Economy
The Great Standoff: Jobless Claims Hit 205,000 as Fed’s "Hawkish Hold" Meets a Fragile Labor Market
The U.S. labor market continues to defy gravity, or at least the gravity of high interest rates, as initial jobless claims fell to a surprising 205,000 for the mid-March reporting period. This figure, significantly lower than the 215,000 expected by Wall Street, has sent a clear message