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Tag: potential

U.S. jobless claims little changed in potential sign that layoffs have hit a plateau

First-time claims for unemployment insurance were little changed over the past week, indicating the heightened pace of layoffs during the pandemic may have hit a plateau, the Labor Department reported Thursday.Initial filings for the week ended Nov. 13, totaled 268,000, a decline of...

IEA sees a potential reprieve as U.S. production rises

LONDON — The International Energy Agency said on Tuesday that soaring oil prices could soon turn lower as the U.S. leads a rebound in global supply.Oil prices have soared above $80 a barrel over the last few weeks, hitting their highest level in...