The number of Americans seeking unemployment benefits fell modestly last week, remaining within the same range of recent years. Jobless claim filings fell by 6,000 to 219,000 for the week ending March 29, the Labor Department said Thursday. That’s less than the 226,000 new applications analysts forecast. Weekly applications for jobless benefits are considered a proxy for layoffs, and have remained mostly in a range between 200,000 and 250,000 for the past few years. However, following the Trump administration’s announcement of widespread tariff hikes yesterday, economists are worried about a global economic slowdown that could upend what has been an incredibly resilient labor market.

The evacuation of the Shajaiya neighborhood in eastern Gaza City is underway. This holds special importance as it expands the buffer zone from the Gaza border from one kilometer to two kilometers.

U.S. Senator Jim Risch (R-Idaho), chairman of the Senate Foreign Relations Committee, and Ranking Member Jeanne Shaheen (D-NH) sent a sharply worded letter to Lebanon on Wednesday urging the  Lebanese Armed Forces (LAF) to accelerate the implementation of the US-brokered ceasefire between Hezbollah and Israel or face a possible “reasssment” of US military aid. “We are at a critical moment in Lebanon. The Lebanese people have an opportunity to break Iran’s stranglehold on Beirut,” they wrote. The lawmakers expressed frustration over the LAF’s “too slow” implementation of the fulfillment of the ceasefire conditions. “The US should be prepared to expand assistance to the LAF to support expeditious fulfillment of the ceasefire obligations.

General Motors just announced it will increase truck production at its assembly plant in Fort Wayne, Indiana, in light of President Trump’s tariffs. The company will also increase overtime and hire additional workers.

Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across continents, including his own. The S&P 500 sank 4.8%, more than in major markets across Asia and Europe, for its worst day since the pandemic crashed the economy in 2020. The Dow Jones Industrial Average dropped 1,679 points, or 4%, and the Nasdaq composite tumbled 6%. Little was spared in financial markets as fear flared about the potentially toxic mix of weakening economic growth and higher inflation that tariffs can create. Everything from crude oil to Big Tech stocks to the value of the U.S. dollar against other currencies fell.

The U.S. Senate voted down a pair of resolutions from Sen. Bernie Sanders (I-Vt.) on Thursday that would have blocked nearly $9 billion in arms sales to Israel.
Just 15 senators, all Democrats, voted in favor of the measures—fewer than voted for similar resolutions that Sanders put forward in November.
Speaking on the Senate floor before the vote, Sen. Jim Risch (R-Idaho) said that the resolutions were “misguided” and would “reinstate the failed policies of the Biden administration.”
“Worse, they would abandon Israel, our closest ally in the Middle East, during a pivotal moment for global security,” Risch said. “No one in the world is coming to the support of Hamas. No one with the exception of some misguided people in this organization.”

CHABLIS, France (AP) — France’s wine producers are deeply concerned that

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