With the report coming a day earlier than usual due to the Thanksgiving Day holiday on Thursday, the Labor Department revealed on Wednesday that first-time claims for U.S. unemployment benefits fell by much more than expected in the week ended November 18th.The Labor Department said initial jobless claims slid to 209,000, a decrease of 24,000 from the previous week's revised level of 233,000.Econo...
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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.