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Jobless claims cast cloud on labor market

The number of Americans filing for jobless aid hit a two-month high last week and more applications were received in the prior week than initially reported, suggesting a cooling in the labor market recovery.

Investors Pump Money Into Stocks Hoping For A 'Goldilocks' Moment: Daily Markets Wrap

New research shows that runaway growth in the financial sector is detrimental to the real economy, as highly skilled workers gravitate toward finance and industries dependent on outside investment suffer. (Reuters)
Risky assets rose on moderate volume and moderately bad news Thursday, as investors seemed to be placing a paradoxical bet that a slowdown in economic growth would jolt the U.S. central bank into action -- inflating the prices of stocks, commodities and other assets -- while at the same time assuming the slowdown would not be so harsh as to throw the current recovery completely off track.

Walmart International focusing on existing markets

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Wal-Mart Stores Inc is focused on improving results in China and other foreign countries where it already operates, rather than on entering new markets, its top international executive said on Thursday.
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Men looking for labor jobs stand along a street in Brooklyn, New York

The March Employment Data Thud

The Fed is also well aware that employment had peaked in each of the past two springs before resuming growth late in the year.
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EXCLUSIVE: Kris Herzog, Former Bodyguard For Oksana Confirms Mel Gibson Wanted To Kill Her [PHOTOS]

A letter sent to Mel Gibson from ex-film collaborator and screenwriter, Joe Eszerthas has hit the web, revealing not only more about Gibson's rage issues, but his continued death threats to ex-girlfriend, and mother of his child, Oksana Grigorieva. According to Kris Herzog, owner of the Navy SEAL Bodyguard Group, The Bodyguard Group of Beverly Hills and former bodyguard for Mel Gibson and Oksana, Gibson has said on numerous occasions that he was going to kill Oksana.
The logo of Anheuser-Busch InBev, the world's largest brewer, is seen outside the company's headquarters in Leuven

Anheuser-Busch In Lead For Presidente Brewer

Anheuser-Busch InBev NV may be serving up cervezas en espanol, as the Belgian brewer has emerged as the lead bidder for Cerveceria Nacional Dominicana SA, maker of Presidente Beer.
WTO trade map

WTO Warns Global Trade Will Shrink Again In 2012

Trade growth is expected to slow for a second year in 2012 amid severe downside risks that could push it even further below the 20-year average of 5.4 percent, the Geneva-based body forecast Thursday.
Micron Technology

Micron Shares Gain After $1B Notes Offering

Shares of Micron Technology (NYSE: MU), the only U.S. independent maker of memory chips, rose 5 percent after it announced plans to sell convertible senior notes valued at $1 billion.
British Prime Minister David Cameron deliver his speech as he visit the Al-Azhar University in Jakarta

Britain May Relax Sanctions Against Myanmar

The Prime Minister is scheduled to visit Myanmar, also known as Burma, on Friday, making him the first Western head of state to set foot on its soil in more than half a century.

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