U.S. weekly jobless claims increase; mid-Atlantic factory activity near 50-year high

The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but the labor market is regaining its footing as an acceleration in the pace of vaccinations leads to more businesses reopening. The improving health situation, combined with extremely accommodative monetary and fiscal policy, is boosting manufacturing, putting the economy on course […]

Continue Reading

Thomson Reuters, Refinitiv managers to sell 10.5 million voting shares in LSE, bookrunner says

Thomson Reuters Corp and members of Refinitiv’s management plan to indirectly sell about 10.5 million voting shares in London Stock Exchange Group, joint bookrunner J.P. Morgan Securities said in a statement on Thursday. The sale, which comes weeks after LSE completed its $27 billion purchase of data and analytics business Refinitiv, represents around a 1.9% […]

Continue Reading