Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »While you were sleeping, Wall St fluctuates
An unexpected drop in US weekly jobless claims and solid earnings including from News Corp weren’t enough to keep Wall Street from sliding after initially setting fresh records. The labour market provided further reason for optimism about the general outlook for the US economy, following the April jobs data released last Friday. Initial claims for state unemployment benefits declined 4,000 …
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