US Jobless Claims Drop Back After New York School Break Ends
Initial applications for US unemployment benefits fell last week, after seasonal factors caused a significant increase in New York claims in the prior week.
Initial applications for US unemployment benefits fell last week, after seasonal factors caused a significant increase in New York claims in the prior week.
JD.com Inc. reported a better-than-anticipated 7% rise in revenue, after it slashed prices and ramped up shopper perks to counter fierce competition during a Chinese downturn.
Baidu Inc.’s revenue grew at its slowest pace in more than a year, reflecting the challenges of monetizing its lead in AI during a Chinese economic downturn.
Jamie Dimon said he’s still more worried about inflation than markets appear to be.
Bank of France Governor Francois Villeroy de Galhau said it’s very probable that the European Central Bank will start cutting interest rates at its June 6 meeting.
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