Jobless Claims in U.S. Fall; Trade Deficit Narrows

Nov. 8 (Bloomberg) -- Fewer Americans than forecast filed claims for unemployment insurance last week as the effects of Hurricane Sandy started to show. Applications for jobless benefits fell by 8,000 to 355,000 in the week ended Nov. 3, the Labor Department said today in Washington. The U.S. trade deficit unexpectedly narrowed in September 5.1 percent to $41.5 billion, from $43.8 billion in August, Commerce Department figures showed today in Washington. Betty Liu, Dominic Chu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Chevron Oil Writedown Pushes Profit to 12-year Low
28:12 - Paul Sankey, managing director at Wolfe Research, examines second-quarter results from Chevron Corp. as the company posted its lowest profit in more than 12 years on nearly $2 billion of write downs on oil and gas field values. He speaks on "Market makers." (Source: Bloomberg)
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