U.S. jobless claims fall sharply in latest week

The number of U.S. workers filing new applications for jobless benefits tumbled last week, a government report showed on Thursday, reversing a recent spike that had raised concerns about renewed labor market

EU leaders reach deal to rescue Greece

European leaders have reached a deal to provide aid to Greece, EU president Herman Van Rompuy said on Thursday, in an unprecedented move to stave off a broader crisis in the 16-nation

EU’s Van Rompuy: euro zone to guard stability

The euro zone will take coordinated action if necessary to safeguard its financial stability, European Union President Herman Van Rompuy said on Thursday as EU leaders discussed how to help debt-laden Greece.