Jobless claims rise as weekly data show gradual labor shift
The Labor Department reports 360,000 unemployment claims for the latest week, up 32,000 from the prior period, with the four week average at 339,250. Economists cite volatile weekly readings but note ongoing modest job gains and improved layoffs trends despite higher short term readings. The unemployment rate stands at 7.5 percent with 4.8 million receiving benefits.
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Washington
Labor Department
Julia Coronado
BNP Paribas
Coronado
Only Subaru Forester Tops IIHS Small SUV Tests
In the IIHS small overlap front-crash tests, 2 of 13 small SUVs earned a top good rating. Subaru Forester was the sole top pick, while Ford Escape Honda CR V and Jeep Wrangler fared poorly or marginal. Other models like Jeep Patriot Buick Encore Kia Sportage Hyundai Tuscon also rated poorly or marginal. Ford defended the Escape’s safety features and crash management structure.
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Detroit
Subaru
Insurance Institute For Highway Safety
U.S
Ward
AutoInfoBank
IIHS
Institute
ITHS
Honda
Toyota
Ford
Wal Mart quarterly profit edged up as weak spring sales hit results
Wal Mart Stores posted a slight rise in first quarter profit as sales fell in its namesake unit amid weak consumer spending. The retailer blamed payroll tax increases, delayed refunds, weather and job worries for softer demand, with revenue at 113.43 billion and earnings per share of 1.14, below Wall Street estimates.
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New York
Wal-Mart Stores Inc
Wall Street
Wal-Mart
McDonald's
Macy's
Mike Duke
U.S
Brian Sozzi
Belus Capital Advisers
Charles Holley
Busi
Wal- Mart
Sam
U.S. housing starts fall in April amid apartment slump
Construction of new U.S. homes dropped 16.5 percent in April to 853000 annual rate, the lowest since November. Single family starts slipped 2.1 percent to 610000 while multiunit projects with five or more units plunged 37.8 percent to 234000, signaling sector rebound despite weak apartment activity.
MENTIONED IN THIS ARTICLE
Washington
U.S
U.S. Department of Commerce
Gas price drop drives steep CPI fall to 0.4 percent
The Labor Department reports April consumer prices fell 0.4 percent from March led by an 8.1 percent drop in gas costs. Excluding fuel, prices were largely flat, with a 1.1 percent year over year gain—the smallest in 24 years. Mortgage rates edge up but stay near record lows. Freddie Mac notes the 30-year rate at 3.51 percent and the 15-year at 2.69 percent.
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Washington
U.S
Labor Department
Freddie Mac
Apple Inc
Microsoft
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Bob Evans
Nasd
NokiaCp NY
BostonSci NY Etc
Nordson Nasd
Northropg NY
Cedarf NY
Oracle
CaitryLink NY
PNC NY
ParkerHan NY NY
DDR Corp NY
Penney NY
Darden NY
Pfizer NY
PolyOne NY
DineEquity NY
Pruvxst Rs NY
EMC NY
ProdGam NY
Emersonel NY
RPM NY
Facebook N Nasd
FifthThird
S&ps
GenElec NY
Spor Free NY
Stemis
Symantec
TeslaMot
Usstee
Iswr2k
Vale SA NY
WalMart NY
Jpmorg?h NY
Wells Fargo NY
Inoend Nest
Wendys Co
Mktvgold
American Airlines favors light travelers for early boarding
Fort Worth Texas based report says American Airlines will allow passengers with only a personal item under the seat to board earlier to speed up boarding. The change applies to those not using rolling suitcases and comes as a company measure reported on Thursday.
MENTIONED IN THIS ARTICLE
Fort Worth
Texas
American Airlines
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