Jobless Claims
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NEW YORK/ LONDON, May 16- Brent crude oil futures rose on Thursday on dollar declines, but gains were capped by a stall in the U.S. equity market as a jump in U.S. jobless claims stoked investor worry about an economic recovery.
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WASHINGTON, May 2- The number of Americans filing new claims for jobless benefits fell sharply last week to its lowest level since the early days of the 2007-09 recession, suggesting the job market is still healing despite weakness in the broader economy.
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NEW YORK, May 2- U.S. Treasuries had weakened earlier after the European Central Bank cut its main interest rate by 25 basis points to a record low of 0.50 percent. The U.S. Labor Department said new U.S. jobless claims fell to 324,000 in the week ended April 27- the lowest level since January 2008- from a revised 342,000 new claims the week before.
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NEW YORK, May 2- U.S. Treasuries had weakened earlier after the European Central Bank cut its main interest rate by 25 basis points to a record low of 0.50 percent. The U.S. Labor Department said new U.S. jobless claims fell to 324,000 in the week ended April 27- the lowest level since January 2008- from a revised 342,000 new claims the week before.
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May 2- U.S. Labor Department report of initial state jobless benefit claims, seasonally adjusted. Initial Claims: April 20 from 339,000. Michigan 6,172 Massachusetts 4,104 Connecticut 2,452 Rhode Island 1,427.
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WASHINGTON, May 2- The number of Americans filing new claims for jobless benefits fell sharply last week to its lowest level since the early days of the 2007-09 recession, suggesting the job market is still healing despite weakness in the broader economy.
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CNBC's Rick Santelli reports the latest numbers on unemployment, productivity and international trade.
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WASHINGTON, May 2- The number of Americans filing new claims for jobless benefits fell sharply last week to its lowest level since the early days of the 2007-09 recession, suggesting the job market is still healing despite weakness in the broader economy.
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WHAT: Labor Department initial Jobless Claims, weekly. IFR COMMENTARY: "Initial claims should remain lower than the YTD average of 354 k, with our expectation being for a small rebound to 345 k the week ended April 27th from the initial read of 339 k for the week before.
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DUBLIN, May 1- Ireland's unemployment rate held steady at 14 percent in April as the number of people claiming jobless benefit inched down, data from the Central Statistics Office showed on Wednesday.
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Ward McCarthy Jefferies chief economist, takes a look ahead at the likely numbers on employment, and what they indicate about the economic recovery.
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CNBC's Rick Santelli reveals the latest numbers on economic growth in the U.S. And Dean Maki, Barclays, discusses what it indicates about the economy and the impact on the markets.
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Dean Maki, Barclays chief economist, provides his outlook on economic growth in the first quarter. And, Ralph Schlosstein, Evercore Partners; and Blair Effron, Centerview Partners, weigh in.
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*Dollar/yen resistance at 100 yen still formidable. Major currencies were trading in tight ranges ahead of a Bank of Japan policy meeting and economic outlook report as well as U.S. growth figures later in the day.
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*Verizon rises on Reuters report of possible wireless bid. NEW YORK, April 25- U.S. stocks rose on Thursday, buoyed by gains in shares of materials companies, including iron ore producer Cliffs Natural Resources Inc, and a drop in weekly jobless claims.
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PARIS, April 25- More people were out of job in France in March than at any other time in the past, data on Thursday showed, a bleak record that cast new doubt on government promises to reverse the unemployment trend by year-end.
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PARIS, April 25- More people were out of job in France in March than at any other time in the past, data on Thursday showed, a bleak record that cast new doubt on government promises to reverse the unemployment trend by year-end.
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Stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. **IMPERIAL OIL LTD, $39.36, up 0.6 pct.
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Initial claims for state unemployment benefits dropped to a seasonally adjusted 339,000, the Labor Department said on Thursday. "The trend suggests a very slow improvement in the labor market," said Gary Thayer, a macro strategist at Wells Fargo Advisors in St. Louis.
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Stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. **IMPERIAL OIL LTD, $39.36, up 0.6 pct.
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*3 M Co falls after earnings, outlook. NEW YORK, April 25- U.S. stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. But declines in ExxonMobil and 3 M Co briefly dragged the Dow into negative territory and curbed gains on the S&P 500..