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  • BRASILIA, April 17- Brazil's jobless rate dropped unexpectedly in March as fewer people sought jobs, highlighting a trend that has helped keep unemployment near record lows despite weak economic growth. Brazil's non-seasonally-adjusted jobless rate declined in March to 5.0 percent from 5.1 percent in February, statistics agency IBGE said on Thursday.

  • The CBO estimates that boosting the minimum wage would force businesses to spend $15 billion more in salaries in 2017.

  • WASHINGTON— A Senate Democratic bill gradually increasing the federal minimum wage to $10.10 hourly would require private businesses to spend $15 billion more in salaries when it takes full effect in 2017, the Congressional Budget Office estimated Thursday.

Most Popular Video

Thursday, 17 Apr 2014 | 1:03 PM ET

Dissecting the current market action amid geopolitical concerns, with Kenny Polcari, O'Neil Securities, and CNBC's Dominic Chu.

Thursday, 17 Apr 2014 | 12:06 PM ET

Discussing the case for stocks, with Ed Yardeni, president and chief investment strategist of Yardeni Research. He thinks the market had an "internal correction."

Thursday, 17 Apr 2014 | 1:00 PM ET

Secretary of State John Kerry comments after a meeting in Geneva with Russian Foreign Minister Sergey Lavrov and representatives of the EU and Ukraine.