The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 260,000 to 271,000 (consensus 265,000), and the Department of Labor reported 261,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 265,350 (reported last week as 265,350) to 264,000. The rolling averages generally have been equal to or under 300,000 since August 2014.
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The Food and Drug Administration has approved a new drug called Venetoclax that melts away cancer cells. It treats chronic lymphocytic leukemia, and not only kills cancer cells, but also prevents them from replicating.
Infographic Of The Day: 15 Muscle Building Tips
There are many ways to build muscle. Some of these are eating five to six small meals a day, strengthening your core, not sticking with a workout routine, doing some water sports, and consuming the right nutrients after workouts.
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25Aug2016 Pre-Market Commentary:The Specter of Jackson Hole Is Weighing On the MarketsThe specter of Jackson Hole Is Weighing On the Markets
by Lee Adler, Wall Street Examiner
According to Jeff Reeves at Marketwatch, this is the best time in history to invest in real estate. Having spent half my professional life in the real estate and real estate finance businesses, let's just say I was 'curious' as to how he reached that conclusion. So I wiped the chocolate milk off my face that I had just spit up through my nose, took a deep breath, and dove in.
The Ongoing Collapse Of Turkey's Secular Democracy And... The Backstory To The Attempted Turkish Cou
Written by Gary
Not only are most major global markets in the red, the USA markets look like they will also open moderately down from yesterday's close. Pundits claim investors are sitting on the sidelines awaiting clarity from Fed Chair Yellen tomorrow on interest rates. The specter of Jackson Hole is weighing on the dollar, oil, and gold.
Written by Steven Hansen
The headlines say the durable goods new orders improved significantly this month. The unadjusted three month rolling average declined significantly this month and remains in contraction.