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Unemployment Applications Drop Across Country

Applications for unemployment benefits fell significantly last week after claims appeared to stabilize at modestly elevated levels in recent weeks. U.S. applications for jobless claims fell by 26,000 to 239,000 for the week ending June 24, the Labor Department reported Thursday. Economists were expecting the elevated claims numbers to continue above 260,000, where they had settled the past three weeks. “We have no specific explanation for this sudden dip, after three straight weeks in a narrow range from 262K to 265K, but observations for individual weeks always have to be viewed ...

Artificial Intelligence Reaches Military Tech

Josh Lospinoso’s first cybersecurity startup was acquired in 2017 by Raytheon/Forcepoint.. His second, Shift5, works with the U.S. military, rail operators and airlines including JetBlue. A 2009 West Point grad and Rhodes Scholar, the 36-year-old former Army captain spent more than a decade ...

Briefly

Mobile Pantry Truck To Be In Ashville ASHVILLE — The Feed More of Western New York Mobile Pantry Truck from Falconer will be at the Ashville United Methodist Church on Tuesday from 10 a.m. to noon and 3 to 5 p.m. The truck brings fresh produce and some staple items. To receive free food, only proof of address from the following ZIP codes is required: Ashville 14710, Bemus Point 14712, Celoron 14720, Lakewood 14750, Niobe 14758, Panama 14767, Stow 14785 and anyone who lives in the town of Busti. Face masks are optional. We have extra masks if you want one. The food is pre-boxed like ...

Lack Of Supply

ATLANTA — Entering court using a walker, a doctor’s note clutched in his hand, 70-year-old Dana Williams, who suffers serious heart problems, hypertension and asthma, pleaded to delay eviction from his two-bedroom apartment in Atlanta. Although sympathetic, the judge said state law ...

Home Sales Inch Up In May Amid Record-Low Inventory And Price Drops

LOS ANGELES — Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, even as the supply of available properties sank to an all-time low. Existing home sales rose 0.2% last month from April to a ...

Advice For Supporting Adult Kids Financially

Some parents will tell you firsthand there’s no expiration date on this raising kids gig. For some, that means they extend financial help to their kids into adulthood. When I was 21 and got into a master’s program at a college of my dreams, my mom swooped in to help me pay for my degree. Many parents have been kind enough to do this and more. When I say “many,” I’m backed up by a 2023 survey from Savings.com that found 45% of parents with a child 18 or older spend an average of over $1,400 per month supporting their kids financially, excluding adult kids with ...