New applications for unemployment benefits declined to their lowest level since mid-July.
Applications for US unemployment benefits fell to 194,000, the lowest level since mid-July. Weekly claims are closely watched as an early indication of whether employers are increasing layoffs.
The reading suggests the labour market remains relatively stable, although the next monthly hiring report will provide a broader view.
Source: Associated Press.
The coffee chain's outlook suggests operational changes are beginning to improve performance.
Investors focused on cash consumption despite rapid expansion in the cloud business.
Investors weighed resilient growth against the rising cost of the artificial-intelligence build-out.
Third-quarter growth accelerated as household spending and business investment remained resilient.
