Schweitz Finance

Weekly jobless claims dropped below 1 million for the first time since March and were 963,000 in the week ending August 8th, the U.S. Department of Labor reports today. As negotiations stall over a 2nd [...]

The Consumer Price Index (CPI) rose 0.6 percent in July, the same increase as in June, the U.S. Bureau of Labor Statistics reports today. The energy index rose 2.5 percent in July while the gasoline [...]

The Producer Price Index (PPI) for final demand increased 0.6 percent in July following a 0.2 percent decline in June and 0.4 percent advance in May, the U.S. Bureau of Labor Statistics reports this morning. [...]

After Friday’s stronger than expected 1.8 million July non-farm payroll jobs report from the U.S. Department of Labor, investors are awaiting for any signals about the size and scope of the 2nd COVID-19 stimulus relief [...]

President Trump issued a series of executive orders on Saturday concerning COVID-19 economic assistance that remains under a cloud of uncertainty and raises legal questions since Congress and not the executive branch is given the [...]

The U.S. economy added 1.8 million jobs in July, while the U.S. unemployment level declined 0.9 percentage point to 10.2 percent, the U.S. Bureau of Labor Statistics reported today. The 1.8 million job increase in [...]

U.S. weekly jobless claims in the week ending August 1st was 1,186,000, a decrease of 249,000, from the previous week’s revised level, the lowest level since the COVID-19 pandemic, and lower than the 4 week [...]