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July 2024

Initial jobless claims in US rise by 4,000

ISTANBUL: The number of Americans filing first-time unemployment claims rose 4,000 last week to 238,000, according to Labor Department data released Wednesday.

The figure was slightly higher than estimates of 234,000. The previous week’s reading was …

US stocks close mixed in short session before July 4 holiday

ISTANBUL: Major stock exchanges in the US closed mixed Wednesday in a short session before the July 4 holiday.

The S and P 500 added 28 points, or 0.51%, to finish the day with a record-high of 5,537.

The Nasdaq, meanwhile, increased 159 points, or …