Business
US weekly jobless claims unexpectedly rise
More people continued to collect unemployment checks at the end of November relative to the beginning of the year as demand for labor cools.
More people continued to collect unemployment checks at the end of November relative to the beginning of the year as demand for labor cools.
At their meeting on Wednesday, the Federal Reserve cut its benchmark interest rate by a half percentage point, satisfying investors who had been expecting a strong move given the weakening employment picture.
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.