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Does weekly jobless claims drop portend a big jobs gain in April?

(AP Photo/Rogelio V. Solis, File) Maybe, but the signals on this are mixed at best. In March, the US economy added 916,000 jobs, but in part that came when expanded unemployment benefits appeared endangered, as well as having a fresh burst of stimulus spending injected into the economy. Will that hold up for April? Today’s weekly initial jobless claims report hints at a big number on one measure, while perhaps signaling a limit. The initial claims dropped below the 500K level for the first time in the pandemic, but more people are sticking around, too: In the week ending May 1, the advance figure for seasonally adjusted initial claims was 498,000, a decrease of 92,000 from the previous week’s revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week’s level was revised up by 37,000 from 553,000 to 590,000. The 4-week moving average was 560,000, a decrease of 61,000 from the previous week’s revised average. This i

Add shallots to sauces, soups and stews for savory flavor

Add shallots to sauces, soups and stews for savory flavor
pressdemocrat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressdemocrat.com Daily Mail and Mail on Sunday newspapers.

Warren Buffett Says Berkshire Hathaway Is Seeing Very Substantial Inflation and Raising Prices – NBC New York

technology 1 hour ago We ve got nine homebuilders in addition to our manufacture housing and operation, which is the largest in the country. So we really do a lot of housing. The costs are just up, up, up. Steel costs, you know, just every day they re going up, the legendary investor added. Berkshire Hathaway owns one of the nation s largest homebuilders Clayton Homes, along with companies such as Benjamin Moore paints and Shaw flooring. Inflation has begun to accelerate recently due to multiple factors, including increasing demand and struggles with some areas of the supply chain, as well as just easier comparisons with the pace of a year ago. The core personal consumption expenditures price index, which excludes volatile food and energy prices, rose 1.8% in March, the fastest pace since February 2020. The headline number increased 2.3%, the quickest pace for that measure since 2018.

I know he s a miracle : Pineville man continues nearly 200 day journey in hospital fighting COVID-19

‘I know he’s a miracle’: Pineville man continues nearly 200 day journey in hospital fighting COVID-19 Bell County native Jeff Cox has spent nearly 200 days in four different hospitals battling COVID-19. (Source: WYMT) By Emily Bennett | April 29, 2021 at 11:09 PM CDT - Updated April 29 at 11:09 PM PINEVILLE, Ky. (WYMT) - Bell County native Jeff Cox has spent nearly 200 days in four different hospitals battling COVID-19. His battle with the virus began, when he was admitted to Middlesboro ARH on October 20 with double pneumonia and low oxygen. Just days before, his wife Susan Cox was released from the hospital following her own COVID-19 complications.

Fed Rate Decision and Chairman Jerome Powell s Press Conference — Live Updates & Analysis

Wells Fargo strategist says Powell slamming the door on near-term tapering Michael Schumacher, a bonds strategist at Wells Fargo, said in response to Powell s remarks that the Fed chief all but assure markets that the central bank will not curb its asset purchases soon.  He s certainly getting rid of tapering happening any time soon. He s slamming that door shut, he said. It means that yields are a little less likely to go rocketing up. You re not going to get that wild card event where the Fed does talk about tapering fairly soon. It will be more interesting in June, he added. You ll have a couple of months of hotter inflation prints. There will be more pressure on the Fed to explain this inflation framework.

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