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In Business News

Jobless claims fall to lowest level since mid-May
Jobless claims stay low in latest week
Consumer credit growth soars in December
U.S. productivity slows down in fourth quarter while unit labor costs accelerate
Beyond to buy rights to Buy Buy Baby brand and reunite it with Bed Bath & Beyond

Elon Musk in a post on X says some of his Trump posts ‘went too far’ and that he regrets them
Bank of England decision on Thursday will be at 12:02 p.m. local time instead of 12 p.m., due to VE Day’s two minutes of silence
Dollar jumps 0.5% to 0.8890 francs
Swiss National Bank cuts interest rates by a half point to 0.5%
Germany flash services PMI falls to 9-month low of 49.4

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