U.S. Jobless Claims Fall by 5,000 to 30,000

Jan. 24 (Bloomberg) -- Claims for jobless benefits in the U.S. unexpectedly dropped last week to a five-year low, highlighting the challenges in adjusting the data for swings at the start of a year. Applications for unemployment insurance payments decreased by 5,000 to 330,000 in the week ended Jan. 19, the fewest since the same week in 2008, the Labor Department reported today. Betty Liu and Sara Eisen report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Bill Gross: Fed Will Raise Interest Rates in September
59:20 - Bill Gross said the Federal Reserve will raise interest rates in September, because the central bank increasingly realizes that loose monetary policy isn’t helping the global economy. Bloomberg's Mary Childs reports on "Bloomberg Markets." (Source: Bloomberg)
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