U.S. Jobless Claims Rise; Consumer Spending Climbs

Jan. 31 (Bloomberg) -- U.S. initial jobless claims rose 38,000 in the week ended Jan. 26, the most since Nov. 10, to 368,000, the Labor Department reported today in Washington. Separately, consumer spending in the U.S. climbed in December as incomes grew by the most in eight years. Household purchases, which account for about 70 percent of the economy, rose 0.2 percent after a 0.4 percent gain the prior month, a Commerce Department report showed. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Risks From Greece to Euro Area 'Fairly Contained': Tran
45:45 - Hung Tran, executive managing director for capital markets and emerging markets policy at the Institute of International Finance, and Erik Nielsen, global chief economist at UniCredit SpA, talk about the outlook for Greece. They speak with Olivia Sterns and Pimm Fox on Bloomberg Television's "Bloomberg Markets." (Source: Bloomberg)
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