U.S. Jobless Claims Hover Near High; GDP Up 1.9%

June 28 (Bloomberg) -- The number of applications for unemployment benefits hovered last week near the highest level of the year. Jobless claims decreased by 6,000 to 386,000 in the week ended June 23, Labor Department figures showed today in Washington. Separately, Commerce Department figures showed the U.S. economy grew 1.9 percent in the first quarter, reflecting a gain in consumer spending that now shows signs of cooling as the labor market weakens. Deirdre Bolton and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Full Show: What'd You Miss? (04/28)
13:02 - Guests include: Billionaire environmental activist Tom Steyer, Cuemacro founder Saeed Amen, Ballard Spahr's Dee Spagnuolo and Meghan Duggan, captain of the U.S. Women's National Hockey team. (Source: Bloomberg)
  • How Virtual Reality Is Impacting Storytelling
  • Quants Fire Back at Paul Tudor Jones
  • Full Show: Bloomberg Best (04/28)