latest world business news

American economy experiences strong position in its key indicators exposed recently. Among this, one of the major indicator is amount of applications for unemployment benefits in the United States of America which dropped last week to the second-lowest level this year, fresh evidence that companies are cutting fewer jobs. First-time claims for jobless aid fell by 17,000 to a seasonally-adjusted 421,000 in the week ending Dec. 4, the Labor Department of USA said Thursday. The four-week average of claims, a less-volatile measure, dropped for the fifth straight week to 427,500. That's the lowest since August 2008, just before the financial crisis intensified with the collapse of Lehman Brothers. Separately, the Commerce Department said businesses boosted wholesale inventories for the tenth straight month in October and sales rose by the largest amount in seven months. Strong demand from businesses restocking depleted store shelves has helped the economy grow after the recession ...

Cargo planes and trucks in several U.S. cities were inspected Friday after investigators found suspicious packages in at least two locations-Britain & Dubai- abroad, law enforcement sources with detailed knowledge of the investigation said. However, nothing serious was found but toner cartridge only which sparked horror of terror attacks in the countries of U.S., U.K. and Middle East. Jewish community of U.S. and the world was very thoughtful over the apprehension.  See the matter what happened! U.S. officials believe that al Qaeda in the Arabian Peninsula, commonly referred to as AQAP, is behind the plot. One suspicious package, found in the United Kingdom, contained a "manipulated" toner cartridge but tested negative for explosive material, the source said. It led to heightened inspection of arriving cargo flights in Newark, New Jersey, and Philadelphia, Pennsylvania, and a UPS truck in New York. The package had white powder on it as well as wires and a circuit ...