US weekly jobless claims fall slightly more than expected
The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.
The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.
Wall Street finished mixed on Tuesday after fresh employment data bolstered bets that the U.S. Federal Reserve will cut interest rates as soon as March.
U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.
Treasury Secretary Janet Yellen said Monday she did not see any signs of the U.S. economy entering a recession, citing the strong labor market, cooling inflation, and robust consumer spending as reasons for her forecast.
Walmart will raise the minimum wage for store employees to $14 an hour in March.