The number of Americans filing for unemployment benefits has fallen to its lowest level in more than 50 years. This week’s new jobless claims dropped to the fewest since September 1969. Matt Ott for The Associated Press:
With more Americans employed (and often seeing wage gains in a tight labor market), people have more disposable income and confidence to buy items like iPhones, Macs, AirPods, Apple Watches, and services (App Store, Apple Music, iCloud, etc.). Apple’s revenue is heavily driven by American consumer demand. Very low jobless claims signal a healthy American economy, which boosts Apple’s largest market. Historically, Apple’s sales and stock tend to perform well during periods of low American unemployment and economic expansion. Businesses are also more willing to invest in Apple devices, Macs, iPhones, and iPads for employees, and enterprise services (Apple Business) when the economy is strong. In short, low unemployment means more people with jobs and money which improves the likelihood they’ll buy Apple products. This is especially positive for Apple as a premium brand that benefits from a prosperous consumer base. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post U.S. weekly jobless claims plunge to lowest level in more than 50 years appeared first on MacDailyNews. Invite your friends and earn rewards
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U.S. weekly jobless claims plunge to lowest level in more than 50 years
Apple’s iOS 27 Wallet upgrade: Users will finally be able to create their own custom passes
Apple is set to give the Wallet app a major boost in iOS 27 with a new “Create a Pass” feature that lets users build and customize their own digital tickets, gift cards, and other passes directly in the app. According to Bloomberg News‘ Mark Gurman, this long-overdue capability will let iPhone owners create personalized Wallet passes without relying on third-party apps or services that may not yet support Apple’s platform. Today, Wallet excels at storing Apple Pay cards, digital keys, retailer gift cards, and passes issued by compatible apps, but many everyday items like event tickets, loyalty cards, gym memberships, or custom coupons still live outside the ecosystem. Why This Matters • Greater Flexibility: Users could design simple digital versions of paper tickets, membership cards, or even homemade gift certificates. • Easier Digitization: Combined with reports of scanning features for physical passes, you’ll be able to turn a barcode on a gym card or concert stub into a functional Wallet pass with notifications, expiration dates, and scannable codes. • Developer-Friendly Expansion: While the new tool targets end users, it should also encourage broader adoption of Wallet passes by lowering the barrier for small businesses and individuals. This change builds on recent Wallet improvements, such as enhanced boarding passes in earlier iOS versions, and aligns with Apple’s push to make the app a true digital hub for everyday items. Mark Gurman for Bloomberg News Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple’s iOS 27 Wallet upgrade: Users will finally be able to create their own custom passes appeared first on MacDailyNews. Invite your friends and earn rewards
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iOS 26.5 expected this month with a handful of new features
Apple’s iOS 26.5 is expected to arrive this May after more than a month of beta testing. As anticipated, the update is relatively minor, which makes sense as Apple begins shifting its attention toward iOS 27. iOS 26.5 prepares the ground for end-to-end encryption support for RCS in the Messages app and introduces ads in the Apple Maps app. It also adds a new “Pride Collection” wallpaper along with a handful of other small changes.
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post iOS 26.5 expected this month with a handful of new features appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription.
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U.S. weekly jobless claims plunge to lowest level in more than 50 years
The number of Americans filing for unemployment benefits has fallen to its lowest level in more than 50 years. ͏ ͏ ͏ ͏ ...
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