Following last week's much better than expected monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits fell to a four-month low in the week ended March 6th.The Labor Department said initial jobless claims dropped to 712,000, a decrease of 42,000 from the previous week's revised level of 754,000.Economists had expected jobles...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.