US jobless claims fall in latest week in still-strong labor market

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Initial claims for state unemployment benefits fell 3,000 to a seasonally adjusted 217,000 for the week ended Nov. 4 from an upwardly revised 220,000 in the...

- The number of Americans filing new claims for unemployment benefits fell last week as the labor market continued to show few signs of a significant slowdown.

The U.S. central bank held interest rates steady last week but left the door open to a further increase in borrowing costs in a nod to the economy's resilience. Since March 2022, the Fed has raised its policy rate by 525 basis points to the current 5.25%-5.50% range. NEW YORK — Ivanka Trump didn't want to testify. But on the the stand Wednesday in her father's civil fraud trial, she took the opportunity to contend the family business has “overdelivered,” even as she kept her distance from financial documents that New York state says were fraudulent. Former President Donald Trump's elder daughter capped a major stretch in the lawsuit that could reshape his real estate empire. She followed her father and her brothers Eric and Donald Trump Jr.

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