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US Goods Trade Deficit Increases by 11.1% in May

Washington: The US goods trade deficit experienced a significant rise of 11.1% from the previous month, reaching $96.6 billion in May, based on data released Thursday.

According to Anadolu Agency, the Commerce Department reported that the deficit su…

US Initial Jobless Claims Drop by 10,000 Last Week

Washington: The number of Americans filing first-time unemployment claims fell by 10,000 to 236,000 last week, according to Labor Department data released on Thursday.

According to Anadolu Agency, the figure came below the market forecasts of 244,00…