Jobless Claims in U.S. Drop to Four-Year Low

Oct. 11 (Bloomberg) -- Fewer Americans than forecast filed first-time claims for unemployment benefits last week, which may reflect difficulty adjusting the data for seasonal swings at the start of a new quarter. Applications for jobless benefits dropped 30,000 to 339,000 in the week ended Oct. 6, the fewest since February 2008, Labor Department figures showed today. Betty Liu, Dominic Chu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Lee's Values and Ideas Helped China Along the Way: Ho
10:24 - Institute of Defense and Strategic Studies, NTU Associate Research Fellow Benjamin Ho discusses the legacy of Lee Kuan Yew and his impact on China. He speaks to Bloomberg’s Haslinda Amin on “Trending Business.” (Source: Bloomberg)
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