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Jobless Claims Bounce Up From Earlier Weeks' Low Levels

After two straight weeks in which the figures tracked near their lowest levels in seven years, the number of first-time applications for jobless benefits rose more than expected last week.

The Employment and Training Administration says there were 329,000 such claims filed, up by 24,000 from the previous week's slightly revised figure.

Reuters says that even though the latest number was above expectations, "the rise probably does not suggest a shift in labor market conditions as the underlying trend continued to point to strength. ... The increase probably reflects difficulties adjusting the data for seasonal fluctuations given a late Easter this year and the timing of school spring breaks."

Bloomberg News makes much the same point: "The Easter holiday period made it more difficult to adjust the data for seasonal variations. ... Looking beyond the swings, firings have slowed, which probably means employers are gaining confidence the world's largest economy is strengthening."

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Video: UCLA Gymnast Sophina DeJesus Whips, Nae Naes, And Slays

The viral video of DeJesus's routine doesn't show an athlete dominating in a traditionally white sport despite her race. She's an athlete celebrating her identity in the sport she loves.
NPR

The Shocking Truth About America's Ethanol Law: It Doesn't Matter (For Now)

Ted Cruz doesn't like the law that requires the use of ethanol in gasoline. So what would happen if it was abolished? The surprising answer: not much, probably.
NPR

GOP Candidates Head To South Carolina After Trump Victory In New Hampshire

With the New Hampshire primary doing little to settle the GOP race, presidential candidates headed straight to South Carolina on Wednesday to start campaigning ahead of the state's primary in 10 days.
NPR

Twitter Tries A New Kind Of Timeline By Predicting What May Interest You

Twitter has struggled to attract new users. Its latest effort at rejuvenation is a new kind of timeline that predicts which older posts you might not want to miss and displays them on top.

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