WASHINGTON — The number of Americans filing new claims for unemployment benefits dropped for a third straight week last week, the latest indication the labor market recovery was gaining traction.
Other data on Thursday showed a spike in the cost of gasoline pushed up producer prices last month, but the lack of broad price pressures gives the Federal Reserve scope to maintain its very accommodative monetary policy stance even as the job market strengthens.
Duke Energy Corp (DUK)
Annual Shareholders Meeting Call
May 02, 2013 10:00 AM ET
Bill Currens - IR
Jim Rogers - President and CEO
Julie Janson - EVP and CLO
Phil Radford - Greenpeace
By Valuable Insights:
We are increasingly confident that this will be the year that Netlist (NLST) gets market traction and achieves its financial objectives. If this is the case, shares, which currently trade at $3.60, could be $10 or even $20 by year end.
The pace of growth in the US manufacturing sector quickened unexpectedly in October and construction spending posted a surprise increase, suggesting a sluggish economic recovery may be gaining some traction.