Page 126 - Mark Hamrick News Today

A short-term suspension of the U.S. debt ceiling will avert a national default and economic crisis, but problems remain.

A short-term suspension of the U.S. debt ceiling will avert a national default and economic crisis, but problems remain.

The number of American workers filing for unemployment fell last week, dropping more sharply than economists expected though experts say there's an elevated level of uncertainty around the recovery outlook.

For 31 consecutive weeks investors put cash into municipal bond mutual funds but saw just $36.87 million of inflows in the latest reporting period while high-yield funds saw $460 million of outflows after $103 million of outflows a week prior.

High-frequency workforce activity data from payroll tracking firm Ultimate Kronos Group (UKG) shows that September shift work declined for the second month in a row, casting a shadow over Friday's closely-watched government report that will reveal how many jobs the U.S. economy created last month.

And Biden signs into law a surface transportation funding extension.

The number of North Carolinians filing initial unemployment-insurance claims dropped by 50% last week following the expiration of two key federal pandemic relief programs on Sept. 4. With no COVID-19 pandemic UI programs available currently for North Carolinians, the U.S. Labor Department reported Thursday the state had 3,557 new regular state claims for...

Refinitiv Lipper reported $1.9 billion of inflows, high-yield gaining $524 million, the 25th consecutive week of inflows into municipal bond mutual funds.

Retirees may be driving factor in N.C. labor shortage, not federal jobless benefits

The number of Americans filing for unemployment ticked down last week to a fresh pandemic-era low in a sign on ongoing labor market recovery.