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WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and reinforcing expectations that the Federal Reserve would not cut interest rates next week. The report from the Labor Department on Thursday showed jobless rolls swelling to the highest level in just over three years in early January. "The labor market is historically tight but some sectors are slowing the pace of hirings," said Jeffrey Roach, chief economist at LPL Financial.

(Bloomberg) -- Persistently high US bond yields will force private investors to turn their backs on emerging markets desperately in need of financing to fight global warming.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersBillionaire Developer Caruso Slams LA Leadership Over WildfiresHoboken PATH Station Will Close for Almost a Month on Jan. 30Th

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The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States was one of the biggest risks to financial markets this year. President Donald Trump has vowed to hit European, Chinese, Canadian and Mexican companies with tariffs, which would likely trigger retaliatory action on U.S. ones. Trump is also rolling back regulation, such as on oil and gas drilling, which is expected to increase economic activity.

TOKYO/LONDON (Reuters) -The dollar traded in narrow ranges against major peers on Thursday as it struggled for direction in the absence of concrete announcements on tariffs from U.S. President Donald Trump. A spate of central bank policy decisions could move currencies over the next week, with the Bank of Japan widely expected to raise interest rates at the end of a two-day meeting on Friday. Rate decisions from the U.S. Federal Reserve and European Central Bank are scheduled for Wednesday and Thursday of next week, respectively.

Google's Android and Apple's iOS are facing fresh scrutiny from Britain's competition watchdog, which announced investigations Thursday targeting the two tech giants' mobile phone ecosystems under new powers to crack down on digital market abuses. The Competition and Markets Authority said it launched separate investigations to determine whether the mobile ecosystems controlled by Apple and Google should be given “strategic market status” that would mandate changes in the companies' practices.

Boat and marine products retailer MarineMax (NYSE:HZO) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 11.2% year on year to $468.5 million. Its non-GAAP profit of $0.17 per share was significantly above analysts’ consensus estimates.

Global airline American Airlines (NASDAQ:AAL) announced better-than-expected revenue in Q4 CY2024, with sales up 4.6% year on year to $13.66 billion. Its non-GAAP profit of $0.86 per share was 30.1% above analysts’ consensus estimates.

Commercial lighting and retail display solutions provider LSI (NASDAQ:LYTS) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 35.5% year on year to $147.7 million. Its non-GAAP profit of $0.26 per share was 30% above analysts’ consensus estimates.

Electronic Arts shares are tumbling in premarket trading Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.