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Unemployment aid applications drop to 334K

WASHINGTON — The number of Americans applying for unemployment benefits fell 24,000 last week to a seasonally adjusted 334,000, a sign that steady job gains should continue. The Labor Department said Thursday that the four-week average, which smooths out fluctuations, ...

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Economy grew at modest 2.4 pct. rate in Q1

The U.S. economy grew at a modest 2.4 percent annual rate from January through March, slightly slower than initially estimated. Consumer spending was stronger than first thought, but businesses restocked more slowly and state and local government spending cuts were ...

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Unemployment aid applications jump to 385,000

WASHINGTON, D.C. — The number of Americans seeking unemployment aid rose last week by 28,000, the third straight increase. Weekly applications increased to a seasonally adjusted 385,000, the Labor Department said Thursday. That’s the highest level since late November. The ...

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