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WRAPUP 2-U.S. labor market resilient despite sluggish economy

WASHINGTON, May 21- The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week, but the underlying trend continued to point to a rapidly tightening labor market. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 274,000 for the week ended May 16, the Labor Department...
Source: Reuters | By: Lucia Mutikani
WRAPUP 1-U.S. jobless claims up; four-week average lowest since 2000

*Weekly jobless claims rise 10,000. WASHINGTON, May 21- The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week, but the underlying trend continued to suggest the labor market was tightening. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 274,000 for the week...
Source: Reuters | By: Lucia Mutikani
U.S. jobless claims up; four-week average lowest since 2000

Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 274,000 for the week ended May 16, the Labor Department said on Thursday. A Labor Department analyst said there was nothing unusual in the state-level data and no states had been estimated. Outside the energy sector, which has lost thousands of jobs so far this year as...
Source: Reuters
Jobless claims up; 4-week average lowest since 2000

The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week.
Source: Reuters
The top 10 signs you're a 'Fast Money' addict

In honor of David Letterman's final show, here's a Top 10 List of the signs you're a "Fast Money" addict.
Source: CNBC.com | By: Michael Newberg
US STOCKS-Wall St little changed, held back by Wal-Mart

*Wal-Mart biggest drag on Dow, S&P. May 19- U.S. stocks were little changed on Tuesday, constrained by Wal-Mart's weak results and as investors took a breather after a rally that took the Dow Jones industrial average and the S&P 500 to record closing highs the previous day. "I definitely think the markets are overvalued at this time but it's the only place where the...
Source: Reuters | By: Sweta Singh
Fed likely to hit brakes after bad data

With U.S. industrial production falling for a fifth-straight month, a lackluster picture of growth might make the Fed rethink rate hikes.
Source: The Associated Press
WRAPUP 2-Weak U.S. data point to modest Q2 economic rebound

WASHINGTON, May 15- U.S. industrial production unexpectedly fell for a fifth straight month in April due in part to a further decline in oil and gas drilling, suggesting that the economy is growing at only a modest pace in the second quarter. The economy's struggle to pick up steam after a dismal first quarter was underscored by other data on Friday showing a drop in...
Source: Reuters | By: Lucia Mutikani
WRAPUP 1-U.S. factory, consumer confidence data darken Q2 outlook

*New York state manufacturing rebounds. The economy's struggle to pick up steam after a dismal first quarter was underscored by other data on Friday showing a sharp drop in consumer confidence in early May and only a mild rebound in factory activity in New York state. These are not the numbers that would inspire confidence in the Fed to tighten policy, "said Millan...
Source: Reuters | By: Lucia Mutikani
UPDATE 1-BP names former UK MI6 spy chief as director

LONDON, May 14- BP has appointed Britain's former MI6 spy chief and veteran diplomat John Sawers as a non-executive board member in a development highlighting long running links between the British establishment and the oil major. Sawers was the head of Britain's MI6 secret intelligence service from 2009 to 2014. He had previously served as Britain's...
Source: Reuters | By: Dmitry Zhdannikov and Ron Bousso