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US economy unexpectedly loses 23K jobs in July, unemployment rate hovers around 4%

By Joseph Weber

Economy

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Unemployment application, April 16, 2020, Arlington, Va.

Jobless claims increased slightly while layoffs remain historically low, Labor Department reports

Unemployment filings in the week ending August 1 increased by 1,000 applications over the previous week, for a total of 199,000, according to Labor Department data reported on Thursday.

Economy

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The U.S. flag hangs next to the north entrance of the Treasury Department's headquarters building on May 27 in Washington, D.C.

U.S. and Japan conduct coordinated yen-buying intervention to ease volatility of Japan's currency

Tokyo said that it wouldn't hesitate to conduct further interventions in the future, should they be needed.

Economy

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grocery

Grocery store closures in Chicago reignite debate over taxpayer-funded food access

The stores, operated by Yellow Banana, closed after Save A Lot ended its operating agreement with the company, citing financial challenges that included a sharp decline in SNAP purchases.

Doordash lays off 1,200 corporate workers

Rep. Chip Roy talks about fixing debt problems

Gas prices surge 40 cents in a month

Rep. Ralph Norman: Biden hasn’t told truth about America’s debt

US air travel is ‘overwhelmed’ and that’s putting off some flyers, industry group says

Fed. Reserve maintains interest rates after 10 straight hikes to combat inflation

Gas prices climb to highest in eight months

Teachers suffering nationwide from soaring inflation

NYC and California to require salary ranges in job listings

FTX Crypto Company loses fortune

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