WASHINGTON — The number of Americans filing for unemployment benefits fell more than expected last week, underscoring the robustness of the labor market. Initial claims for state unemployment benefits dropped 11,000 to a seasonally adjusted 254,000 for the week ended Nov. 5, the Labor Department said on Thursday. Claims for the prior week were unrevised. It was the 88th consecutive week that claims remained below 300,000, a threshold associated with a healthy labor market. That is the longest stretch since 1970, the department said.
CHICAGO/NEW YORK—Throngs of demonstrators marched in cities across the United States on Wednesday to protest Republican Donald Trump's surprise victory in the U.S. presidential election, blasting his controversial campaign rhetoric about immigrants, Muslims and other groups. In New York, thousands of protesters filled streets in midtown Manhattan as they made their way to Trump Tower, Trump's gilded home on Fifth Avenue, while hundreds of others gathered at a Manhattan park and shouted "Not my president."
ELLSWORTH, Maine — "He lies," huffed Janet Foster. "And he's a dirty old man," chimed in her sister Jean as they discussed Donald Trump's flaws a few days before he was elected the new president of the United States. "Well, I am with him," their brother Paul, 60, interjected, raising his voice over snacks of cheese, muffins and crackers in the family's living room. "Hillary Clinton is like a puppet — you know it's all scripted."
The U.S. energy industry on Wednesday revelled in Republican Donald Trump's presidential victory, expecting him to be a strong advocate for more oil and gas output and to cut red tape that has held back billions of dollars of investment in new projects. The world's largest energy market saw a boom in oil and gas output under President Obama's administration, as improved technology led to the development of shale energy reserves that had previously been too expensive to produce.
NEW YORK (Reuters) - Democratic presidential candidate Hillary Clinton on Wednesday conceded her election loss to Republican Donald Trump and said she offered to work with the president-elect. "Last night...
TORONTO — Maybe some Americans were serious when they threatened they would move to Canada if Republican presidential candidate became successful in his often polarizing campaign for the White House. Canada's main immigration website appeared to suffer repeated outages on Tuesday night as Trump took the lead in several major states and his prospects for winning the U.S. presidency turned markedly higher.
AUSTIN, Texas (Reuters) - Former Republican President George W. Bush and his wife, Laura, did not cast a vote for U.S. president on Tuesday but did vote for Republicans in down-ballot races, a spokesman for Bush said. "They voted 'None of the Above' for president," Freddy Ford said in an email about the couple, who now live in Dallas. In a break from custom, neither George W. Bush, president from 2001 to 2009, nor his father, former Republican President George H.W. Bush, endorsed the Republican nominee for president, New York businessman Donald Trump.
WASHINGTON, Nov 8 (Reuters) - Republican U.S. presidential candidate Donald Trump said on Tuesday he would have to "see how things play out" before accepting the election results, pointing to...
Wall Street bonuses are expected to fall for a second consecutive year, according to a closely watched report. Mergers and acquisitions slowed this year, and companies delayed going public, which pressured bank fees. Increased regulation has also made trading less profitable for banks. Overall year-end incentives, which include cash bonuses and equity awards, may decline on Wall Street across the board by 5 percent to 10 percent from last year, the report said.
NEW YORK — Lawmakers should take advantage of low interest rates by making infrastructure investments and encouraging innovations that boost productivity, a Federal Reserve policymaker said on Tuesday as Americans voted in a presidential election. Charles Evans, head of the Chicago Fed, waded into the fiscal policy debate just as polls opened. An outspoken dove at the central bank, he said his prediction of 1.75 to 2 percent future economic growth was "informed by some assessment of what policies we are likely to entertain" out of Washington.