2021-08-20 14:55:05
The number of first-time jobless claims in the United States dropped for the fourth consecutive week last week:
The number of first-time jobless claims in the United States dropped for the fourth consecutive week last week. This trend shows that as the economy recovers, labor market conditions are improving. According to data from the Department of Labor on Thursday, in the week ending August 14th, the number of first-time jobless claims under the regular state unemployment benefit plan fell by 29,000 to 348,000, which is the first time since the outbreak of the new crown epidemic. New low. Economists surveyed by Bloomberg had expected it to fall to 364,000.
The U.S. mortgage delinquency rate fell to its lowest level since the outbreak:
As the economic situation improved and struggling homeowners got out of trouble, the mortgage delinquency rate in the United States fell to the lowest level since the outbreak of the epidemic in the second quarter. A survey released by the Mortgage Bankers Association (MBA) showed that the seasonally adjusted delinquency rate fell from 8.22% in the same period last year to 5.47%, the lowest level since the first quarter of 2020.
The U.S. Senator asked TikTok to provide information on the company's collection of user biometric data:
US Senators Amy Klobuchar and John Thune asked TikTok CEO Zhou Shouzi to provide information about the company's collection of consumer data including facial and voice biometrics. The two bipartisan senators stated in a letter that they are alert to an updated policy that “seems to be designed to allow TikTok to automatically collect biometric data, including in video content posted by users. Certain physical and behavioral characteristics.
U.S. Democratic senators called on Taiwan to help solve the problem of car chip shortages:
Three U.S. Democratic senators asked the Taiwan government to help the U.S. solve the problem of chip shortages. In the difficult recovery of the global economy, the lack of chip supply is causing auto factories to stop production and unemployment. Michigan State Senators Gary Peters, Debbie Stabenow, and Ohio Senator Sherrod Brown sent letters to Taiwan’s representative to the United States, Xiao Meiqin, expressing concerns about the threat of semiconductor shortages to the automotive industry.
The US Federal Trade Commission reopened the Facebook antitrust case:
US antitrust officials renewed their antitrust lawsuit against Facebook Inc. in an attempt to save this landmark lawsuit that was rejected by a judge in June. The Federal Trade Commission (FTC) filed a new lawsuit in a federal court in Washington on Thursday, accusing Facebook of violating antitrust laws by acquiring Instagram and WhatsApp to eliminate competition. Like the last lawsuit, the FTC asked the court to reverse the acquisition.
The White House may be disappointed. Citigroup and others predict that OPEC+ may suspend production next month:
One week after the White House issued an appeal to OPEC+ to speed up production, the production measures the organization is considering may be contrary to the wishes of the Biden administration. As the epidemic dragged down oil demand, crude oil prices fell to their lowest level in three months. Citigroup and consulting firm Energy Aspects Ltd. predict that OPEC+ may suspend its proposed production increase plan at its September 1 meeting. "The view that China's economic growth is slowing" has swept the global oil market," said Ed Morse, head of Citi's commodity research. "If OPEC+ meets today, it is almost certain that they will suspend production for at least one month. "
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