Jobless Claims
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Every single economic report beat the Street's expectations this week. Insight on the markets, and the Fed's impact, with Andy Cross, Motley Fool.
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The BNY Mellon index of leading American depositary receipts. Shire PLC said sales of its Fabry's disease treatment, which competes with Sanofi's Genzyme, fell 15 percent. The BNY Mellon index of leading European ADRs gained 0.3 percent, while the FTSEurofirst 300 index of top shares closed up 0.4 percent.
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WASHINGTON, May 2- The number of Americans filing new jobless benefits claims fell sharply last week to its lowest level since the early days of the 2007-09 recession, a sign the job market is still healing even though the economy remains weak.
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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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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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*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..
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NEW YORK, April 25- U.S. stocks opened higher on Thursday as investors dealt with a raft of earnings, including those of 3 M Co and Exxon Mobil, while encouraging jobs data added support. The Dow Jones industrial average added 6.45 points, or 0.04 percent, to 14,682.75. The Nasdaq Composite Index rose 12.24 points, or 0.37 percent, to 3,281.89.