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Oil drops towards $59 on dollar, stock builds

Last Updated: Monday, March 9, 2015, 17:19

Brent crude oil fell towards USD 59 a barrel on Monday as the dollar strengthened and a supply glut pushed global oil inventories to record highs.

US jobless claims rise; Q4 productivity revised down

Last Updated: Thursday, March 5, 2015, 20:44

The number of Americans filing new claims for unemployment benefits last week rose to its highest level since May, which could raise concerns about some weakness in the labor market.

German unemployment at new post-unification low

Last Updated: Thursday, February 26, 2015, 17:29

German unemployment fell in February to the lowest level since the country reunited in 1990 as growth in Europe`s biggest economy picks up, official data showed on Thursday.

US jobless claims push back over 300,000 line

Last Updated: Thursday, February 12, 2015, 22:01

New claims for US unemployment insurance jumped last week to back above the 300,000 line, the Labor Department reported Thursday.

US jobless claims plunge 14%

Last Updated: Thursday, January 29, 2015, 19:54

New claims for US unemployment insurance benefits plunged to the lowest level in nearly 15 years last week, the Labor Department reported Thursday.

Fed opens policy meeting with rate hike looming

Last Updated: Wednesday, January 28, 2015, 00:10

The Federal Reserve opened its first monetary policy meeting of the year Tuesday to take the pulse of the US economy and mull the first interest rate hike since 2006.

US jobless claims climb to 4-month high

Last Updated: Thursday, January 15, 2015, 20:40

New claims for US unemployment insurance benefits, a sign of the pace of layoffs, rose to a four-month high last week, the Labor Department reported Thursday.

Airline's collapse a new blow to recession-hit Cyprus

Last Updated: Tuesday, January 13, 2015, 00:13

The jobless rate now stands at a record high of around 16 percent, according to Cyprus University economics professor Michalis Michael.

2014 the best year of job growth in US since 1999

Last Updated: Friday, January 9, 2015, 21:32

The US unemployment rate has dropped to 5.6 percent with the addition of over 2.5 lakh new jobs last month, making 2014 the best year of job growth since 1999.

Italy jobless at new record high in headache for Renzi

Last Updated: Wednesday, January 7, 2015, 19:02

The jobless rate rose to 13.4 percent in November, up 0.2 percentage points from October, data from the national statistics institute (ISTAT) showed on Wednesday.

US jobless claims rise, but labor market still strengthening

Last Updated: Wednesday, December 31, 2014, 20:19

The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the trend remained consistent with sustained strength in the labor market.

US jobless claims drop for fifth week in a row

Last Updated: Wednesday, December 24, 2014, 21:27

New claims for US unemployment insurance fell last week for the fifth week in a row, according to government figures published Wednesday.