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Fewer Americans applied for unemployment benefits last week as the labor market continues to show fortitude in the face of higher interest rates Fewer Americans applied for unemployment benefits last week with the labor market continuing to cruise along despite higher interest rates intended to cool hiring. U.S. applications for jobless claims fell by 9,000 to 228,000 for the week ending July 15, from 237,000 previous week, the Labor Department reported Thursday. The four-week moving average of claims, which evens out some of the weekly volatility, fell by 9,250 to 237,500. Jobless claim applications are viewed as reflective of the number of layoffs in a given week. For three weeks in late May and early June, jobless claims had appeared to reach a sustained, higher level, above 260,000. But the past four weeks, claims have retreated and the labor market remains historically healthy. Since more than 20 million jobs vanished when the COVID-19 pandemic hit in the spring of 2020, U.S. emp...

UFO hunter s claim to have found remarkable evidence of extraterrestrial activity after a “beetle-like” UFO was filmed over Mexico. UFO hunter s claim to have found remarkable evidence of extraterrestrial activity after a “beetle-like” UFO was filmed over Mexico. The poor-quality clip, apparently shot in 2015, depicts an Unidentified Flying Object (UFO) hovering in the sky. The matt-black object appears to be circular, with at least two limp leg-like protrusions at its base. Without providing any evidence to corroborate his claims, ET hunter and conspiracy theorist Scott Waring believe this video was captured over Mexico City, Mexico. Mr Waring took to his blog UFO Sightings Daily to speculate further about the origin of this supposed UFO event. He said of the 38-second video: “The object looks like a giant black beetle. “The details about this old sighting are vague, but the video looks real and never before have I ever...