WASHINGTON (AP) -- More people applied for U.S. unemployment benefits last week, although jobless claims continue to be close to pre-recession levels.<br />
Weekly applications for unemployment aid climbed 21,000 to a seasonally adjusted 311,000, the Labor Department said Thursday. The prior week's was revised up slightly to 290,000.<br />
The four-week average, a less volatile measure, rose 2,000 to 295,750. That continues to be close to averages that predate the beginning of the Great Recession in late 2007.<br />
"Stepping back from the weekly volatility," said Jennifer Lee, senior economist at BMO Capital Markets, "the trend is still very encouraging and points to continued job growth."
A blustery winter storm dumped snow and ice across the West on Wednesday, making driving treacherous in the mountains from California to the Rockies and forcing residents and party-goers in some usually sun-soaked cities to bundle up for a frosty New Year's.
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MINNEAPOLIS (AP) — The Democratic National Committee barely has more cash than it does IOUs, and it is being outraised month after month by its Republican competitor.Its $24 million debt from the 2012...
U.S. stocks are closing sharply higher after China's main stock index logged its biggest gain in eight weeks. A report also showed that the U.S. economy expanded at a much faster pace than previously estimated.