logo
Juneteenth 2025: Will post offices, banks, and stock market remain open on June 19? All you need to know

Juneteenth 2025: Will post offices, banks, and stock market remain open on June 19? All you need to know

Minta day ago

Juneteenth 2025 is an upcoming federal holiday in the coming week, which is being celebrated on June 19. Juneteenth is a very important occasion in the United States and is celebrated as a federal holiday ever since Joe Biden declared it as such during his tenure as the US President.
Juneteenth has a rich history in the foundation of the United States. On June 19, 1865, Union General Gordon Granger arrived in Galveston, Texas, announcing the end of slavery. This came 2.5 years after Lincoln's Emancipation Proclamation, finally freeing 250,000 enslaved people in Texas.
The first Juneteenth celebrations began in 1866, led by Black communities with parades and church gatherings. Juneteenth marks America's "second Independence Day," symbolizing true freedom for all. It honors Black resilience and the ongoing fight for equality. In 2021, activism by figures like Opal Lee helped make it a federal holiday.
There are different kinds of celebrations held on this day. Some of them include festivals and parades featuring music, food (like red foods symbolizing resilience), and voter drives.
There are some educational events also held on the day, some of which highlight Black history and cultural pride.
No, the US Postal Service will be closed that day, and there will be no mail delivered as Juneteenth is a federal holiday.
However, FedEx pickup and delivery services will remain operational on the day, according to a USA Today report.
On June 19, banks could stay closed or partially operational on this day as June 19 is a Federal Reserve holiday. According to Bankrate.com, transactions made during these holidays will not be posted until the next business day.
Meanwhile, premier banks like Capital One, Bank of America, PNC, Truist, CitiBank, and JPMorgan Chase will remain non-operational on the day. However, Capital One cafes are slated to stay open, says USA Today.
The US stock market will also stay closed on this federal holiday, according to its website.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US weekly jobless claims steady at higher levels
US weekly jobless claims steady at higher levels

Economic Times

time5 hours ago

  • Economic Times

US weekly jobless claims steady at higher levels

Synopsis Weekly U.S. jobless claims remained unchanged at 248,000 for the week ending June 7, indicating a steady softening of the labor market. Economists had expected a drop to 240,000. Hiring is slowing amid tighter immigration policies and lingering economic uncertainty. Revised data may show job gains between April 2024 and March 2025 were overstated by up to 1.125 million. The number of Americans filing new applications for unemployment benefits was unchanged at higher levels last week as labor market conditions continued to steadily ease. Tired of too many ads? Remove Ads Initial claims for state unemployment benefits held steady at a seasonally adjusted 248,000 for the week ended June 7, the Labor Department said on Thursday. Economists polled by Reuters had forecast 240,000 claims for the latest week. Want a Loan? Get cash against your Mutual Funds in 4 hours Claims could remain elevated, with the school year ending this month as some states allow non-teaching staff to collect benefits during the long summer holidays. Though there have been no widespread layoffs as employers hoard workers amid economic uncertainty spawned by President Donald's aggressive tariffs, the labor market is steadily losing steam. An immigration crackdown by the White House is also slowing employment gains. Nonfarm payrolls increased by 139,000 jobs in May, down from 193,000 a year ago. A lagging measure of employment, the Quarterly Census of Employment and Wages (QCEW), has suggested a much slower pace of job growth between April 2024 and December 2024 than reported in the survey of establishments from which the nonfarm payrolls data is compiled. Economists said this partly reflected reduced labor supply because of immigration restrictions imposed by former President Joe Biden's administration in mid-2024. Tired of too many ads? Remove Ads The QCEW data is derived from reports by employers to the state unemployment insurance programs. Economists said the QCEW data raised the possibility that payrolls could be revised substantially down from April 2024 through May 2025. Much would, however, depend on the QCEW data for the first quarter. "All things considered, we think the 2025 benchmark revision is most likely to revise down job gains from April 2024-March 2025 by 800,000-1.125 million, with the range for August's preliminary benchmark announcement about 200,000 higher," said Jonathan Millar, a senior economist at Barclays. "This would trim monthly payroll gains over the benchmark period by about 65,000-95,000 per month relative to the current estimate of approximately 150,000 per month." The claims report showed the number of people receiving benefits after an initial week of aid, a proxy for hiring, increased 54,000 to a seasonally adjusted 1.956 million during the week ending May 31. Recently laid off workers are struggling to find work, though the median duration of unemployment dropped to 9.5 weeks in May after surging to 10.4 weeks in April.

