The Economic Times

US jobless claims fall last week as layoffs remain low despite global economic uncertainty

Jobless claims in the U.S. have decreased, staying within recent years' levels. This comes as the Iran conflict creates global economic worries. Despite this, U.S. markets have recovered and oil prices have stabilized. Consumer prices, however, have seen a significant monthly jump, impacting businesses and individuals. The Federal Reserve's stance on interest rates remains unchanged due to inflation concerns.