The Labor Department reported that US initial jobless claims fell to 298,000 in the week ending August 16, a bigger drop than expected and fresh evidence of tightening in the labour market.
Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.
The Justice Department announced a long-awaited $16. 65 billion settlement with Bank of America to settle accusations over dodgy mortgage securities it issued ahead of the 2008 financial crisis.
Read more here: Business Spectator