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October 10, 2024

US jobless claims soar 33,000 to highest since early August 2023

Istanbul: The number of Americans filing first-time unemployment claims soared by 33,000 last week to 258,000, according to Labor Department data released Thursday.

That marked the highest level of initial claims since Aug. 5, 2023 when it was 258,00…

US stocks open lower as consumer inflation disappoints

ISTANBUL: Major US stock exchanges opened on a lower note Thursday after consumer inflation figures came higher than market estimates and disappointed investors.

The Dow Jones industrial average fell 82 points, or 0.19%, to 42,429 as of 9.52 a.m. EDT…