March 27 (Bloomberg) -- U.S. gross domestic product grew more rapidly in the fourth quarter than previously estimated. GDP grew at a 2.6 percent annualized rate, figures from the Commerce Department reported today in Washington.
In a separate report, jobless claims decreased by 10,000 to 311,000 in the period ended March 22, Labor Department data showed. Michael McKee reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)
29:59 - Sharp’s bond risk has jumped the most since 2012 as the prospects of a state-backed rescue fade. Last week, the cost to insure debt in the Japanese display maker rose to the highest level for any Asian tech company. Bloomberg’s Pavel Alpeyev reports on “Trending Business.” (Source: Bloomberg)
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