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Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three years. The number of Americans filing for jobless benefits rose by 22,000 to 242,000 for the week ending Feb. 22, the Labor Department said Thursday. Analysts projected that 220,000 new applications would be filed.

(Bloomberg) -- The move away from globalization toward a more fragmented world is likely to fuel permanently higher inflation across regions, according to Apollo Global Management’s Torsten Slok.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center i

The benchmark S&P 500 and tech-heavy Nasdaq fell on Thursday, after Nvidia shares swung to losses as investors focused on signs of increased AI spending in the industry, and data suggested a cooling U.S. economy. Nvidia gave up early gains and fell 2.7% - a contrast to outsized gains the stock witnessed after some of its earlier results announcements. Five of the S&P 500's 11 sectors traded lower, led by a 1.2% decline in technology stocks.

(Bloomberg) -- No matter what metric you’re looking at, US inflation is moving in the wrong direction again.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as Crisis EasesWhether it’s a house or a carton of eggs, price growth is

As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the gig economy industry, including Lyft (NASDAQ:LYFT) and its peers.

The United States has suspended sanctions for 30 days on Serbian oil company NIS, which is majority-owned by Russian companies and runs the country's only oil refinery, President Aleksandar Vucic said on Thursday, citing a U.S. Treasury document. The United States placed sanctions on Russia's oil sector on January 10, and gave Russian oil company Gazprom Neft until Thursday morning to exit ownership of NIS.

Traders who bet on the future course of inflation foresee the sharpest divergence for three years between the U.S. and euro zone, driven by different growth paths, tariff threats and cheaper European energy after a potential Ukraine peace deal. That gap is not fully reflected in U.S. and euro zone bond yields, however, as investors are eyeing other factors including recent tepid U.S. economic data and expectations that European countries might need to spend more on defence.