Jobless claims tumble to lowest in 4 years

http://economywatch.msnbc.msn.com/_news/2012/04/05/11034422-jobless-claims-tumble-to-lowest-in-4-years?lite New claims for unemployment benefits tumbled to their lowest since 2008, government data showed Thursday. The Labor Department reported that seasonally-adjusted claims dropped 6,000 to 357,000 in the week ended March 31.
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HEADLINES
No need for further rate hikes, should start reducing asset holdings soon: Fed’s Bullard
U.S. new home sales up 2.9% in May, median sales price hits all-time high
U.S. auto industry downturn already here for thousands of auto workers
U.S. jobless claims rise, slightly but labor market remains tight
U.S. current account deficit expands 2.5% of GDP in the first quarter
U.S. home resales increases 1.1% vs. 0.5% expectation
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