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Latest Financial News
U.S. Jobless Claims Fall to 197,000 as Layoffs Stay Low
Initial unemployment claims slipped to 197,000, while the four-week average fell to 202,250 and continuing claims remained below year-earlier levels.
TD SYNNEX Revenue Jumps 38% to $21.6 Billion in Record Fiscal Q3
TD SYNNEX posted $21.56 billion of fiscal third-quarter revenue, well above its prior outlook, as operating income and earnings per share also rose sharply.
U.S. New Home Sales Rise 6.4% to 684,000 in August
The August increase came off a sharply revised July estimate, while new-home inventory held at 483,000 and the median sales price was $393,700.
U.S. Current-Account Deficit Widens 15.7% to $246 Billion
The second-quarter shortfall grew by $33.4 billion as the goods deficit expanded, while smaller primary- and secondary-income deficits partly offset the increase.
U.S. Median Employee Tenure Rises to 4.1 Years
Workers had stayed with their current employer for a median 4.1 years in January, up from 3.9 years in 2024, as the share with a year or less…
Sky Quarry Restarts Nevada’s Eagle Springs Refinery After Receiving Air Permit
Sky Quarry says Eagle Springs is back in operation after a prolonged outage, with about 15,000 barrels of crude inventory on hand as the Nevada refinery begins ramping…
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