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(Adds details throughout, analyst comments) * Trade deficit increases 23.0% in April * Goods imports rise 2.0%; exports tumble 5.3% WASHINGTON, June 7 (R... | 10:06am
The U.S. trade deficit ballooned by $14 billion in April compared to March as exports fell sharply and imports increased, according to the BEA.
The US jobs report delivered mixed signals Friday, with the unemployment rate rising to from 3.4 to 3.7 percent while the economy added 339,000 new jobs, well above expectations.
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased modestly last week and private employers hired more workers than expected in May, pointing to continued labor market tightness that could push the Federal Reserve to keep interest rates elevated. | 12:36pm
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