The Labor Department released a report on Thursday showing first time-claims for U.S. unemployment benefits unexpectedly edged lower in the week ended May 16th.The report said initial jobless claims dipped to 209,000, a decrease of 3,000 from the previous week's revised level of 212,000.Economists had expected jobless claims to inch up to 213,000 from the 211,000 originally reported for the previo...
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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.