Eye on unemployment weekly jobless claims update
The Labor Department reports weekly unemployment benefit applications. The 2021 tally declined below the pre pandemic weekly average by year end, but claims have risen recently amid a jump in coronavirus cases.
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Labor Department
Wall Street closes higher amid upbeat earnings outlook
U.S. stocks gained as earnings reports boosted investor sentiment with the S&P 500, Dow and Nasdaq rising. PayPal and AMD climbed on strong fourth quarter results and upbeat outlooks, while Gilead Sciences slipped as quarterly profits and guidance missed expectations.
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City finds faulty registers in retrofitted commercial meters
RTS installed about 1,700 meters and found incompatible registers on three commercial accounts in June 2021. City says five accounts showed abnormal reads, two with no usage, and customers faced large bills before issues were corrected. An improvement plan will tighten testing and communication and ensure proper registers on all future retrofits.
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RTS
Brad Finkelder
Finkelder
Owens
Municipal Services and Operations Department
MSO
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