WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits fell again last week, but many laid-off workers are experiencing long bouts of joblessness, keeping the door open to another interest rate cut from the Federal Reserve in December. Initial claims for state unemployment benefits dropped 2,000 to a seasonally adjusted 213,000 for the week ended Nov....

LONDON (Reuters) -The spirits industry is planning to push for an exemption to any universal tariffs on U.S. imports imposed by the incoming Trump administration, a trade body representing top spirits makers told Reuters. President-elect Donald Trump has threatened to impose across-the-board tariffs of 10% on foreign made goods imported into the United States in a bid to eliminate the...

07:55 AM EST, 11/27/2024 (MT Newswires) -- The US dollar fell against its major trading partners early Wednesday as markets face another busy day of data releases before the Thanksgiving holiday. Durable goods orders for October, the second look at Q3 gross domestic product growth, advance trade for October and weekly jobless claims will all be released at 8:30 am...

WASHINGTON (Reuters) - New orders for key U.S.-manufactured capital goods unexpectedly fell in October, suggesting a moderation in business spending on equipment this quarter. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, dropped 0.2% last month after a downwardly revised 0.3% increase in September, the Commerce Department's Census Bureau said on Wednesday. Economists polled...