Chris Rupkey on Jobless Claims, U.S. Economy

Nov. 21 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, discusses U.S. weekly jobless claims and the impact of Hurricane Sandy on the labor market. Jobless claims decreased by 41,000 to 410,000 in the week ended Nov. 17, the Labor Department reported today in Washington. The number of applications matched the median forecast of 48 economists surveyed by Bloomberg. (Bloomberg)
Banking on Aceh for Islamic Finance
38:55 - Indonesia has taken another step towards its goal of being an Islamic banking hub to rival Malaysia. Aceh province plans to convert its development bank to one that complies with Islamic law. Bloomberg’s Tommy Tjokro reports on “Trending Business.” (Source: Bloomberg)
  • Broken Businesses Help Nepal's Earthquake Victims
  • Has Modi Fulfilled Expectations for India?
  • China Stock Boom Drives Luxury Car Demand