04/23/2018

News

Jobless Claims in U.S. Decline to Lowest Level in Two Months

Applications for unemployment benefits decreased by 11,000 to 264,000 in the week ended Sept. 12, a Labor Department report showed Thursday in Washington. The survey period included the Labor Day holiday. The median forecast of economists surveyed by Bloomberg projected claims would hold at 275,000.

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Cash Piles Up as U.S. CEOs Play Safe With Slow-Growth Economy

Any lament that U.S. executives are sitting on cash at their companies instead of investing in plants and equipment may be about to get louder.

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Payrolls Increased in 30 US States in April, Led By Texas

Payrolls climbed in 30 U.S. states in April, while the unemployment rate dropped in 40, showing the labor market strengthened across the country.

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California Opens Shanghai Trade Office As Exports Slump

California Governor Jerry Brown is scheduled to reopen a trade office in China, the state’s third- largest market, after exports to the world’s most populous nation slipped in 2012.

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California Fracking May Boost State Economy 14%, USC Says

Development of oil-shale deposits through Central California using fracking and other techniques may boost the state’s economic activity by as much as 14.3 percent, a University of Southern California study said.

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San Francisco Led California Growth in 2012

The San Francisco Bay Area, a region that encompasses booming Silicon Valley, led California in job growth last year as the technology industry workforce rose.

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