U.S. Jobless Claims Unexpectedly Drop

March 7 (Bloomberg) -- The number of Americans who filed for unemployment benefits declined to a six-week low, showing further improvement in the labor market. First-time jobless claims unexpectedly fell by 7,000 to 340,000 in the week ended March 2, the lowest since the period ended Jan. 19, according to data today from the Labor Department in Washington. Deirdre Bolton and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
U.S. Consumer Spending Rises 0.1%, Incomes Up 0.4%
20:03 - Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006. Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)
  • Yemen, Iran Deal, Dollar Driving Oil Prices: Gersch
  • Dufry to Buy Rival World Duty Free for $2.8B
  • Here's Why Wages Matter More Now Than Ever