US stocks declined on Thursday after weekly jobless claims data came in higher than expectations, falling the least since March on a week-over-week basis.in the week ended Saturday, the Labor Department announced Thursday. That was down just 10,000 from the previous week's reading and remains at historically high levels. Economists surveyed by Bloomberg expected claims to fall to 1.25 million for the week.
While claims have declined for 15 weeks in a row, Thursday's reading is still roughly double the 665,000 filings made during the worst week of the Great Recession. Since the coronavirus pandemic slammed the US economy, more than 51 million Americans have filed for unemployment benefits.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Burberry plans 500 job cuts globally, 150 in the UK - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The pandemic has pushed the digital economy to the forefront, the gradual change that was anticipated has become an almost unstoppable force and some job losses are a direct result Burberry has been a classic brand since the 1850s. Sad to hear!
Source: BusinessInsider - 🏆 729. / 51 Read more »
CB Insights acquires the data assets of VentureSource from Dow Jones - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market live updates: Dow up 300, reopening trades rocket higher, Goldman risesPositive data from Moderna about a coronavirus vaccine candidate boosted stocks on Wednesday morning. Shares of airlines and cruise operators gained ground amid optimism for a near-term end to the health crisis and an economic recovery. Esa estatua les esclaviza , como ninguna y no la tiran ? whats Goldman Sachs say? I gave up listening to them long ago and laughed in April when they said $240. at what point do you lose your assignment?
Source: CNBC - 🏆 12. / 72 Read more »
Dow rises sharply on vaccine results and Goldman earningsUS stocks soar at Wednesday's opening bell after a coronavirus vaccine trial showed promising results. This is United States 🇺🇸 on bounce to the ounce. 😂✊🏼 Thanks to the President for pushing for this, as he is now doing for the economy. When this goes pop, it's going to be a big pop. Cruise lines going up tells you all you need to know.
Source: cnnbrk - 🏆 393. / 55 Read more »
Dow Rallies Over 500 Points As JPMorgan, Wells Fargo Jumpstart Earnings SeasonThe Dow rallied over 500 points as JPMorgan and Wells Fargo jumpstarted the earnings season by skleb1234 skleb1234 skleb1234 Boss skleb1234 $JPM JPMorgan shares jump after record trading revenue drives stronger-than-expected second quarter profit JPMorgan earnings revenue trading Shares investment filingsearch wednesdaymorning
Source: Forbes - 🏆 394. / 53 Read more »