First-time claims for U.S. unemployment benefits saw a modest decrease in the week ended April 2nd, according to a report released by the Labor Department on Thursday.The report showed initial jobless claims dipped to 166,000, a decrease of 5,000 from the previous week's revised level of 171,000.Economists had expected jobless claims to edge down to 200,000 from the 202,000 originally reported for...
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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.