It’s officially August, which means we’re getting close to the fall hardware season, and two recent FCC filings from Amazon and Google could hint at a couple products the companies may — or may not — reveal. Google’s product is pretty mysterious; the product is described only as a “Wireless Device.” It appears to be battery-powered — there’s no AC connection — though it can be powered over a 5V USB connection, and one diagram shows it connected to a laptop for testing…. Source link
Read More »Jobless claims hit new pandemic-era low at 281,000 filings
Weekly jobless claims fell in the latest week, setting a marginal new pandemic-era low as the labor market slowly recovers to levels before COVID-19 walloped the global economy. The Labor Department released its jobless claims report on Thursday morning at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 23: 281,000 vs. 288,000 expected and a revised 291,000 during the prior… Source link
Read More »Jeff Bezos accused his girlfriend’s brother of hiding ownership of a $2.5 million property to avoid paying his legal fees, court filings show
Jeff Bezos said in a court filing that Michael Sanchez tried to avoid paying a defamation judgment. The filing accused Sanchez of transferring his California residence to a limited liability company. Thursday’s court filing marked the latest development in an ongoing legal battle. See more stories on Insider’s business page. Amazon CEO Jeff Bezos on Thursday said in a court filing that his girlfriend’s brother tried to avoid reimbursing his legal fees by hiding his ownership of a $2.5 million… Source link
Read More »Initial filings expected to fall for seventh straight week to new pandemic low
Initial unemployment claims likely dropped for a seventh straight week to a fresh pandemic-era low, with the number of newly unemployed individuals trending down as economic activity ramped further. In the coming weeks, a phase-out of enhanced unemployment benefits across many states may further decrease the total number of claimants. The Department of Labor is set to release its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here are the main metrics expected from the… Source link
Read More »Initial filings dipped to a new pandemic era low last week
Initial unemployment claims dropped more than expected to a fresh pandemic-era low, with new filings inching back toward pre-pandemic levels as more vaccinated Americans return to work and in-person activities. The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 8: 473,000 vs. 490,000 expected and an… Source link
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