WASHINGTON The number of Americans filing for unemployment benefits rose more than expected last week, posting the biggest gain in more than a year, but the underlying trend continued to point to a strengthening labor market.
Currencies of nations that export all kinds of commodities benefited from a jump in oil prices following news of a drop in U.S. production.
A fuel cell used to capture and sequester carbon emissions, at the headquarters of FuelCell Energy in Danbury, Conn. Credit Christopher Capozziello for The New York Times.
Stan Druckenmiller, the billionaire investor with one of the best long-term track records in money management, said the bull market in stocks has "exhausted itself" and that gold is his largest currency allocation.
(Repeats to show photo availability). By Ransdell Pierson. May 5 Merck & Co Inc on Thursday reported lower-than-expected quarterly revenue, hurt by disappointing sales of its Januvia diabetes treatment and Remicade arthritis drug.