Industry Market Trends

U.S. Unemployment Claims Drop, Signaling Market Strength

May 23, 2013

New Department of Labor data reveals that the number of jobless claims dropped to a seasonally adjusted 340,000 last week, lower than economists had predicted. The modest decline in claims may suggest that employers are not eliminating workers even amid concerns over federal spending cuts. Read More

Industry Market Trends

Keystone XL Bill Survives House Showdown, but Will it Last?

May 23, 2013

Congress today passed a bill aimed at cutting away red tape that would otherwise slow initial construction of the Keystone XL pipeline. Despite the bill’s bipartisan backing, some Democrats and White House officials say it won’t be long lived. Read More