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Last week, the number of US citizens, who had applied for unemployment insurance for the first time, fell by 6 thousand and amounted to 213 thousand people, according to the data of the US Department of Labor. Analysts did not expect the index to decline. They had predicted an increase in the number of applications to 220 thousand. The closeness of the index of applications to the minimum level since 1969 indicates the active growth of the US labor market. The average number of applications for the last four weeks decreased to 214 thousand 250 from 214 thousand 750. The number of Americans who continue to receive unemployment benefits, for the week ended July 28, increased by 29 thousand to 1 million 755 thousand people.
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
Glenmark Pharmaceuticals Ltd was given a notice by the Drug Controller General of India (DCGI) on overpricing and false claims of its generic version of favipiravir, FabiFlu, according to local media reports, sending the company’s ...
On Monday, world shares edged towards a five-month high and the U.S. dollar decreased in late trading as investors anticipated that the earnings season would see most companies beat revenue forecasts in light of the lifted coronavirus restrictions. The ...
The United States Labor Department reported on Thursday that jobless claims edged down to a near four-month low since last week, while 32.9 Million Americans collected unemployment benefits in the third week of June. The government agency ...
The dollar fell to a one-week low on Thursday as positive data on U.S. and European recovery lifted risk appetite, adding to the support provided by the latest breakthrough in the COVID-19 vaccine. The dollar index dropped 0.4%. However, it ...
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