Washington: The number of Americans filing new applications for jobless benefits fell more than expected to near a 42-year low last week, pointing to ongoing tightening in the labour market despite the recent slowdown in hiring.
Wall Street fell on Thursday morning, hours ahead of the release of minutes of the Federal Reserve's September meeting that could provide some insight into the central bank's decision to keep interest rates steady.
Amazon's quest to dominate the online shopping experience expanded into Etsy's territory today with the launch of Handmade at Amazon, an online bazaar where artisans can sell their homemade goods.
Interest-rate policy in some advanced economies increasingly resembles a stopped clock. Markets could be in for a surprise if it starts ticking again.
Americans are expected to spend at a slower pace than last year during the crucial winter holidays, weighed down by sluggish wage growth and other factors, according to the nation's largest retail industry trade group.