Following the blowout June jobs report, market participants got another update on the state of the U.S. labor market Thursday morning with the release of the weekly initial jobless claims report.
Investors will be paying close attention to Bed Bath & Beyond earnings and weekly mortgage applications data Wednesday.
The U.S. Labor Department's monthly Job Openings and Labor Turnover (JOLTS) survey and Levi Strauss earnings will be in focus Tuesday.
Thursday morning, the U.S. Labor Department concurrently released the weekly jobless claims data and the monthly jobs report. The unemployment crisis in the U.S. remains a key focal point even as the weekly data showed incremental improvement.
It is gearing up to be a busy Wednesday, and investors will be turning their attention to the ADP June private employment report, the Institute for Supply Management’s (ISM) manufacturing index reading for June and Macy’s quarterly results.
It will be a shortened trading week with major markets closed Friday in observance of the Fourth of July holiday. Investors will be closely monitoring the recent resurgence in COVID-19 cases across a handful of states and the big June jobs report due out Thursday.
As the COVID-19 crisis continues to take its toll on the U.S. economy, economists are expecting that consumption is rebounding but income falls further.
More than three months into the COVID-19 crisis in the U.S., countless Americans are still unemployed. According to the U.S. Labor Department, weekly initial jobless claims data showed yet another week of claims exceeding 1 million.
The U.S. housing market will be in focus again Wednesday when KB Home reports quarterly earnings and weekly mortgage applications data is released.
On the heels of bleaker-than-expected U.S. existing home sales data, investors will be looking to the new home sales report due out Tuesday morning for additional clues on how the U.S. housing market is holding up.
Investors will be monitoring the recent spike in coronavirus cases, the U.S. housing market and Nike earnings in the week ahead.
A handful of recent economic data pointed toward a quicker-than-expected recovery, and the weekly initial jobless claims report Thursday provided investors with additional clues on the state of the U.S. labor market.
Following his appearance before the Senate Banking Committee, Federal Reserve Chairman Jerome Powell will testify before the House Financial Services Committee Wednesday.
The May retail sales report peeled back the curtain on the health of the U.S. consumer amid one of the worst global pandemics in modern history.
Following a successful test run, Burger King rolled out its Impossible Croissan'wich nationwide. Here's what Yahoo Finance thought about the new breakfast sandwich.
The latest developments surrounding COVID-19 and its continued impact on the U.S. economy will take center stage in a busy week ahead.
On the heels of the blowout May jobs report, market participants got another update on how the U.S. Labor Market is faring amid the ongoing COVID-19 crisis with the weekly jobless claims report Thursday morning.