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US Weekly Jobless Claims Fall Amid Stable Labor Market Conditions

The number of Americans filing new applications for unemployment benefits fell last week from an upwardly revised level in the prior week, suggesting layoffs remained low, but tepid hiring is stoking households' anxiety about the labor market. While difficulties adjusting the weekly unemployment claims data for seasonal fluctuations around the...

US Senate Democrats Demand Immigration Reforms to Avert Shutdown

U.S. Senate Democrats called for new restrictions on immigration agents on Wednesday, setting up a confrontation with the Trump administration that could lead to a partial government shutdown. Senate Democratic Leader Chuck Schumer said agents with the Department of Homeland Security, including ICE, must stop wearing face masks, use body cameras,...

Teachers Assail Fresno Unified Trustees for Doubling Their Own Pay

The Fresno Unified School Board adopted a state-approved stipend change, more than doubling trustees' monthly pay and generating barbs from the teachers union. Earlier this month, trustees voted, 6-1, to increase their monthly stipend from $2,110 to $4,500, or $54,000 annually, starting Feb. 1. “I don't really see it as...

Gold Extends Record Run, Races Past $5,400/Oz

Spot gold extended its record‑setting rally on Thursday, marching above the $5,400 per ounce mark as investors sought safety amid deepening economic and geopolitical uncertainty. Spot gold XAU= was up 0.3% at $5,413.67 an ounce at 2209 GMT after hitting a record high at $5,418.39 earlier in the session. Geopolitical...

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