US Jobless Claims Rise as Crypto Faces Fed Pressure

US jobless claims rose modestly last week, yet the American labor market continued showing surprising strength despite ongoing layoffs across major corporations. The Labor Department reported 200,000 new unemployment claims for the week ending May 2, slightly below economists’ expectations of 205,000 filings.  The data reinforced expectations that the Federal Reserve could keep interest rates […] Read The Full Article US Jobless Claims Rise as Crypto Faces Fed Pressure On Coin Edition.