After reporting three straight weekly decreases in first-time claims for U.S. unemployment benefits, the Labor Department released a report on Thursday showing initial jobless claims unexpectedly increased in the week ended February 12th.The report showed initial jobless claims rose to 248,000, an increase of 23,000 from the previous week's revised level of 225,000. The rebound surprised economist...
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.