nasdaq rallied to higher closes on Wednesday after Federal Reserve Chairman Jerome Powell acknowledged that inflation was starting to subside after a U.S. rate hike. a quarter point by the US central bank, which issued a statement that it expects “continued increases”. Wall Street’s major indexes lost … Read more
WASHINGTON, Jan 31 (Reuters) – Tesla Inc (TSLA.O) disclosed on Tuesday that the U.S. Justice Department has requested documents related to its fully autonomous driving assistance (FSD) and Autopilot systems as regulatory scrutiny is intensifying. The automaker said in a filing that it “has received requests from the DOJ for documents related to Tesla’s Autopilot … Read more