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AUSTRALIA RESOURCES MINISTER: EAST COAST GAS RESERVATION POLICY WILL BEGIN JULY 2027

2026-05-07

AUSTRALIA RESOURCES MINISTER: EAST COAST GAS RESERVATION POLICY WILL BEGIN JULY 2027

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2026-05-07

RUSSIA CALLS ON FOREIGN EMBASSIES TO EVACUATE DIPLOMATS FROM UKRAINIAN CAPITAL

RUSSIA CALLS ON FOREIGN EMBASSIES TO EVACUATE DIPLOMATS FROM UKRAINIAN CAPITAL
2026-05-07

US initial jobless claims rose by 10,000 to 200,000 in the week ended May 2, slightly above the prior week but below economist forecasts, signaling layoffs remain limited despite recent corporate job-cut announcements. Continuing claims fell to 1.77

US initial jobless claims rose by 10,000 to 200,000 in the week ended May 2, slightly above the prior week but below economist forecasts, signaling layoffs remain limited despite recent corporate job-cut announcements. Continuing claims fell to 1.77 million, the lowest level in two years. The data suggest the labor market remains in a “low-hire, low-fire” environment, even as companies including Meta and Nike announce layoffs. Economists expect Friday’s April jobs report to show a second monthly payroll increase, while a separate consecutive report showed tech-sector job cuts continued to rise.
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