It's Thursday ╭∩╮（︶︿︶）╭∩╮

Initial claims


InflationYep, it's that kind of economic statistics dump.

First, we have initial jobless claims rising to their highest level in almost 4 years, to 263,000, though continuing claims were unchanged.

The DOGE firings are finally hitting the numbers.

Also, inflation is rising, with the CPI hitting 2.9% year over year, and the core CPI hitting 3.1%. (Month to month inflation was about 0.4%) 

You can get a more complete redout on inflation here.

To quote Warren Zevon, "Send lawyers, guns, and money, the sh%$ has hit the fan."