The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, though financial markets turmoil is casting a shadow over the economy. Other data on Thursday also struck a fairly upbeat note on the economy, with homebuilding surging in February, potentially setting the stage […]<
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a persistently tight labor market, and further fueling fears that the Federal Reserve could raise interest rates higher than anticipated. Those worries were amplified by other data on Thursday showing inflation was much stronger than initially thought in the […]
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