Author: Reuters

Wall Street opens higher

(Reuters) – U.S. stocks opened higher on Thursday after better-than-expected private sector hiring showed that the labor market continues to strengthen, further boosting chances of a rate hike by the Federal Reserve later this month. Powered by...

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Jobless claims jump more than expected in latest week

WASHINGTON, June 1 (Reuters) – The number of Americans filing for unemployment benefits increased more than expected last week, but the rise probably does not signal a material shift in labor market conditions as claims for several states, including California, were estimated. Powered by...

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