WSJ:
The U.S. economy expanded in the third quarter for the first time in more than a year thanks to a bounce back in consumer spending, but a weak labor market is expected to keep the recovery subdued.
Gross domestic product rose by a higher-than-expected seasonally adjusted 3.5% annual rate July through September, the Commerce Department said Thursday in its first estimate of third-quarter GDP.
MW:
The number of people filing for state unemployment benefits for the first time fell 1,000 to a seasonally adjusted 530,000 last week, the Labor Department reported Thursday.
