Latest Updates Around The World
The number of Americans filing new claims for unemployment benefits rose more than expected last week, likely boosted by snowstorms in much of the country, but labor market conditions remain stable.Initial claims for state unemployment benefits rose by 22,000 to a seasonally adjusted 231,000 for the week ended Jan. 31, the Department of Labor said […]
The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, but the decline was likely due to ongoing problems adjusting the data for seasonal fluctuations around this time of year. The labor market remains in a holding pattern, with still few layoffs and slow hiring. Economists say President Donald Trump’s aggressive […]
European shares closed at a record high on Friday, driven by a surge in Glencore that helped the STOXX 600 hit its longest weekly winning streak since May. After two consecutive losing sessions, the recovery underlined investors’ resilience, even as a string of weak gains and renewed geopolitical tensions fueled by US actions in Venezuela […]
The dollar strengthened to a nearly three-month high on Monday as investors awaited the release of data this week to gauge the health of the US economy and whether it could change the Federal Reserve’s hawkish stance. The yen languished near an 8.5-month low, pressured by wide interest rate differentials between the US and Japan. […]
