China's central bank says it will cut its reserve requirements for banks to help spur more lending and boost the economy
China’s central bank says it will cut its reserve requirements for banks to help spur more lending and boost the economy
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US applications for jobless benefits rise, but layoffs remain at historically low levels
More Americans filed jobless benefits last week but layoffs remain at historically low levels despite elevated interest rates and a flurry of job cuts in the media and technology sectors. Applications for unemployment benefits rose to 214,000 for the week ending Jan. 20, an increase of 25,000 from the previous week, the Labor Department reported…