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Powell said that tariffs have dampened consumer and business sentiment and the government recently reported that the U.S.
The number of Americans filing new applications for unemployment benefits fell sharply last week as the spring break-related ...
Initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 228,000 for the week ended May 3. Economists polled by Reuters had forecast 230,000 claims for the latest ...
The Associated Press on MSN14d
US applications for jobless benefits fall last week despite elevated uncertainty over Trump tariffsUnemployment remains at a healthy level despite heightened uncertainty about how tariffs will impact the U.S. economy.
US unemployment benefit applications dropped to 228,000 for the week ending May 3, indicating labour market stability. Fed Chair Powell highlights economic resilience amid tariff worries.
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