U.S. Jobless Claims Jump; Consumer Prices Increase

Nov. 15 (Bloomberg) -- More Americans than forecast submitted claims for unemployment insurance last week as superstorm Sandy wreaked havoc on the job market. Applications for jobless benefits surged by 78,000 to 439,000 in the week ended Nov. 10, the Labor Department said today in Washington. The cost of living rose 0.1 in October, the slowest pace in three months, the Labor Department also reported. Betty Liu, Dominic Chu and Sara Eisen report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
China’s Stock Rally Forecasts Fall Short of Reality
58:45 - A year ago, analysts said Shanghai stocks were set to rally 28%. Turns out they weren’t anywhere near optimistic enough as shares ended up more than doubling. Bloomberg’s Shery Ahn reports on “First Up.” (Source: Bloomberg)
  • Fortescue Rallies on Chinese Investment Interest
  • Euro Declines to Four-Week Low
  • Allianz's Chan: Would Buy India Stocks on Weakness