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Latest Dan Greenhaus Items
The number of people applying for unemployment benefits dropped last week to its lowest level since April 2008, extending a downward trend that shows the job market strengthening.
The stock market fell Monday after a jump in Italy's borrowing costs reminded investors of how much work remains to be done to contain Europe's debt problems.
Not even a string of better earnings reports could stave off worries about debt on Monday.
Builders broke ground last month on the fewest homes in nearly two years, a reflection of declines in home prices and diminished demand that has made it difficult for them to compete.
The number of people applying for unemployment benefits plunged last week, reversing a spike from the previous week largely caused by harsh winter weather.
The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market remained sluggish.