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Initial claims fell by 17,000 last week, in part because of a drop in Michigan, Missouri, and Texas, states that had registered large increases in unemployment applications in prior weeks.

The offering of notes in five parts, for general corporate purposes, will help support investment in AI.

Even if economic indicators continue to recommend a rate reduction, central bankers won't want to spark a sense of panic in the markets.

The Fed maintains they are not considering a half-point cut in September, but many think such a large move is in order.

While some employees are happy to comply, others worry about everything from partners' jobs to childcare options to the political climate in Arkansas.

Unemployment is close to triggering a recession indicator that has a perfect track record over the last half-century.

Deterioration in the labor market cements the Fed's path to interest rate cuts in September.

"The press conference today basically tells you that September [rate cuts are] going to happen unless the economic outlook changes materially."