Initial claims for US unemployment benefits fell sharply last week, dropping to their lowest level in more than two years in a sign that layoffs remain muted even as hiring slows across the economy. The Labour Department said on Thursday that claims fell by 27,

The Dow, S&P and NASDAQ finished the week on a winning streak with modest gains, based on Fed cut confidence. The S&P, which flirted with a record high, edged up 13.28 to 6,870.40, the Dow was up 104.05 to 47,954.99 and NASDAQ was up 72.992 points to 23,578.128.

The latest report from the US Labor Department highlighted that initial jobless claims reached 232,000 for the week ending October 18.

Early September brought a reminder of the U.S. job market’s fragility as applications for jobless benefits climbed up to 263,000. This increase marks the largest weekly total since June and in a one-month countdown to 2025’s last quarter, the number ...

The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market. Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid ...

The number of Americans filing new applications for unemployment benefits eased slightly last week, Haver Analytics estimated on Thursday, pointing to stable labor market conditions that could provide the Federal Reserve cover to keep interest rates unchanged next month.

Futures for the Dow Jones Industrial Average and other major stock indexes rose modestly in premarket trading Thursday, as Wall Street awaited weekly jobless claims. Among the losers, artificial intelligence stock Snowflake SNOW plunged on the stock market today after the company's earnings results.