Applications for unemployment benefits for the week ending Aug. 9 fell by 3,000 to 224,000, the Labor Department reported. That’s below the 230,000 new applications that economists had forecast.

The number of Americans filing for jobless benefits fell modestly last week, remaining in the historically low range since the U.S. economy emerged from the COVID-19 pandemic ...

E.J. Antoni, the MAGA partisan Trump tapped to replace Erika McEntarfer as head of the Bureau of Labor Statistics, was at the Capitol on January 6, 2021, reports NBC News. The Heritage Foundation ...

Services prices soared 1.1%, the largest gain since March 2022, amid strong increases in machinery and equipment wholesaling, ...

Still, some warnings from financial writers have been ominous: Thomas Friedman of The New York Times, said the firing was ...

Also in today’s newsletter, investors are concerned about the president’s pick to lead the Bureau of Labor Statistics ...