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Last week, the number of US citizens who had applied for unemployment benefits for the first time fell by 18,000 to 214,000, the country's Ministry of Labor said. The indicator has become minimal since the beginning of May. Experts had expected a decrease in the number of applications to 225 thousand. The average number of applications for the last 4 weeks decreased to 223 thousand from 224 thousand 750. The number of Americans who continue to receive unemployment benefits for the week ended June 30, decreased by 3 thousand and amounted to 1 million 739 thousand. Experts had expected the decrease to 1 million 730 thousand.
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
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 ...
Asian shares fell on Thursday as the U.S.-China tensions overshadowed hopes for more economic stimulus after Washington ordered the closure of Beijing’s consulate in Houston amid spying allegations. China called the order an “unprecedented ...
On Tuesday, Snap Inc.’s (SNAP.N) stock price declined by more than 11% in after-hours trading as investors digested the company’s user and revenue growth after its second-quarter earnings report. The social media company reported ...
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