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Jobless claims tumbled to 3-year low in a no-hire, no-fire U.S. economy
The number of people who applied for unemployment benefits around the Thanksgiving holiday fell to a more than three-year low, reinforcing the view that businesses are mostly avoiding layoffs even as they freeze hiring. So-called initial jobless claims sank by 27,000 in the seven days ended Nov. 29, from a revised 218,000 in the prior week, the government said Thursday. It's the lowest reading since September 2022. The drop in new claims was likely exaggerated by Thanksgiving. Lots of people who lose jobs around a holiday tend to delay filling out their applications. Key details: The number of people already ... (full story)
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From dol.gov|Dec 4, 2025|93 commentsIn the week ending November 29, the advance figure for seasonally adjusted initial claims was 191,000, a decrease of 27,000 from the previous week's revised level. This is the ...
From fxleaders.com|Dec 4, 2025Ethereum has seen a 5% surge over the past 24 hours, finally breaking back above $3,200, all thanks to the eagerly anticipated Fusaka upgrade, which went live today. Fusaka, the ...
From financefeeds.com|Dec 4, 2025Cryptocurrency is widely recognized for its extreme price volatility. Unlike traditional financial markets, where changes are often gradual, crypto prices can swing dramatically ...
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From cnbc.com|Dec 4, 2025|1 commentBitcoin ’s more than 30% drop from its record high underscores the volatility that has come to characterize the cryptocurrency. Moves from previous cycles not only show how the ...
From finance.yahoo.com|Dec 4, 2025It's hard to tell just looking at the price charts if bitcoin (BTC-USD) investors have been naughty or nice. A bruising November has given way to some relief — and the prospects ...
From cftc.gov|Dec 4, 2025Commodity Futures Trading Commission Acting Chairman Caroline D. Pham today announced that listed spot cryptocurrency products will begin trading for the first time in U.S. federally regulated markets on CFTC registered futures exchanges. The announcement marks a significant step forward in the Trump Administration’s pledge to usher in a Golden Age of Innovation and make America the “crypto capital of the world.” “The CFTC has a rich history of welcoming responsible innovation on futures exchanges by balancing regulatory flexibility with core principles that safeguard both institutional and retail traders. Thanks to President Trump’s leadership, this Administration has developed a comprehensive all-of-government plan for America to reclaim its place as the world leader in digital asset markets, and the CFTC has a central role to play,” Acting Chairman Pham said. “Recent events on offshore exchanges have shown us how essential it is for Americans to have more choice and access to safe, regulated U.S. markets. Now, for the first time ever, spot crypto can trade on CFTC-registered exchanges that have been the gold standard for nearly a hundred years, with the customer protections and market integrity that Americans deserve. “Fifteen years ago, Congress passed important reforms to strengthen U.S. markets after the great financial crisis, including the requirement that leveraged retail commodity trading can only occur on futures exchanges. But the CFTC never implemented this critical customer protection reform by providing regulatory clarity on how to list these retail exchange traded products despite years of market demand. Instead, the CFTC chose regulation by enforcement rather than making clear rules of the You can now trade listed spot crypto on @CFTC exchanges. We’re working smarter and faster to protect Americans who deserve safe U.S. markets, not offshore exchanges
