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Instant view: Jobless claims fall 12,000 last week

New U.S. claims for unemployment benefits fell as expected last week, a government report showed on Thursday, showing little sign of a pick-up in layoffs in the wake of a slump in business and consumer confidence.

Jobless claims fall, productivity sags

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The number of Americans filing new claims for unemployment benefits fell last week, showing little sign of a pick-up in layoffs in the wake of a slump in business and consumer confidence.

Jobless claims fall 12,000 last week

IBTimes Logo
New claims for unemployment benefits fell as expected last week, a government report showed on Thursday, showing little sign of a pick-up in layoffs in the wake of a slump in business and consumer confidence.
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Gold jewelry

Gold Inches Up After 2-pct Fall; Equities Limit Gains

Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing worries about recession in the United States could limit gains.
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Wall St slides, triggered by German market's fall

U.S. stocks fell on Thursday after a sharp drop in European equities ignited by rumors of a short-selling ban in Germany swept away early euphoria from Warren Buffett's investment in Bank of America.
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Apple shares fall after CEO Steve Jobs quits

Shares of Apple Inc fell more than 4 percent in pre-market trading on Thursday, a day after its iconic CEO Steve Jobs resigned, leaving right-hand man Tim Cook to take on the mantle.
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Wall Street Set for Fall; Bernanke Speech Awaited

U.S. shares were set to fall Wednesday, giving up some of the hefty gains of the previous session, which were based on hopes that Federal Reserve Chairman Ben Bernanke will announce measures to stimulate the economy
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Asian shares fall as Fed rally runs out of steam

Asian shares fell on Wednesday as a rally fueled by speculation that the Federal Reserve may signal further moves to support the struggling U.S. economy swiftly petered out, while gold rebounded from its sharpest one-day slide in 18 months.
A motorist pumps fuel into his vehicle at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Oil Price Outlook sours, Citi Sees 20 pct Fall

Several major banks cut sharply their oil price forecasts on Tuesday, with Citigroup saying that even if the United States printed more money, oil would stay depressed by weak economic growth and fresh supplies from Libya.
Workers build new homes on a hilltop in Carlsbad, California

Housing Sales Fall to Lowest Level in Months

Sales of new U.S. homes in July fell to its lowest level in five months, indicating that the housing sector is still on rocky footing after the housing bubble burst several years ago.
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Regional factory index sputters, home sales fall

Factory output in the U.S. central Atlantic region contracted again this month and new home sales fell to a five-month low in July, adding to signs of a weak second-half economic expansion at best.
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New home sales fall to 5-month low in July

New single-family home sales fell more than expected in July to hit a five month low and the prior month's pace was revised down, though the supply of homes available on the market dropped to a record low.
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Bank of America Shares Fall Amid Legal,Capital Woes

Bank of America Corp (BAC.N) shares fell nearly 8 percent on Monday, reaching their lowest level since March 2009, as investors fretted the bank may need to raise some $50 billion of capital and worried about potential additional mortgage lawsuit payouts.
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Macau casino shares fall amid China growth jitters

Shares of Macau casino operators slumped on Monday on worries of weakening demand from wealthy Chinese consumers, the main players in the world's largest gambling market, leading investors to sell stocks that have hit record highs in the past few months.
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Bank of America shares fall as investors fret

Bank of America Corp shares fell as much as 6.6 percent on Monday, reaching their lowest level in two weeks, as investors fretted about the bank facing additional legal liabilities over mortgages.
A wall mural depicting Gaddafi government propaganda is pocked with bullet holes after Libyan rebel fighters pushed pro-Gaddafi soldiers out of the center of the strategic coastal city of Zawiyah

Analysis: Gaddafi's Fall will Inspire Arab Revolutions

The implosion of Libyan leader Muammar Gaddafi's 41-year-old rule will put a new spring in the step of the Arab revolutions and demonstrate once again that these entrenched autocratic governments are not invincible.
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Brent Crude, U.S. Oil Fall on Hopes of Libya Flow

Brent crude dropped more than $3 on Monday to below $106 a barrel, while U.S. oil fell more than a dollar to below $82, on the potential for a resumption of exports from OPEC-member Libya as a six-month civil war there appeared close to an end.

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