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• Jobless claims rose unexpectedly last week
WASHINGTON - The number of newly-laid off workers seeking unemployment benefits jumped unexpectedly last week, the government said Thursday, reversing three weeks of declines. The Labor Department reported that new applications for unemployment ...
• Comcast appeals FCC Web-blocking decision
Meanwhile, a public interest law firm representing two consumer groups and a California company that benefits from the type of file-sharing software targeted by Comcast filed appeals in New York, Philadelphia and San Francisco.
• Wall Street dives after retail report
NEW YORK - Wall Street tumbled Thursday on more disappointing economic news — retailers posted sluggish back-to-school sales reports and the government said the number of workers seeking unemployment benefits spiked last week. The Dow Jones ...
• Americans’ productivity stronger than expected
While rising wages and benefits are good news for workers, if those gains outstrip the increase in productivity, it raises the risk that inflation could surge.
• Boeing workers vote to strike, delay until Friday
The IAM slammed the contract terms, saying the offer reduces benefits, shifts more health-care costs onto workers, and does not address job security or outsourcing issues.