| | | U.S. jobless claims fall; continuing claims lowest since 1988 | | | WASHINGTON - New applications for U.S. jobless benefits unexpectedly fell last week and the number of Americans on unemployment rolls hit a 28-1/2-year low, pointing to a rapidly tightening labor market that could encourage the Federal Reserve to raise interest rates in June. |
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| | | In Trump's shadow, Fed official says trade barriers a 'dead end' | | | MUMBAI/NEW YORK (Reuters) - Trade protectionism is a "dead end" that may score political points but will ultimately hurt the U.S. economy, one of the most influential Federal Reserve officials said on Thursday in the central bank's strongest defense yet of open borders in the face of a skeptical Trump Administration. |
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| | | Verizon beats AT&T to buy spectrum holder Straight Path | | | (Reuters) - Verizon Communications Inc , the No.1 U.S. wireless carrier, is buying wireless spectrum holder Straight Path Communications Inc for an enterprise value of about $3.1 billion, ending a bidding war with rival AT&T . |
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| | | Macy's quarterly profit misses estimates on weak sales | | | (Reuters) - Department store operator Macy's Inc reported a lower-than-expected quarterly profit, as sales continued to tumble and as higher inventory weighed on margins, and the company's shares dropped 9 percent in premarket trading on Thursday. |
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| | | Oil bounces, world stocks hold near all-time highs | | | LONDON (Reuters) - World stocks held near all-time highs on Thursday, helped by a rebound in energy shares as oil prices rose after U.S. fuel inventories declined and Saudi Arabia cut supplies of crude to Asia more than expected. |
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| | | Boeing suspends 737 MAX flights due to engine issue | | | SEATTLE (Reuters) - Boeing Co said on Wednesday it had temporarily halted test flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by General Electric Co and Safran SA of France. |
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| | | Delta to order more Airbus A321-200 aircraft | | | (Reuters) - Delta Air Lines Inc said on Thursday it would expand its order for Airbus SE's single-aisle A321-200 aircraft, and defer deliveries of the wide-body A350-900 jets. |
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