December 31, 2025
United States:
US Jobless Claims Fall to 199,000 During Christmas Week
Applications for US unemployment benefits fell last week to one of the lowest levels this year, accentuating volatility in the data during the holiday season.
Initial claims decreased by 16,000 to 199,000 in the week ended Dec. 27, according to Labor Department data released Wednesday.
Europe:
European Stocks Close Best Year Since 2021 Near Record Highs
French and UK shares slipped in thin trading, while the European benchmark wrapped up the year near an all-time peak.
France’s CAC 40 fell 0.2%, while the FTSE 100 was down about 0.1% after trading for half a session. The UK benchmark rallied 22% in 2025, its best year since 2009.
Asia:
Xi Declares China’s Economy Set to Hit 5% Growth Goal in 2025
President Xi Jinping declared China’s economy is set to hit its growth target in 2025, after what he called an “extraordinary year.”
China’s gross domestic product is expected to expand by around 5% this year, Xi told an annual gathering held by the country’s top political advisory body, according to the official Xinhua News Agency.
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