Tag: ECON

US economy flexes muscle with jobless benefit rolls at 52-year low;  factory humming
US economy flexes muscle with jobless benefit rolls at 52-year low; factory humming

Weekly jobless claims fall 15,000 to 214,000 Continuing claims drop 71,000 to 1.419 million Housing starts increase 6.8% in February Manufacturing production jumps 1.2% in February WASHINGTON, March 17 (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week as demand for labor remained strong, positioning the economy for another […]

Oil dips on Russia-Ukraine talks, US inventory data
Oil dips on Russia-Ukraine talks, US inventory data

Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, US, April 7, 2021. REUTERS/Lucy Nicholson/Files Register now for FREE unlimited access to Reuters.com Register Russia says some deals with Ukraine close to being agreed China’s new locally transmitted COVID-19 cases nearly halve IEA lowers 2022 oil demand growth forecast […]

Oil, commodities surge amid selloff in global shares
Oil, commodities surge amid selloff in global shares

Update prices; adds oil’s close, analyst comments NEW YORK, March 7 (Reuters) – Oil and other commodities prices soared while global shares tanked on Monday as the United States said it was willing to ban Russian oil imports, stoking investor fears over inflation and slowing economic growth. Brent, the international benchmark, briefly hit more than […]

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