Weekly applications rose 9,000 to a seasonally adjusted 257,000.
Findlay oil refiner has $1M profit, down from $891M.
WASHINGTON — The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate increase may occur. In a statement after its policy meeting,
Index dropped to 94.2 after rising to 96.1 in March.
Strength came from a jump in demand for military equipment, a volatile category.
Global economy is struggling and U.S. inflation remains below target rate.
President mounts defense of deals while in Germany.
President opens two-day visit to Germany, hoping to counter skepticism about pact.
Suggestionl by German conservative party called unrealistic.
Obama to lobby for passage of Trans Atlantic pact.