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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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.