The Traderszone Network

The number of Americans filing new claims for jobless benefits rose last week for a third straight week, but the underlying trend continued to point to a solidly improving labor market. Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted 295,000 for the week ended April 18, the Labor Department said on Thursday. The claims data covered the period during which the government canvassed employers for April’s nonfarm payrolls report. Federal Reserve officials have said they would like to see further improvements in the labor market before raising interest rates.

LONDON/NEW YORK (Reuters) – U.S. and British regulators fined Deutsche Bank (DBKGn.DE) $2.5 billion (1.67 billion pounds) and its British subsidiary pleaded guilty to criminal wire fraud on Thursday as it became the eighth financial group to settle allegations of rigging interest rate benchmarks. The record penalty in a seven-year investigation that has shredded the banking industry’s reputation takes the total fines imposed on some of the world’s top financial institutions to more than $8.5 billion. U.S.

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Gold futures trade little changed a day after settling at the lowest level of the month.
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Citigroup warns that Greece could fall into a limbo — or “Grimbo” — if Athens fails at securing more money from its international lenders and the reform negotiations remain in a deadlock.
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The terrorist groups have lost power, and there’s been talk of a tie-up between the two, writes Scott Stewart.
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There are lots of possible jobs for seniors. Experience is an asset.

Kinder Morgan is planning on lots more smaller acquisitions. Find out why, and learn about an unexpected threat and why it won’t likely be making huge acquisitions anytime soon.