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Featured Finance Global World

US weekly jobless claims decline, JPMorgan and Goldman Sachs estimate

Economists estimate weekly jobless claims fell to 217,000 from 235,000. The number of Americans filing new applications for jobless benefits fell last week, economists at JPMorgan and Goldman Sachs estimated on Thursday, but lackluster hiring has left many on unemployment rolls. Initial claims for state unemployment benefits dropped to a seasonally adjusted 217,000 for the […]

Economy Banking Featured Finance World

Dollar rallies as US shutdown drags on, weighing on confidence

The dollar index, which measures the greenback’s strength against a basket of six currencies, rose 0.3% to as much as 98.91 The U.S. dollar rose to its strongest in more than two months in early Asian trading on Wednesday as risks around the U.S. government shutdown intensified, sparking fresh investor worries and boosting demand for […]

Economy Energy Featured Finance World

Oil holds steady as investors assess attacks on Russian energy facilities

Oil also received some support from solid refinery demand in China last month and a decline in US crude inventories.  Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries, while U.S. President Donald Trump said he was prepared to impose sanctions on Russia if NATO […]