Page 83 - Mark Hamrick News Today

Returns are deep in the red with the Bloomberg Municipal Index at negative 1.85%, while high-yield sits at negative 1.81%.

The number of Americans applying for unemployment benefits for the week of Jan. 22 declined on a weekly ...

New applications for jobless aid fell sharply by 30,000 last week after several weeks of increases, according to data released Thursday by the Labor Department.

As covid-19 cases begin to dip in the US, economists are getting the first look at the omicron variant’s impact on the labor market recovery. 

The number of new applications for unemployment benefits climbed 55,000 last week to 286,000, more than anticipated.

Refinitiv Lipper reported $238.926 million of outflows, but $182.035 million of inflows to high-yield, reversing last week's outflows. New-issues faced concessions.

After a year of strong retail sales, consumers are starting to feel the impact of inflation and real income as it materializes across the economy.

The primary led Thursday's firmer tone while Chicago schools faced 10 to 20 bp penalties compared to price talk, signifying investors are being more selective and demanding more in the new higher-yield range.

Weekly jobless numbers are unexpectedly higher than predicted. Roughly 230,000 Americans filed first-time unemployment claims. That's about 23,000 more than the week before. Bankrate's Mark Hamrick says employer concerns about omicron cases may be the reason for the higher numbers.

Weekly jobless numbers are unexpectedly higher than predicted. Roughly 230,000 Americans filed first-time unemployment claims. That's about 23,000 more than the week before. Bankrate's Mark Hamrick says employer concerns about omicron cases may be the reason for the higher numbers.