US unemployment claims unchanged last week

Source: Marketwatch
The number of jobless claims was unchanged last week, said the Labor Department yesterday. The applications for unemployment benefits remained at 351 000. Economists questioned by Marketwatch expected claims would climb to 353 000. On four week basis the average number of applications has declined by 7000, reaching the record low since March 2008. 
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Fri, 24 Feb 2012 07:25:05 GMT

US home prices added 0.7% in December

US home prices gained seasonally adjusted 0.7% in December and finished the year with a 2.4% decline, said Federal Housing Finance Agency (FHFA). During the last quarter prices diminished by 0.1%. However, about 50% of all US states experienced a price increase in 4th quarter which may be a signal of a slight recovery, said Andrew Leventis, the Principal Economist

Fri, 24 Feb 2012 06:09:54 GMT

Grain commodities advanced on supply concerns

Rural commodities, excluding coffee, advanced on Wednesday. Wheat was the top gainer but the pace of rally slowed down on the improving weather conditions in the US, implying that wheat output is sufficient to meet global demand. Corn mainly followed the wheat lead. Sugar continued to draw some short-living support from the expected shortage of exports from the main cane

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