WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell more than expected last week, while layoffs plunged to a 21-year low in June, suggesting the labor market recovery from the COVID-19 pandemic was gaining traction.FILE PHOTO: Line cook Ray Liberge, 48, attends a job fair for restaurant and hotel workers, after coronavirus disease (COVID-19) restrictions […]

Take a look at some of the biggest movers in the premarket: Walgreens (WBA) – Walgreens shares rallied 2.8% in the premarket after the drug store operator reported quarterly profit of $1.51 per share, beating the consensus estimate of $1.17 a share. Revenue topped forecasts as well, helped by a rebound in prescription volumes. The company also raised its full-year […]

KABUL (Reuters) – Afghan scrap dealers are picking over the detritus of the two-decade U.S. military intervention in Afghanistan, collecting whatever they can of value from heaps of broken military hardware, scrapped machines and old furniture.FILE PHOTO: Afghan National Army (ANA) soldiers stand guard at a check point near the Bagram Airbase north of Kabul, Afghanistan April 2, 2020. REUTERS/Omar […]

BOSTON/WASHINGTON (Reuters) – With the coronavirus at bay and the dreaded New York Yankees in town, the 37,000 screaming, mostly maskless Major League Baseball fans of the hometown Boston Red Sox finally had something to hate more than the pandemic.FILE PHOTO: Jun 27, 2021; Boston, Massachusetts, USA; Boston Red Sox third baseman Rafael Devers (11) hits a home run during […]

COPENHAGEN (Reuters) – Crowds at Euro 2020 football stadiums and in pubs and bars in host cities are driving the current rise in coronavirus infections in Europe, the World Health Organisation (WHO) said on Thursday.Slideshow ( 2 images )A 10-week decline in new coronavirus infections across the region has come to an end and a new wave of infections is […]

The U.S. Labor Department is due to release the number of weekly jobless claims filed for the week ended June 26, at 8:30 a.m. ET on Thursday. Auctions are scheduled to be held on Thursday for $40 billion of 4-week bills and $40 billion of 8-week bills. U.S. Treasury yields climbed early on Thursday, ahead of the release of weekly […]

Customers at a local cafe are seen through a window displaying a job vacancy notice in central Sydney, Australia, May 9, 2016. Picture taken May 9, 2016. REUTERS/Steven Saphore/FilesSYDNEY (Reuters) – Job vacancies in Australia hit record highs in the May quarter to be 57% above pre-pandemic levels, while businesses in all sectors reported difficulties in finding workers in a […]

FILE PHOTO: The logo of Brazil’s state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File PhotoSAO PAULO (Reuters) -Brazilian oil company Petroleo Brasileiro SA, known as Petrobras, has raised 11.36 billion reais ($2.3 billion) in the largest share offering of the year in the country. Petrobras divested its full remaining […]