U.S. weekly jobless claims fall; housing finding bottom

Published by
Reuters

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, though financial market turmoil is casting a shadow over the economy. Other data on Thursday also struck a fairly upbeat note on the economy, with homebuilding surging in February, driven by the rental housing market, and import prices posting their first year-on-year decline since December 2020. Regional factories, however, continued to struggle in March. “The sky is not falling for the real economy as the l…

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