In economic news:

According to Bureau of Labor Statistics, in April 2018, the number of layoffs and discharges edged up to 1.7 million. The number of layoffs and discharges increased for total private and was little changed for government. Layoffs and discharges were most notable in arts, entertainment, and recreation (+51,000) and in finance and insurance (+27,000).

Read more via BLS here.

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