In another sign of a cooling labor market, available positions in the US ...
In another sign of a cooling labor market, available positions in the US dropped to 8.7 million in October, the lowest since 2021 and well below estimates for the month. That was music to the ears of the Fed, which wants to see the labor market soften alongside easing inflation before it considers cutting interest rates. Meanwhile, the unemployment rate remained near historic lows, though it climbed to 3.9% last month—its highest level since January 2022.
The US will deny visas to violent Israeli settlers
The Biden administration on Tuesday said it will impose ...
The Biden administration on Tuesday said it will impose travel bans on Israeli settlers and Palestinians who have committed violence in the West Bank. Secretary of State Antony Blinken said the new policy will target “individuals believed to have been involved in undermining peace, security, or stability” in the West Bank, where violence has spiked during Israel’s war against Hamas in Gaza. In October, President Biden said Israeli settlers were “attacking Palestinians in places that they’re entitled to be” and has reportedly pressured Israeli officials to take more action against settlers.
Historybook: 13th Amendment of the US Constitution is ratified, abolishing slavery...
Historybook: 13th Amendment of the US Constitution is ratified, abolishing slavery (1865); Washington Monument completed (1884); Hollywood actress Agnes Moorehead born (1900); NBA star Giannis Antetokounmpo born (1994); NASA photographs suggest presence of liquid on Mars (2006).
Sen. Tommy Tuberville (R-AL) finally gave up on his monthslong obstruction of hundreds of US military appointments.
Panera’s caffeinated Charged Lemonade was blamed for a second death after a man in Florida drank three and suffered a fatal heart attack.
A group of activist nuns sued gun-maker Smith & Wesson to get the company to change how it makes and markets its AR-15 rifle.
Zepbound, Eli Lilly’s weight loss drug, is now available in the US as an alternative to Novo Nordisk’s Wegovy.
Lionel Messi was named Time’s 2023 Athlete of the Year.
Crude oil inventories in the United States rose this week by...
Crude oil inventories in the United States rose this week by 594,000 barrels for the week ending December 1, according to The American Petroleum Institute (API), after a 817,000-barrel draw in crude inventories in the week prior. Analysts had expected inventories to go in a different direction, anticipating a 2.267 million barrel draw.
API data shows a net build in crude oil inventories in the United States of nearly 21 million barrels so far this year.
Cushing inventories saw the largest increase this week, rising by 4.28 million barrels, after falling by 465,000 barrels in the previous week.
Benchmark U.S. crude oil for January delivery fell 72 centsto $72.32 per barrel Tuesday. Brent crude for February delivery fell 83 cents to $77.20 per barrel.
Wholesale gasoline for January delivery fell 2 centsto $2.11 a gallon. January heating oilfell 2 centsto $2.64 a gallon. January natural gasrose 2 cents to $2.71 per 1,000 cubic feet.