4 Analysts. 4 Buy Ratings: Huge Potential Revaluation Ahead For This Biotech

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

DC unemployment rate is the highest in the US for the third straight month

FATIMA HUSSEIN
August 19, 2025

WASHINGTON (AP) -- The seasonably adjusted unemployment rate in Washington, D.C., was the highest in the nation for the third straight month, according to new data released Tuesday by the Bureau of Labor Statistics.

D.C.'s jobless rate reached 6% in July, a reflection of the mass layoffs of federal workers, ushered in by President Donald Trump's Department of Government Efficiency, earlier this year. An overall decline in international tourism -- which is a main driver of D.C.'s income -- is also expected to have an impact on the climbing unemployment rate in the District.

Neighboring states also saw an uptick in unemployment rates in July -- with Maryland at 3.4% (up from 3.3%) and Virginia at 3.6% (up from 3.5%), according to the state-by-state jobless figures.

Since the beginning of Trump's second term, federal workers across government agencies have been either laid off or asked to voluntarily resign from their positions. Those actions have drawn litigation across the federal government by labor unions and advocacy groups.

In July, the Supreme Court cleared the way for Trump administration plans to downsize the federal workforce further, despite warnings that critical government services will be lost and hundreds of thousands of federal employees will be out of their jobs.

The latest D.C. Office of Revenue Analysis figures show that payments made to unemployed federal workers have been climbing month-over-month. In April, unemployed workers received $2.01 million in unemployment payments. By June, that figure reached $2.57 million.

The DC Fiscal Policy Institute argues that the federal worker layoffs will exacerbate D.C.'s Black-white unemployment ratio. The latest nationwide unemployment rate according to the BLS is 4.2% -- South Dakota had the lowest jobless rate in July at 1.9%.

In addition, international tourism, a major source of D.C., to the U.S. is declining. Angered by Trump's tariffs and rhetoric, and alarmed by reports of tourists being arrested at the border, some citizens of other countries are staying away from the U.S. and choosing to travel elsewhere -- notably British, German and South American tourists, according to the World Travel & Tourism Council.

A May report from the organization states that international visitor spending to the U.S. is projected to fall to just under $169 billion this year, down from $181 billion in 2024 -- which is a 22.5% decline compared to the previous peak.

The latest jobs numbers come after the Republican president and a group of GOP governors have deployed National Guard troops to D.C. in the hopes of reducing crime and boosting immigration enforcement.

City officials say crime is already falling in the nation's capital.

Continue Reading...

Popular

How August Jobs Data Could Set The Stage For A Homebuilder ETF Rally

August jobs data disappointed, but a Fed rate cut could revive housing demand. Here's how homebuilder ETFs could continue to rally as borrowing costs fall.

Major Investors Bet Big on This "Unlisted" Stock - Ad

When the former Zillow exec whose first venture sold for $120M starts a new company, people notice. No wonder the VCs behind Uber and eBay also backed Pacaso. Their platform sells fractions of premier properties, rewriting a $1.3T market. And it works, earning over $110M in gross profit to date.

Macron Warns World Will Know By Monday If Putin 'Played' Trump Again

French President Emmanuel Macron has voiced apprehensions about Vladimir Putin potentially manipulating President Trump.

Is Nvidia a Sinking Ship? - Ad

Billionaires like Ken Griffin and Steve Cohen are quietly dumping Nvidia stock. Is this the beginning of the end of the AI bull run? This 50-year Wall Street veteran weighs in on the threat of an AI bubble - and exactly what it means for your money in the days ahead.

Bill Ackman Invests $1.27 Billion in Amazon, Adds To Google and More

Bill Ackman has made a hefty investment in Amazon, pouring in more than $1.27 billion within a span of three months.

Mystery surrounds $1.2 billion Army contract to build huge detention tent camp in Texas desert

WASHINGTON (AP) — When last month awarded a contract worth up to $1.2 billion to build and operate what it says will become , it didn’t turn to a large government contractor or even a firm that specializes in private prisons.

$9 Target on a $1.50 Biotech. Time to Look Closer - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

How To Earn $500 A Month From Walmart Stock Ahead Of Q2 Earnings

Walmart offers a quarterly dividend amount of 23 cents per share. To earn $500 monthly, start with the yearly target of $6,000.

This Chinese $30K Tesla Model 3 Rival Secured 10,000 Orders In Seven Minutes

Xpeng's P7 sedan launched in China with over 10,000 orders in 7 mins. Rival Tesla also released new models for Chinese market.

Keep This Stock on Your Watchlist - Ad

They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.

Tens of Millions in Interest Saved. Zero-Party Data Is Next. - Ad

Over $8mm in annual payments revenue. That's the floor. The ceiling? Zero-party data licensed through AI Agents in a $4.4T market. The shift from cookies to consumer-owned data is here.

