Washington: Initial jobless claims in the US hit 248,000 for the week ending June 7, stable from the previous week’s revised figure and higher than expected, according to Labor Department data released Thursday. The previous week’s number was revised …
London: The UK economy experienced a contraction of 0.3% in April, leading economists to adjust their expectations regarding potential interest rate cuts. These cuts are now anticipated to occur in August or November, rather than during the upcoming B…
New York: Wall Street ended on a lower note as the United States and China reached a new trade deal. The S and P 500 declined by 0.27%, losing 16.57 points to close at 6,022.24. The Nasdaq Composite saw a decrease of 0.50%, dropping 99.11 points to en…