Brusuelas Cites Seasonal Issues for Fall in Claims

July 12 (Bloomberg) -- Bloomberg economist Joseph Brusuelas discusses initial jobless claims for the week ended July 7 and the import-price index for June. Applications for jobless benefits decreased by 26,000 to 350,000, the fewest since March 2008, Labor Department figures showed today. (Brusuelas is a Bloomberg economist. The opinions expressed are his own. Source: Bloomberg)
The Best of Yanis Varoufakis
02:34 - Yanis Varoufakis, Greece's iconoclastic finance minister, has resigned his post following his country's historic 'NO' vote. He describes himself on twitter as having been "thrust onto the public scene by Europe's inane handling of an inevitable crisis." Always one for a great line, here are some of his best bits.
  • Does a ‘No’ Vote Complicate Future Negotiations?
  • Greece Has Two-Week Deadline on ECB Payment: Vamvakidis
  • Greek Banking System Is the Real Pressure Cooker: Diebel