U.S. Jobless Claims, Trade Deficit

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Aug. 11 (Bloomberg) -- Claims for unemployment insurance payments in the U.S. unexpectedly fell last week by 7,000 in to 395,000, the fewest since early April, the Labor Department said today. Separately, the U.S. trade deficit widened 4.4 percent to $53.1 billion in June, the highest level since October 2008, Commerce Department figures showed. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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