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- Hiring sign is displayed outside of a retail store in Vernon Hills, Ill., on Nov. 13, 2021. Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment at historically low levels. Applications for unemployment benefits fell by 11,000 to 200,000 for the week ending May 28, the Labor Department reported Thursday, June 2, 2022. First-time applications generally track the number of layoffs. (AP Photo/Nam Y. Huh, File)
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Fewer Americans apply for unemployment benefits last week
By MATT OTT - AP Business Writer
Thu,06/02/22-7:44AM , 397 Reads
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment at historically low levels.
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- A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Friday, June 3, 2022. Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. (AP Photo/Lee Jin-man)
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Asian shares rise, China trading closed for national holiday
By YURI KAGEYAMA - AP Business Writer
Thu,06/02/22-1:54AM , 575 Reads
TOKYO (AP) — Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China.

Trading was closed in China for the Dragon Boat Festival, a national holiday. Benchmarks in the rest of the region edged higher, cheered by a rally overnight on Wall Street.
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- In this photo released by Saudi Royal Palace, Saudi Crown Prince Mohammed bin Salman, speaks during the Gulf Cooperation Council (GCC) Summit in Riyadh, Saudi Arabia, Tuesday, Dec. 14, 2021. Strategic U.S. interests in oil and security are pushing President Joe Biden toward meeting with Saudi Crown Prince Mohammed bin Salman during an overseas trip later this month. (Bandar Aljaloud/Saudi Royal Palace via AP, File)
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As gas prices soar, Biden leans toward visiting Saudi Arabia
By AAMER MADHANI AND ELLEN KNICKMEYER - Associated Press
Wed,06/01/22-5:51PM , 152 Reads
WASHINGTON (AP) — President Joe Biden is leaning towards making a visit to Saudi Arabia — a trip that would likely bring him face-to-face with the Saudi crown prince he once shunned as a killer.
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- Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, June 2, 2022. Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases in parts of the region. (AP Photo/Ahn Young-joon)
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Asia shares slide across board amid rate hike, COVID worries
By YURI KAGEYAMA - AP Business Writer
Wed,06/01/22-1:17AM , 456 Reads
TOKYO (AP) — Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases in parts of the region.

Benchmarks fell in Tokyo, Shanghai, Hong Kong, Seoul and Sydney. Oil prices fell by more than $2 a barrel.
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