NEW YORK :A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor market remains solid while progress on tamping down inflation may be waning. The Labor Department said initial claims for state unemployment benefits dropped 4,000 to a seasonall

Shares retreated in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last month in inflation in the U.S. The dollar was trading near 156 Japanese yen, up from 155.49 yen, reflecting expectations that the dollar will gain against other currencies under the…

Shares have retreated in Asia after a lackluster finish on Wall Street following a report showing an uptick in inflation in the U.S. last month.