US weekly jobless claims steady at higher levels
US weekly jobless claims steady at higher levels

Time of India

time7 hours ago

  • Time of India

US weekly jobless claims steady at higher levels

The number of Americans filing new applications for unemployment benefits was unchanged at higher levels last week as labor market conditions continued to steadily ease. Initial claims for state unemployment benefits held steady at a seasonally adjusted 248,000 for the week ended June 7, the Labor Department said on Thursday. Economists polled by Reuters had forecast 240,000 claims for the latest week. Claims could remain elevated, with the school year ending this month as some states allow non-teaching staff to collect benefits during the long summer holidays. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 12000W лазерен заваръчен апарат (4 в 1) – революция в заваряването! Undo Though there have been no widespread layoffs as employers hoard workers amid economic uncertainty spawned by President Donald's aggressive tariffs, the labor market is steadily losing steam. An immigration crackdown by the White House is also slowing employment gains. Nonfarm payrolls increased by 139,000 jobs in May, down from 193,000 a year ago. A lagging measure of employment, the Quarterly Census of Employment and Wages (QCEW), has suggested a much slower pace of job growth between April 2024 and December 2024 than reported in the survey of establishments from which the nonfarm payrolls data is compiled. Economists said this partly reflected reduced labor supply because of immigration restrictions imposed by former President Joe Biden's administration in mid-2024. Live Events The QCEW data is derived from reports by employers to the state unemployment insurance programs. Economists said the QCEW data raised the possibility that payrolls could be revised substantially down from April 2024 through May 2025. Much would, however, depend on the QCEW data for the first quarter. "All things considered, we think the 2025 benchmark revision is most likely to revise down job gains from April 2024-March 2025 by 800,000-1.125 million, with the range for August's preliminary benchmark announcement about 200,000 higher," said Jonathan Millar, a senior economist at Barclays. "This would trim monthly payroll gains over the benchmark period by about 65,000-95,000 per month relative to the current estimate of approximately 150,000 per month." The claims report showed the number of people receiving benefits after an initial week of aid, a proxy for hiring, increased 54,000 to a seasonally adjusted 1.956 million during the week ending May 31. Recently laid off workers are struggling to find work, though the median duration of unemployment dropped to 9.5 weeks in May after surging to 10.4 weeks in April.

Donald Trump's Military Parade: Date, Time, Venue, Ticket Prices And More
Donald Trump's Military Parade: Date, Time, Venue, Ticket Prices And More

NDTV

time8 hours ago

  • NDTV

Donald Trump's Military Parade: Date, Time, Venue, Ticket Prices And More

A grand military parade is set to take over the streets of Washington, DC, on Saturday, June 14, to commemorate the US Army's 250th anniversary. Coincidentally, the day also marks the 79th birthday of US President Donald Trump. According to CBS News, the day will feature military pageantry, vehicle displays, fireworks, an airshow and heightened security throughout the city. It is expected to include about 6,600 soldiers, along with around 150 vehicles and over 50 aircraft in the celebration. The event is open for locals to attend, and it is expected to draw hundreds of thousands of attendees. Here are the key details of the event: Date, time and parade route The military parade will take place on June 14 on Constitution Avenue near the National Mall in the heart of Washington. The US Army said that the event will kick off at 6:30 pm and conclude around 7:30 pm. A fireworks show will follow the parade at 9:45 pm. The parade will start at the Pentagon's north parking lot in Arlington, Virginia, and it will cross the Arlington Memorial Bridge and proceed along Constitution Avenue NW from 23rd Street to 15th Street, covering 0.89 miles, as per USA Today. Parade tickets and how to watch the event online Those wishing to attend in person must RSVP in advance, providing their name, contact details, state and ZIP code. Due to limited availability, early registration is advised. The event is free of charge. The parade may not be broadcast directly on national TV. But it will be livestreamed across the US Army social media platforms. Military parade details The event is expected to include about 6,600 soldiers, as well as about 150 vehicles and over 50 aircraft in the celebration. It will feature different eras of the Army's history, from the Revolutionary War to the modern era and into the future with corresponding uniforms and equipment. According to USA Today, army officials say among the equipment included will be 26 M1A1 Abrams tanks, 27 Bradley Fighting Vehicles, two World War II Sherman tanks, a World War I-era Renault tank, eight CH-47 helicopters, 16 UH-60 Black Hawks and four WWII-era P-51 aircraft. Officials have estimated that the entire festival and parade could cost between $25 million and $45 million.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store