Morning business headlines
Thursday, July 18, 2013 11:13 AM
Unemployment stats consistent with 'moderate job growth'
A weekly federal government report said new unemployment applications were lower than predicted and at the lowest level in four months, Reuters reports. One economist told the news agency that the statistics are still consistent with moderate job growth
Gasoline prices up at pump again; what's fueling increases?
Gasoline prices rose a penny yesterday to a U.S. average of $3.66 a gallon, according to AAA's daily tracking. CNN Money reports that experts predict continuing increases, possibly to February's record price of $3.79. In Des Moines, regular gas was listed at $3.62 and diesel was at $3.68 today on GasBuddy.com, from $3.46 and $3.68, respectively, a week ago.
U.S. Senate considers student loan compromise
The U.S. Senate is expected to vote as early as today on a bipartisan compromise that would roll back interest rates on education loans for current college students, reports MSN Money. However, future students could see increases under the measure.