Karen Moscow
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Podcast Appearances
Breaking news on the jobs front this morning.
Applications for U.S.
unemployment benefits edged down last week following a surge during severe winter weather in the previous period.
Initial claims decreased by 5,000 to 227,000 in the week that ended February 7th.
That was still more than the median forecast in a Bloomberg survey of economists, and the week prior was revised higher.
We get more with Bloomberg's end of current.
And as Bloomberg's Enda Curran continuing claims, a proxy for the number of people receiving benefits climbed to 1.86 million in the prior week.
Turning to Washington now, President Trump's signature economic policy has just taken a blow on Capitol Hill.
The House voted to repeal the president's tariffs on goods from Canada, and Democrats are promising more votes to come.
Six Republicans joined with Democrats on this vote, and we get more with Bloomberg's Laura Davison.
And that's Bloomberg's Laura Davison.
The bill will now head to the Senate, which has already voted to reject Trump's tariffs on Canada and other countries in a show of displeasure.
House Republicans have advanced the Save America Act, a bill that would impose strict new voter ID requirements ahead of the midterms.
Bloomberg's David Gurra has more.
And Bloomberg's David Gurra reports House Republicans are urging the Senate to change its filibuster rule to bring the bill to the president's desk.
Senate leaders are resistant to that.
Democratic lawmakers accused Attorney General Pam Bondi of using the U.S.
Justice Department to target enemies of President Trump and of bungling the release of files on disgraced financier Jeffrey Epstein.
This came during a fiery hearing of the House Judiciary Committee.
It was Bondi's first appearance before Congress since October.