U.S. first-time jobless claims fall to 837,000 in mid-September from 873,000
The S&P 500 has completed its best six-month performance since 2009, as stimulus measures from central banks and governments have bolstered investors’ appetite for stocks.Crude prices late next year will remain well short of the level that they last hit early this year in the weeks before coronavirus-induced travel restrictions and lockdowns began to weigh on prices.
U.S. consumer spending rose 1.0% in August while incomes fell, presenting a new hurdle for the economic recovery.Filings for jobless benefits held nearly steady at 837,000 for the fifth straight week, reflecting a labor-market recovery that is losing some momentum.With ‘Time,’ a Sundance-winning documentary debuting this month on Amazon Prime, and a major museum show opening, artist and filmmaker Garrett Bradley is gaining recognition for her resonant work.A family infused a Western aesthetic into the home they built outside Richmond, Va. It is listed for $2.75 million.Moving supply chains out of China is no simple task, especially when the country’s economy is a global bright spot. Big carrots, and not just big sticks, will be needed.
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