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Number of Americans Seeking Unemployment Benefits Reaches 263,000, the Highest in Almost 4 Years U.S. jobless claim applications surged to almost four-year highs, with 263,000 Americans filing for unemployment benefits, a significant increase from the expected 231,000. Despite this rise, layoffs are still historically low but hiring has weakened. The Bureau of Labor Statistics revised … Read more
Ravens to benefit from significant increase in 2024 NFL Salary Cap The NFL announced the 2024 salary cap will increase to $255.4 million, benefiting the Baltimore Ravens as they have $16.63 million in available funds to retain key free agents. With 27 players pending contracts, including stars like Justin Madubuike and Jadeveon Clowney, the Ravens … Read more
Retired N.F.L. Athletes to Maintain Disability Benefits The National Football League Players Association (NFLPA) has reached an agreement with the league to preserve the disability benefits of hundreds of former players. Negotiated by the new executive director, Lloyd Howell, the deal will allow players deemed totally and permanently disabled by the Social Security Administration to … Read more