Filings for U.S. unemployment benefits rose more than forecast to an eight-week high, representing a pause in a trend of more muted firings.
U.S. services companies expanded at a healthy pace in August, lifted by robust consumer spending resulting from steady job gains. The Institute for Supply Management said Thursday that its services index slipped to 59 from 60.3 in the previous month.
OTTAWA—Canada's trade deficit narrowed in July, beating expectations and bolstering hopes the economy is improving after a weak first half of the year.
General Mills (GIS) plans to sell its vegetable brands Green Giant and Le Sueur to B&G Foods (BGS) for $765 million, General Mills said Thursday.
The U.S. Federal Reserve will need to raise interest rates soon if the dollar is to push much higher, according to a Reuters poll of foreign exchange strategists.