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US unemployment

US economy grows at fastest rate in nearly two years

WASHINGTON: The US economy heated up in the third quarter, government data showed on Thursday, as a resilient job...

Published 27 Oct, 2023 05:16am

Markets

US yields rise after data reinforces Powell hawkishness

NEW YORK: Treasury yields rose to three-month highs on Thursday after U.S. data solidified the picture of an economy...

Published 29 Jun, 2023 09:11pm

Business & Finance

US dollar tumbles as Fed outlook weigh

**NEW YORK: The US dollar fell across the board on Thursday, moving in line with lower Treasury yields, as investors...

Published 10 Feb, 2023 03:56am

Markets

Fed official sees chance to lower inflation without major downturn

WASHINGTON: US unemployment has stayed low despite rising interest rates and easing inflation, representing a...

Published 10 Jan, 2023 11:15pm

Markets

Fed wants 'flexibility' on rates as inflation remains key focus, minutes show

WASHINGTON: All officials at the Federal Reserve's Dec. 13-14 policy meeting agreed the U.S. central bank should ...

Published 05 Jan, 2023 12:55am

Fed raises rates by half percentage point, sees economy nearing stall

WASHINGTON: The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least...

Published 15 Dec, 2022 06:00am

Markets

Fed lifts rates by half percentage point, sees economy nearing stall speed

The Fed's policy rate, which began the year at the near-zero level, is now in a target range of 4.25% to 4.50%, the highest since late 2007

Published 15 Dec, 2022 12:22am

Business & Finance

'Substantial majority' of Fed officials see rate hikes slowing 'soon', minutes show

WASHINGTON: A "substantial majority" of policymakers at the Federal Reserve's meeting early this month agreed it...

Published 24 Nov, 2022 12:32am

Business & Finance

US weekly jobless claims rise moderately

WASHINGTON: The number of Americans filing new claims for unemployment benefits increased moderately last week,...

Published 23 Sep, 2022 05:50am

World

US unemployment filings decline for second straight week

Last week's filings were 14,000 less than the previous week's downwardly revised level, but remained above the post-pandemic low of 368,000

Published 05 Aug, 2021 08:26pm

World

New US unemployment benefit claims see surprise jump above 400,000

WASHINGTON: New applications for US unemployment benefit saw a surprise uptick last week, the government said...

Updated 22 Jul, 2021 08:48pm

Business & Finance

US labour market healing

WASHINGTON: The number of Americans filing new claims for unemployment benefits increased last week for the first...

Published 18 Jun, 2021 04:16am

Markets

Oil hits two-year highs

NEW YORK: Oil prices edged up to their highest in over two years in volatile trade on Thursday, on optimism for...

Published 11 Jun, 2021 03:41am

World

New US unemployment filings drop for third straight week

The Labor Department reported 444,000 new unemployment filings, seasonally adjusted, were made in the week ended May 15.

Published 20 May, 2021 09:13pm

World

US weekly jobless claims decline again, hitting new pandemic low

"We expect further declines over the next few months as the reopening continues, while payroll growth will accelerate markedly."

Published 22 Apr, 2021 07:19pm

World

New US jobless claims increase for second straight week

Another 151,752 applications, not seasonally adjusted, were filed under a special pandemic aid program for freelance workers, about 85,000 less than the prior week.

Published 08 Apr, 2021 07:46pm

World

Dire unemployment forecast demands ‘immediate action’: White House advisers

WASHINGTON: Two top White House economists on Wednesday pushed back against overly rosy interpretations of the...

Published 04 Feb, 2021 04:13am

Markets

Oil falls as China lockdown, US unemployment data temper gains

Brent was down 83 cents, or 1.5%, at $55.59.
US West Texas Intermediate crude was down 57 cents, or 1.1%, at $53 a barrel.

Published 15 Jan, 2021 07:51pm

Business & Finance

JPMorgan Chase scores record profit, lowers reserves for bad loans

The biggest US bank by assets reported record quarterly profits of $12.1 billion, up 42.4 percent from the year-ago levels.
Some sectors, such as homebuilders and technology, are also seeing strong demand in the stay-at-home economy.

Published 15 Jan, 2021 06:28pm

World

Youth unemployment: a scourge of the COVID-19 economy

In the United States, Gen Z members were more likely than any other age group to report being affected by unemployment or lost income.

Published 24 Dec, 2020 12:28pm

Business & Finance

Five worrying takeaways from Friday's U.S. jobs report

The troublesome signs for the labor market were hardly limited to the underwhelming headline number, which showed the weakest job growth since the recovery began from the swoon induced by the COVID-19 outbreak earlier this year.

Published 05 Dec, 2020 10:11am

World

US unemployment claims drop sharply in latest week

That decline pushed the weekly level to its lowest point since mid-March, at the start of the pandemic.

Published 12 Nov, 2020 08:09pm

World

US sees surprise dip in unemployment rate to 6.9% in October

House Speaker Nancy Pelosi said McConnell's call for a smaller bill "doesn't appeal to me at all, because they still have not agreed to crush the virus."

Updated 07 Nov, 2020 01:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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