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Pressure's on munis as month-end bids rise

Pressure's on munis as month-end bids rise
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.

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US Economy: Strong Recovery In Sight? Weekly Jobless Claims Sees Improvement

US Economy: Strong Recovery In Sight? Weekly Jobless Claims Sees Improvement
04/22/21 AT 3:48 PM
The latest numbers on U.S. unemployment beat out expectations, alleviating concerns that hiring might lag behind the overall economic recovery. Thursday’s data, published by the Department of Labor, shows joblessness claims spending a second week below the record unemployment claims of the Great Recession.
In total, the Department of Labor logged 547,000 new jobless claims, 63,000 less than the consensus estimate found by Bloomberg. That’s 41,000 less than the week prior.
The latest data on ongoing jobless claims ends on April 3 and shows them at 3.674 million, 24,000 more than expected for that period. The week before saw 3.708 million ongoing claims. ....

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2,900 Volvo Truck workers walk out in Virginia, joining ongoing strikes by coal miners, steelworkers, nurses

2,900 Volvo Truck workers walk out in Virginia, joining ongoing strikes by coal miners, steelworkers, nurses
On Saturday, 2,900 workers at Volvo Trucks’ New River Valley plant in Dublin, Virginia, walked off the job, demanding higher wages and improved health and safety measures, benefits and job security. The walkout has begun amid a renewed growth of strikes and other forms of class struggle in the US and in other countries.
Volvo Truck workers had voted by an overwhelming 96.8 percent to strike in February. However, the United Auto Workers union ignored the strike mandate for months, extending the previous contract by 30 days, which gave the company time to prepare strikebreaking operations. ....

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Economic Growth Is Set to Surge. Hiring Might Not Keep Up.

Provided by
Dow Jones
By Sarah Chaney Cambon
U.S. employers might have trouble hiring workers fast enough in coming months to keep up with the projected burst of economic growth.
Consumer spending at restaurants, hotels and salons is already starting to take off as the grip of the Covid-19 pandemic eases and more people get vaccinated and draw on their stimulus checks and savings.
But many economists expect economic activity to pick up faster than payrolls, at least initially, for several reasons, causing bottlenecks and wage pressures.
This happened last year for many manufacturers that experienced labor shortages as Americans working from home ordered more furniture, exercise equipment and other goods than before the pandemic. This year, it is likely to be the case particularly for providers of services requiring proximity to people, since they saw the biggest drops in business and employment during the pandemic ....

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U.S. trade deficit hits record high in February

U.S. trade deficit hits record high in February
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.

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