US Jobless Claims Up, Gasoline Lifts Consumer Prices
Initial claims for state unemployment benefits increased 9,000 to a seasonally adjusted 408,000, the Labor Department said on Thursday, above economists’ expectations for a rise to to 400,000.
Another report from the Labor Department showed the Consumer Price Index increased 0.5 percent in July, the largest gain since March, after falling 0.2 percent in June. That was above economists’ expectations for a 0.2 percent gain.
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