Reuters More Americans than forecast filed applications for unemployment benefits last week, indicating the labor market continues to struggle. Jobless claims decreased by 2,000 to 387,000 in the week ended June 16, Labor Department figures …
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WSJ Housing starts surged 9.3% in November to a 685,000-unit annualized pace, the Commerce Department said, way above the 630,000 or so economists expected. It’s also the highest pace of starts since April 2010. Stock …
Continue readingWSJ $261.98 billion: How much more companies took in than they spent in the third quarter. Companies continue to sit on lots of cash, frustrating those hoping to see it deployed to spark jobs growth. …
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