IBT Staff Reporter

74041-74070 (out of 154943)

Mid-Atlantic factories slow, jobless claims fall

Factory activity in the U.S. Mid-Atlantic braked sharply in April and the number of Americans claiming new jobless aid fell less than expected last week, implying the economy was struggling to regain momentum.

Gold hits fresh record as dollar slides

Gold prices hit record highs for a fifth session on Thursday and silver rallied to its strongest since 1980 as the dollar slid to a three-year low against a basket of major currencies.

GE profit and revenue top Street view

General Electric Co posted quarterly results that blew past Wall Street's expectations on Thursday, joining a wave of better-than-expected earnings in the U.S. manufacturing sector.

Initial jobless claims hold above 400,000

The number of Americans filing new claims for unemployment benefits fell last week but held above the key 400,000 level, hinting at some loss of momentum in the labor market recovery.

McDonald's profit rises as March sales excel

McDonald's Corp reported a higher-than-expected quarterly profit on Thursday as the world's largest restaurant company posted March sales in all regions that topped analyst expectations.

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