By Lucia Mutikani
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating the jobs market was on solid footing even as the economy struggles to regain momentum after abruptly slowing in the first quarter.
Other data on Thursday showed that a strong dollar and lower oil prices suppressed producer inflation in April. That together with signs of modest growth early in the second quarter suggest the Federal Reserve will probably not raise interest rates until later in the year.
- This Year's Best High-Interest Savings Accounts
- The Best States to Retire in 2022
- 7 Crucial Retirement Mistakes
- Don’t Borrow From The Bank - Borrow From Yourself
- Want Cash Out of Your Home? Here Are Your Best Options
- Turn Your Home Equity Into Cash Before a Recession
- Home Equity Surges: Compare Home Equity Loans
- Age 62+? Take this Quiz to Qualify for a Home Equity Conversion
- Digital Mortgage Platform Helps New Home Buyers Qualify to Buy
- 5 Reasons You Should Switch To This Travel Credit Card
- Best Travel Cards For Winter 2022
- 3 Cards Charging 0% Interest Until 2024
- The True Story Behind "The Blind Side"
- These Are All The Hidden Hacks Of Costco
- The Largest Military Planes In The World Are A Sight To Behold