WASHINGTON — New claims for unemployment benefits fell for the third week running to their lowest level since April, suggesting improved health in the troubled US job market, official data showed Thursday.
WASHINGTON — US President Barack Obama drew inspiration Sunday from the civil rights struggles of Martin Luther King in facing down today's political gridlock in Washington.
Investing guru Warren Buffett criticized the Standard & Poor's downgrade of the long-term US credit rating, saying it "doesn't make sense" and would have a limited impact on markets.
The White House on Saturday called for an end to the political gridlock blamed for the first-ever US credit rating downgrade as allies voiced confidence in the world's largest economy.
