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Initial Jobless Claims Rise 4K to 371K

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  • Description

    FBN’s Diane Macedo on the rise in initial jobless claims in the week ending January 5th.

  • Duration 1:44
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I released some breaking news for you now the Labor Department says 371000.

People filed first time jobless benefits last week.

That tops the estimate for 365000.

And that number's.

Actually higher.

Then last -- by 4000.

Which was revised lower to 367000.

The original number there.

Was 372000.

Let's take a look at how markets are reacting and this year in the US we've been looking at green arrows across the board all morning Dow futures now up 3380 S and -- up.

-- six in the nasdaq's up by about sixteen meanwhile investigators are reportedly looking into a more than 650 million dollar profit.

Deutsche Bank made on trades tied to Libor and other global benchmark rates.

Regulators have been investigating allegations that more than a dozen banks including Deutsche Bank.

Manipulated those rates the Wall Street Journal says a former Deutsche Bank employee.

Gave investigators internal documents showing those profits and said some employees expressed concerns about the risky trades that were made in 2008.

But bank officials dismissed those worries because the bank could influence the rates but Deutsche Bank spokesman calls the allegations categorically false.

Keep in mind Barclays in UBS have already reached settlements totaling nearly two billion dollars in similar cases.

Labour secretary Hilda solely -- is leaving the Obama administration so Lisa longtime member of the president's cabinet and the first Latina to -- a major federal agency.

Submitted her resignation to the president yesterday she says she made the decision to leave after discussing it with her family and close friends.

Unions have prayed so lease for aggressive enforcement of wage laws and job safety regulations.

But business groups have criticized her for not taking a more cooperative.

Approach as sick a quick look at commodities oil and gold are still up --

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