DBDan Burns

1. Article · Jul 23, 2026 · Dan Burns

   U.S. weekly jobless claims plunge to lowest since 1969 (opens the original)

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   The number of Americans seeking unemployment benefits for the first time unexpectedly fell last week to the lowest since the 1960s, indicating the U.S. job market continues on an even keel and leaving Federal Reserve officials to keep their focus on containing inflation. Initial claims for state jobless benefits dropped by 22,000 – the largest decline in three months – to a seasonally adjusted 187,000 for the week ended July 18, the Labour Department said on Thursday. That was the lowest level o

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2. Article · Jul 13, 2026 · Dan Burns

   Higher rates possibly needed in ‘near term,’ U.S. Fed’s Waller says (opens the original)

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   The U.S. central bank may need to raise interest rates “in the near term” if coming data show inflation continuing well above the 2 per cent target, Federal Reserve Governor Christopher Waller said on Monday, in remarks that characterized monetary policy as being at a “crossroads.” Waller, in remarks prepared for delivery to the New York Association for Business Economics, said the direction will be determined by new information starting with a consumer inflation report on Tuesday, and the Fed i

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