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Applications for unemployment benefits fell significantly last week after it appeared claims had reached a modestly elevated level in recent weeks Applications for unemployment benefits fell significantly last week after claims appeared to stabilize at modestly elevated levels in recent weeks . U.S. applications for jobless claims fell by 26,000 to 239,000 for the week ending June 24, the Labor Department reported Thursday. Economists were expecting the elevated claims numbers to continue above 260,000, where they had settled the past three weeks. The four-week moving average of claims , which evens out some of the weekly fluctuations, rose by 1,500 to 257,500. Jobless claims applications are seen as representative of the number of layoffs in a given week. Overall, 1.74 million people were collecting unemployment benefits the week that ended June 17, 19,000 fewer than the previous week. Source: https://thefoxposts.com/applications-for-jobless-benefits-in-the-u-s-retreat-after-thr...

Ukraine’s military intelligence claims that Russia is plotting a “large-scale provocation” at a nuclear power plant designed to put hostilities on pause and give Moscow’s forces a respite they badly need to regroup ahead of the looming Ukrainian counte... KYIV, Ukraine -- Ukraine's military intelligence has claimed, without offering evidence, that Russia is plotting a “large-scale provocation” at a nuclear power plant it occupies in the southeast of the country with the aim of disrupting a looming Ukrainian counteroffensive. A statement released Friday by the intelligence directorate of Ukraine's Defense Ministry claimed that Russian forces would strike the Zaporizhzhia nuclear power plant, the biggest in Europe, and then report a radioactive leak in order to trigger an international probe that would pause the hostilities and give the Russian forces the respite they need to regroup ahead of the counteroffensive. In order to make that happen, Russia “disrupted the rotation of p...

The number of Americans applying for unemployment benefits jumped last week but remain low overall, even as the Federal Reserve has furiously raised interest rates to beat down inflation and cool the labor market The number of Americans applying for unemployment benefits jumped last week but remain low overall, even as the Federal Reserve has furiously raised interest rates to beat down inflation and cool the labor market. The Labor Department reported Thursday that applications for jobless claims for the week ending April 29 rose by 13,000 to 242,000 from 229,000 the previous week. The weekly claims numbers are considered a proxy for layoffs. The four-week moving average of claims, which flattens some of the week-to-week volatility, rose by 3,500 to 239,250. Overall, 1.81 million people were collecting unemployment benefits the week that ended April 22, about 38,0000 fewer that the previous week. American workers are enjoying unusual job security despite rising interest rates, eco...

Fox and Dominion Voting Systems have reached a $787 million settlement in the voting machine company’s defamation lawsuit WILMINGTON, Del. -- Fox News agreed Tuesday to pay Dominion Voting Systems nearly $800 million to avert a trial in the voting machine company's lawsuit that would have exposed how the network promoted lies about the 2020 presidential election. The stunning settlement emerged just as opening statements were supposed to begin, abruptly ending a case that had embarrassed Fox News over several months and raised the possibility that network founder Rupert Murdoch and stars such as Tucker Carlson and Sean Hannity would have to testify publicly. “The truth matters. Lies have consequences,” Dominion lawyer Justin Nelson told reporters outside a Delaware courthouse after Superior Court Judge Eric Davis announced the deal. Outside of the $787.5 million promised to Colorado-based Dominion, it was unclear what other consequences Fox would face. Fox acknowledged in a statem...

The Los Angeles Lakers have been on the wrong end of some high-profile officiating miscues of late. The most recent was LeBron James clearly getting fouled by Jayson Tatum on a Game -winning layup attempt against the Boston Celtics on Saturday (which the Last Two Minute Report confirmed the following day), only to have the refs swallow their whistle and allow the Game to go into overtime, where the Lakers lost.  LeBron James was clearly fouled with a chance to win the Lakers-Celtics Game , but the refs didn't call it. He was not happy. 🏀 pic.twitter.com/Y5kBjTHg1o — The Comeback (@thecomeback) January 29, 2023 A few weeks earlier, James was burned by a no-call on another potential Game -winning layup attempt in a double-overtime loss to the Dallas Mavericks; the Last Two Minute Report confirmed that Christian Wood indeed hacked LeBron with the score tied and the final seconds ...