Goldman Sachs Group reportedly calculated that initial claims for unemployment benefits in the United States inched up from 218,000 to 224,000 during the week ended Saturday (Sept. 27).By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no addition ...

Global investors are powering through the U.S. government shutdown, and the suspension of a key data release from the Bureau of Labor Statistics, as stocks extend their record-setting rally into early October.The BLS was due to publish its September jobs report at 8:30 a.m. Eastern time, but the ongoing government shutdown will delay that release indefinitely.Curiously, despite a weaker-than-expected reading for private job creation from payroll processing group ADP earlier this week, and data from Challeng ...

To gain an edge, this is what you need to know today.Hedge America TradePlease click here for an enlarged chart of SPDR Gold Trust (NYSE:GLD).Note the following:The chart of GLD is a monthly chart to give you a long term picture.The chart shows a parabolic move up in gold.The chart shows resistance is at zone 1.  Zone 1 is also the magnet for traders.Gold is moving up again on the government shutdown.In our analysis, gold has become the quintessential hedge America trade.  Foreigners do not want to buy U.S. ...

The ADP private-sector jobs report showed a labor force that continues to deteriorate. ...