Search
Close this search box.

January 2025

US Initial Jobless Claims Down by 16,000

Washington: The number of Americans filing first-time unemployment claims decreased by 16,000 last week to 207,000, according to Labor Department data released on Thursday. According to Anadolu Agency, the figure was much lower than the market forecast of 224,000 and down from the previous week’s unrevised level of 223,000. The

US GDP Growth Slows to 2.3% in 4th Quarter, Missing Forecasts

Washington: The US economy expanded by 2.3% in the fourth quarter of 2024, falling short of market expectations of 2.7%, according to the Commerce Department’s first advance reading released Thursday. According to Anadolu Agency, consumer spending and government expenditures drove the quarter’s gains, although they were partially offset by a