Jobless Claims Hit Four-Month High, Adding To Inflation And Recession Fears
Unemployment claims have surged to their highest level since October 2024, adding to growing concerns over job security and the broader economy.
Initial jobless claims jumped by 22,000 to 242,000 for the week ending on Saturday, Feb. 22, the Bureau of Labor Statistics said in data released on Thursday, Feb. 27. The previous week's total was revised up slightly to 220,000.
The rise in claims comes as consumer confidence took its steepest monthly dive since August 2021 amid concerns over inflation, tariffs, and the labor market. The Conference Board's Consumer Confidence Index fell …
New Poll Shows Approval Drop In Trump's Handling Of Economy
As economic uncertainty looms, a new poll shows President Donald Trump's approval rating has slipped, with growing numbers of Americans expressing concern over the nation's financial direction.
The Reuters/Ipsos poll, which surveyed 4,145 US adults nationwide over a six-day period ending Tuesday, found Trump's overall approval rating at 44 percent, down from 45 percent in a poll conducted Friday, Jan. 24 to Sunday, Jan. 26.
His disapproval rating climbed to 51 percent, a notable increase from 41 percent in polling taken just after he returned to the White House on Monday, Jan. 20 to T…
Amputated Fingertips, Severe Injuries From Coolers Spark Massive Recall: Cpsc
Igloo is recalling more than one million rolling coolers after reports of severe fingertip injuries, including amputations.
Igloo Products Corp. issued the recall for about 1,060,000 of its 90-quart Flip & Tow rolling coolers, the Consumer Product Safety Commission announced on Thursday, Feb. 13. A dangerous defect in the tow handle can pinch users' fingertips, posing risks of crushing injuries.
The CPSC said Igloo has received 12 reports of injuries, including fingertip amputations, bone fractures, and lacerations. The recall also includes about 47,000 coolers sold …
Trump Vows To Hit Canada, Mexico, China With Tariffs: Here's When, How Much
Donald Trump's months-long threats of implementing tariffs on other countries are apparently hours away from becoming a reality.
Click here for a new, updated story - Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say
White House Press Secretary Karoline Leavitt announced at a news conference Friday afternoon, Jan. 31 that both of America's neighbors, Canada and Mexico, will be slapped with 25 percent tariffs on goods. A third nation, China, America's main economic rival, will be hit with 10 percent tariffs.
They take effect on Saturday, Feb. 1, and are "for …
