Jobless Claims Settle Back, Trump Rebuked on Canada, More
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What are the latest trends in U.S. jobless claims?
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News when you want it with Bloomberg News Now. I'm Karen Moskowski. 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.
They're not a game changer in and of themselves, but it's probably a reminder that the soft labour market story hasn't totally gone away.
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.
You know, we're starting to see, you know, Republicans really come out. Against some of the tariffs, there was a lot of vote no, hope yes yesterday among House Republicans in terms of, you know, wanting to see this, you know, not wanting to stand out and specifically rebuke the president. But they're recognizing that there's a messaging issue with voters that, you know, voters are not happy with the economy. They think prices are too high and they recognize that tariffs are contributing to a piece of that.
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.
This is the Safeguard American Voter Eligibility Act, one that would require you to produce evidence that you are in fact a citizen when you cast a ballot. This was another close vote in the House, 218 to 213. This one did go in Speaker Mike Johnson's favor. I think what will be interesting to see here is the way in which this makes its way through the Senate, if in fact it does.
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. Backed by Republicans on the panel, Bondi touted her department's record supporting Trump's agenda, particularly against undocumented immigrants who have been accused of committing crimes.
It is day 12, and the search for today hosts Savannah Guthrie's mother, Nancy. FBI agents are doing an extensive search in the foothills of the Catalina Mountains. Investigators have been looking through brush and along roads for anything the man seen on video at the 84-year-old's front door might have discarded. And here's retired FBI agent Richard Frankel.
Any debris that was thrown out on the side of the road, anything that was dropped on the side of the road, it could be really, you know, a piece of paper, something with a fingerprint on it. You know, I've been in these cases where, you know, you'll go back and we found cell phones two, three days later.
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