Initial jobless claims continue to fall

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Source: Investing.com
The number of people filing for unemployment benefits in the United States dropped to 267,000 in the week ended May 28, following 268,000 initial jobless claims seen in the previous seven days. Meanwhile, analysts expected to see an increase to 271,000 filings. It was the 65th consecutive week initial claims remained below the 300,000 level.






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Thu, 02 Jun 2016 13:01:57 GMT

Oil prices tumble on Thursday

Crude oil futures traded lower on Thursday ahead of the OPEC meeting in Vienna. West Texas Intermediate dropped 0.94%, trading at $48.55 per barrel, whereas Brent declined 0.72%, trading at $49.36 per barrel by 12:50 on the London Stock Exchange.

Thu, 02 Jun 2016 12:26:37 GMT

Private sector adds 173,000 new jobs in May

According to the ADP's National Employment Report released on Thursday, private sector companies in the United States created 173,000 more new job vacancies last month, meeting analysts' expectations, following April's upwardly revised 166,000 jobs and posting the smallest gain since January 2014.

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