The U.S. and global economies will grow at a slower pace this year than initially estimated, requiring an "urgent" response from policymakers, the Organization for Economic Cooperation and Development said Thursday.
The number of people seeking unemployment aid fell last week to the lowest level since November, evidence that stock market turmoil and slow growth overseas haven’t caused U.S. businesses to cut jobs.
A four-day rally in world stocks cooled in Europe on Thursday, as oil prices steadied and nerves set in ahead of crunch talks between EU leaders aimed at keeping Britain in the 28-member bloc.
- USDJPY: 113.88
- EURUSD: 1.1080
- S&P 500: 1,926.82
- NASDAQ : 4,534.1