WASHINGTON - The number of Americans seeking unemployment benefits dropped last week to the lowest level in more than 43 years, another sign that most American workers enjoy job security.
Hearings begin this morning for President-elect Donald J. Trump's nominees to lead the Treasury and Energy Departments. Expect to hear a lot of contrition from the nominees for past comments.
With the stock gains pushing Netflix NFLX, +4.54% to a record level Thursday morning, analysts were enamored of the company's rapid subscriber additions in the U.S.
Mario Draghi called on Germany to be calm as the European Central Bank keeps pumping stimulus into the euro area, saying rising inflation will eventually bring higher interest rates for savers.
The 72-year-old announced late Wednesday that he's stepping down as CEO of Canadian Pacific Railway Ltd. six months ahead of schedule.