China protests Taiwan foreign minister's visit to the Philippines

MANILA, Philippines (AP) — Taiwan’s foreign minister has flown to the Philippines as head of a high-level delegation of investors, two senior Philippine officials said Saturday, prompting a protest from China and a warning to Manila “not to play with fire.”

Marriott, Toast, KeyCorp And More On CNBC's 'Final Trades'

Marriott International, which is down around 4% year-to-date, is Jenny Van Leeuwen Harrington's final trade.

How to Hack a $1.3 Trillion Industry - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Led by former Zillow execs, their tech hacks a $1.3T market by letting buyers co-own homes worldwide. They've already earned $110M in gross profits and reserved the Nasdaq ticker PCSO.

What's Going On With Dell Stock Thursday?

Dell Technologies Inc. (NYSE:DELL) is in the spotlight Thursday ahead of its second quarter earnings report today after the market closes.

Missed Chatbots? Don't Miss AI Agents - Ad

Investors who rode C3.ai and SoundHound saw billions created overnight. The next wave? AI Agents. Acting, transacting, rewarding users, not just talking. $3B processed, 88% margins, launch in Q3 2025.

New Jersey's massive American Dream mall sued for selling clothes on a Sunday

On any given Sunday, in New Jersey allows visitors to hit an indoor ski slope, surf an artificial wave, ride roller coasters — or shop for a new outfit at dozens of big-name retail stores.

From $3B Processed to the Next AI Boom - Ad

This small-cap isn't hype. It's scaled. $3B+ in transactions. 1M+ live payments. Locked-in licensing revenue of $500k per year. Now it's about to roll out consumer AI agents, the real catalyst.

Roblox Prepares Massive Age Verification Rollout That Parents Need To Know About

Roblox to expand age estimation technology to all users by year-end, using facial recognition, ID verification & parental consent for safety.

What to know about Cracker Barrel's logo misfire and what could happen next

Like its namesake barrels that transported soda crackers until boxes replaced them, needed to change.

Keep This Stock on Your Watchlist - Ad

They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.

Kevin O'Leary Recalls How Cutting Off His Son's Trust Fund Drove Him To Harvard: 'The Dead Bird Under The Nest Never Learns To Fly'

Kevin O'Leary revealed that cutting off his son's trust fund after high school and insisting on self-reliance motivated him to earn a spot at Harvard, emphasizing that entitlement ruins ambition.

NJ governor seeks restrictions on nonessential helicopter flights after deadly NYC chopper crash

TRENTON, N.J. (AP) — New Jersey's governor is asking federal officials to impose restrictions on nonessential helicopter flights in his state after a New York City sightseeing helicopter broke apart in midair in April, .

4 Analysts. 4 Buy Ratings: Huge Potential Revaluation Ahead For This Biotech - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

AeroVironment Set For Growth As Drones Take Center Stage In Defense

Needham analyst initiates AeroVironment at Buy with a $300 target, citing drone market growth, BlueHalo deal and rising defense share.

XRP Slips Below $3 But It Will Outperform ETH From Here, Trader Touts

XRP (CRYPTO: XRP) is expected to outperform Ethereum (CRYPTO: ETH) in the upcoming months, according to market commentators bullish on the token’s futur

Major Investors Bet Big on This "Unlisted" Stock - Ad

When the former Zillow exec whose first venture sold for $120M starts a new company, people notice. No wonder the VCs behind Uber and eBay also backed Pacaso. Their platform sells fractions of premier properties, rewriting a $1.3T market. And it works, earning over $110M in gross profit to date.

Bitcoin To $200,000 Is Bernstein's 'Highest Conviction,' But Solana, Ethereum Will Outperform Elsewhere

Brokerage firm Bernstein on Tuesday reaffirmed its most bullish outlook on digital assets, projecting Bitcoin (CRYPTO: BTC) to reach $200,000 while identifying Solana (CRYPTO: SOL) and Ethereum

Marjorie Taylor Greene Put Money In BlackRock's Bitcoin ETF This Year — Here's How Her Returns Stack Up Against Others In Congress

Rep. Marjorie Taylor Greene (R-Ga.) has added considerable Bitcoin (CRYPTO: BTC) exposure to her investment portfolio in 2025, making strategic purchases into iShares Bitcoin Trust ETF (NASDAQ:IBIT).

Is Nvidia a Sinking Ship? - Ad

Billionaires like Ken Griffin and Steve Cohen are quietly dumping Nvidia stock. Is this the beginning of the end of the AI bull run? This 50-year Wall Street veteran weighs in on the threat of an AI bubble - and exactly what it means for your money in the days ahead.

Powerball Jackpot Soars To $1.1 Billion After No Winning Tickets, 5th Largest In History

The Powerball jackpot has reached $1.1 billion after no winner in Saturday's drawing, with nine tickets earning $1 million.

$9 Target on a $1.50 Biotech. Time to Look Closer - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service