U.S. Jobless Claims Fall to Lowest Level in 5 Years

Aug. 1 (Bloomberg) -- U.S. initial jobless claims declined by 19,000 to 326,000 in the week ended July 27, the fewest since January 2008, from a revised 345,000 the prior week, the Labor Department reported today in Washington. Alix Steel and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

JPM's Kemery Has Concerns About OPEC Exit Strategy
38:23 - Ebele Kemery, head of energy investing at JPMorgan, and Bloomberg's David Wethe, discuss a reported extension of OPEC production cuts and what their lack of an exit strategy means to markets. They speak on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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