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Thursday, December 18, 2014

Business Today: U.S. jobless claims point to firmer labor market

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12/18/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
U.S. jobless claims point to firmer labor market
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continued to strengthen.
Stock futures climb as oil rebounds; data on tap
NEW YORK (Reuters) - U.S. stock index futures surged on Thursday, putting the S&P 500 on track to extend gains from the prior session, as oil prices showed hints of stabilizing and ahead of data on the labor market.
Oil jumps 3 percent to $63 as energy firms slash investments
LONDON (Reuters) - Brent crude jumped 3 percent to near $63 a barrel on Thursday, extending a rebound from five-year lows this week as oil's six-month price rout forced more energy firms to cut investments in new production.
Fed confident on U.S. growth, opens door wider to rate hike
WASHINGTON (Reuters) - The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep rates near zero for a "considerable time" in a show of confidence in the U.S. economy.
Russian ruble weakens as traders see no major measures in Putin speech
MOSCOW (Reuters) - The ruble weakened against the dollar and euro on Thursday with traders saying President Vladimir Putin had so far offered no concrete measures to pull Russia out of a crisis at his end-of-year news conference.
GM suspends delivery of cars to Russian dealers
HAMBURG (Reuters) - General Motors has suspended the delivery of cars to dealerships in Russia in response to a slide in the rouble, the company said on Thursday.
Credit Suisse says no plans to levy negative rates on savings accounts
ZURICH (Reuters) - Credit Suisse said on Thursday it currently has no plans to levy negative interest rates on savings accounts, after Switzerland's central bank said it would introduce negative rates on big commercial bank deposits.
Jaguar recalls 1,571 sedans in U.S. for possible braking issue
DETROIT (Reuters) - Jaguar Land Rover is recalling 1,571 Jaguar XJ luxury sedans in the United States for a possible braking issue, according to documents posted by U.S. safety regulators.
Deutsche Bank to review strategy and may sell Postbank network
FRANKFURT (Reuters) - Deutsche Bank AG will review its strategy and profit targets next year and may sell its Postbank-branded retail unit, in a major reversal as a hoped-for turnaround in profitability slips out of reach.
Ford shuts doors of Belgium's Genk plant
GENK, Belgium (Reuters) - Ford Motor Company produced the last car at its plant in Genk, Belgium, on Thursday, closing the site which produced some 14 million vehicles over the past 50 years.
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