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The number of Americans filing initial jobless claims last week unexpectedly fell to the lowest level in 52 years, faring much better than economists were expecting. Forbes has the details @ https://bit.ly/3yaSZ53

The Number Of Americans Filing For New Unemployment Benefits Just Fell To A 52-Year Low Economists were expecting about 211,000 new jobless claims last week.

The Federal Reserve is preparing to pivot if inflation doesn’t slow as expected in the second half of next year. Reuters has the details @ https://reut.rs/3ruNSeO

With inflation risks rising, Fed's Powell prepares for possible pivot The U.S. central bank needs tobe ready to respond to the possibility that inflation may not recede in the second half of next year as most forecasters currently expect, Federal Reserve Chair Jerome Powell said on Wednesday.

Retailers are hoping this year’s holiday shopping will put them in the green, but supply chain issues and lower consumer spending may have them seeing red. AP News has the details @ https://cnb.cx/3xNyM54

Retailers need to stoke the Christmas spirit to hit lofty holiday sales targets Target, Walmart and other retailers hope to propel strong holiday shopping into December, despite a wave of early purchases and fears over the omicron variant.

Manufacturing in the U.S. continued to grow in November, despite ongoing supply chain challenges. AP News has the details @ https://bit.ly/3ddpWUZ

US manufacturing activity continues growth in November | AP News SILVER SPRING, Md. (AP) — U.S. manufacturing activity grew at a faster pace in November with producers trying to keep up with demand amid ongoing supply shortages and delays. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its index of manufacturing a...

Want your holidays to be merry and bright? You’ll want to get a jump on your holiday shopping. CNBC has the scoop @ https://cnb.cx/2Z290NN

3 reasons to start holiday shopping today even though it's November This holiday season is looking to be much different than past shopping seasons. Here's why consumers should shop earlier rather than wait to the last minute this year.

A manufacturing survey conducted by the Federal Reserve shows that U.S. manufacturers are feeling the inflationary pressures. Bloomberg has the details @ https://bloom.bg/3DBsmZ2

U.S. Manufacturing Surveys Show More Price Pressures, Demand A pair of Federal Reserve regional manufacturing surveys this week illustrate how inflationary pressures continue to build as demand powers ahead and further stresses supply chains.

A judge dismissed a lawsuit accusing Robinhood and other brokerages of preventing retail investors from purchasing “meme stocks.” Reuters has the details @ https://reut.rs/3wZDU5Z

Robinhood, others win dismissal of meme stock 'short squeeze' lawsuit A U.S. judge dismissed a lawsuit accusing Robinhood Markets Inc and other brokerages of wrongly preventing retail investors from buying fast-rising "meme stocks," triggering a sell-off.