A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by more than expected in the week ended May 18th.The Labor Department said initial jobless claims slid to 215,000, a decrease of 8,000 from the previous week's revised level of 223,000.Economists had expected jobless claims to edge down to 220,000 from the 222,000 originally reported ...
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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.