Lower travel costs mean we’ll be doing more of it this Fourth of

Lower travel costs mean we’ll be doing more of it this Fourth of July

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A record 71 million expected to travel during holiday period, AAA forecasts; continuing claims continue to climb; trade deficit widened in May; auto sales were sluggish in May.

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Unemployment ticks up

Markets hit new highs; Unemployment rose to 4.1% in June; Fed report emphasizes independence; Air travel complaints rise.

Published 07/05/24

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Published 07/05/24

There’s a bit less sizzle in the labor market

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marcus Group.

Published 07/05/24