Initial Unemployment Claims Up 13K, Higher Than Expected

Published on June 4, 2026

In the week ending May30th, initial jobless claims were at a seasonally adjusted level of 225,000, the highest level in nearly four months. This represents an increase of 13,000 from the previous week's figure and was higher than the forecast of 214,000.

Continue reading on website
Other news

AI Spending Could Widen Gap Between Largest Firms and Others

June 4, 2026
During this week’s BNY INSITE conference, M&A experts stressed that deal activity would likely increase in the coming years, though firms shouldn’t feel pressure to sell for its own sake.

Vehicle Sales Inch Up 0.4% in May

June 4, 2026
Vehicle sales inched up in May, coming in at a seasonally adjusted annual rate of 16.083 million units. This represents a 0.4% increase from the previous month and a 3.2% rise from one year ago.