U.S Weekly Jobless Claims Increase

New applications for U.S. unemployment benefits increased more than expected last week, but remained below a level consistent with a healthy labor market. Initial claims for state unemployment benefits rose 11,000 to a seasonally adjusted…

US Single Home Sales Fell in April

Sales of new U.S. single-family homes fell less than expected in April, but data for the last three months was revised lower. The Commerce Department said on Wednesday new home sales dropped 1.5 percent to…