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Weekly Jobless Claims Fall To Lowest Level In Months

The number of first-time claims for unemployment insurance dropped by 24,000 last week, the Employment and Training Administration says. At 334,000, the number is at a 10-week low.

The Associated Press reports that the drop may be due to seasonal factors. The wire service adds:

"Still, the broader trend has been favorable. The four-week average, which smooths out fluctuations, fell 5,250 to 346,000.

"'We believe labor market conditions remain on a gradually improving trajectory,' said Laura Rosner, an economist at BNP Paribas."

The Wall Street Journal says the news — plus good news on some quarterly earning reports — sent the stock markets soaring:

"The Dow Jones Industrial Average rose 108 points, or 0.7%, to 15579 in late-morning trade. The Standard & Poor's 500-stock index tacked on 11 points, or 0.7%, to 1692. The Nasdaq Composite Index climbed 13 points, or 0.4%, to 3623. The Dow industrials and S&P 500 hit fresh intraday record highs."

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Scotch Whiskey Gets A Run For Its Money From Global Distillers

A Canadian company recently was named whiskey of the year — knocking Scotch brands from the top-five category. In the U.S., there's been a massive increase in single malts in particular.

Capitol Hill Lawmakers Find Living At The Office Makes Sense, Saves Cents

Three office buildings on the House side of the U.S. Capitol serve as offices, and by night as lawmakers' apartments. Dozens of lawmakers choose to sleep in the office when Congress is in session.

From Takeout To Breakups: Apps Can Deliver Anything, For A Price

Convenience is at an all-time premium — and a lot of smartphone apps promise to make many of the things we do every day easier. In a time-crunch or sheer laziness, how far will the apps take us?

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