Fewer Americans filed applications for unemployment insurance benefits over the past month than at any time in more than eight years, signaling employers are hanging on to workers as demand improves.
Argentina's government reacted furiously to the country's second default in 13 years, while investors retained hope for a resolution to the long debt stand-off.
Target named a new chief executive on Thursday, for the first time bringing in an outsider to lead the company after its previous leader resigned in May on the heels of a series of troubles for the retailer.
LONDON: The euro hovered near a nine-month trough against the dollar on Thursday after data showed euro zone inflation falling to its lowest since the height of the financial crisis five years ago.
Xiaomi Corp., which outsells Apple Inc. in China, became the world's fifth-largest smartphone vendor last quarter, according to researcher Strategy Analytics.