WASHINGTON The number of Americans filing for unemployment benefits rose less than expected last week, pointing to sustained labor market strength that could push the Federal Reserve closer to raising interest rates.
Other data on Thursday showed planned layoffs by U.S.-based employers decreased 29 percent in August and labor costs in the second quarter rose far more than previously reported.
12:23 Morgan Stanley beats, has a record-breaking quarter for wealth management13
06:13 Pound quivers near three-month low, stocks weak before May's Brexit stance speech15
05:09 Sterling slides to 3-month lows on 'hard Brexit' fears12
01:03 Sterling slides to three-month lows on 'hard Brexit' fears12