Video game companies, for example, have started to raise prices amid a backdrop of ongoing tariff uncertainty.
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WASHINGTON (AP) — The number of Americans filing unemployment claims last week fell slightly as businesses continue to retain employees despite growing economic uncertainty overApplications for jobless benefits fell by 2,000 to 227,000 for the week ending May 17, the Labor Department said Thursday. That’s pretty close to the 230,000 new applications analysts forecast.Weekly applications for jobless benefits are seen as representative of U.S. layoffs and have mostly bounced around a historically healthy range between 200,000 and 250,000 since COVID-19 ravaged the economy and wiped out millions of jobs five years ago.
Even though President Donald Trump hasor dialed down many of his tariff threats, concerns remain about a global economic slowdown that could upend the U.S. labor market, which has been a pillar of the American economy for years.
The U.S. and China last week agreed to a
, giving financial markets a boost and at least temporarily relieving some of the anxiety over the impact of tariffs on the U.S. economy.Oklahoma officials also offered differing views.
Republican Gov. Kevin Stitt and state School Superintendentsaid the fight is far from over. “There will be another case just like this one and Justice Barrett will break the tie,” Stitt said.
Attorney General Gentner Drummond, also a Republican, sued to stop the school. He called the 4-4 vote “a resounding victory for religious liberty” that also will ensure that “Oklahoma taxpayers will not be forced to fund radical Islamic schools, while protecting the religious rights of families to choose any school they wish for their children.”During arguments, Justice Samuel Alito said, “We have statement after statement by the attorney general that reeks of hostility toward Islam.”