Jobless Claims Drop to a Three-Month Low

Initial jobless claims unexpectedly fell to a three-month low.

Claims dropped 21,000 to 434,000 in the week ending Oct. 23, The Department of Labor said.

The revised figure for the previous week was 455,000.

A survey of analysts by Reuters predic…

Jobless Claims Drop to a Three-Month Low

Initial jobless claims unexpectedly fell to a three-month low.

Claims dropped 21,000 to 434,000 in the week ending Oct. 23, The Department of Labor said.

The revised figure for the previous week was 455,000.

A survey of analysts by Reuters predic…

Will a GOP Victory Give the Stock Market Wings?

If history is any indicator, stocks tend to do best when the president is a Democrat and Congress is Republican. Other precedents offer conflicting signs. But it seems clear that stocks often outperform in the year after a midt…