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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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Heroic Women In Strong Poses: Serena Williams, Amy Schumer In Pirelli Calendar

"Beautiful, gross, strong, thin, fat, pretty, ugly, sexy, disgusting, flawless, woman." — that's how comedian Amy Schumer sums up this year's Pirelli calendar.

High-Sodium Warnings Hit New York City Menus

The city is the first in the nation to require a sodium warning on menu items containing 2,300 milligrams of sodium or more. The rule applies to chain restaurants with 15 or more locations.

Congress Strikes Deal On 5-Year Transportation Bill

For the first time in a decade, congressional leaders have reached a bipartisan agreement on a long-term bill to fix, maintain and expand the nation's roads, bridges, rails and mass transit.
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Computer Guys And Gal

Another year is coming to a close and the Computer Guys And Gal are here to discuss this year's biggest technology news, including the growth of virtual reality and the "Internet of Things."

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