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No Break on Move Higher in Long End of Yield Curve, Al-Hussainy Says
Edward Al-Hussainy, Total Return bond portfolio manager at Columbia Threadneedle, examines the numerous factors he sees impacting the long end of the yield curve. (Source: Bloomberg)
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.
US filings for jobless benefits rise to 199,000 last week, but layoffs remain historically low
The number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy range of the past few years. U.S.
- US jobless claims rise to 199,000 last week, up 1,000 from previous week
- June inflation at 3.7%, above Fed's 2% target
- Employers added 57,000 jobs in June, less than half of May's total
US Initial Jobless Claims Below 200,000 for Third Straight Week
Applications for US unemployment benefits edged up to 199,000 in the week ended Aug. 1, according to Labor Department data released Thursday.