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December 14, 2023

US initial jobless claims fall by 19,000

ISTANBUL: The number of Americans filing first-time unemployment claims fell by 19,000 last week to 202,000, according to Labor Department data released Thursday.

The figure came in much lower than market estimates of 220,000, while the previous week…

US retail sales rise 0.3% to $705.7 billion in November

ISTANBUL: US retail sales rose 0.3% to $705.7 billion in November, according to advance figures released Thursday by the Commerce Department.

The market estimate for the figure was to show a decline of 0.1%, while the October figure was revised to $7…