Big Jump in Jobless Claims, Inflation Rise, Manufacturing Gets Weaker

By: CNBC.com Applications for unemployment benefits continued to rise in the past week, while inflation pushed higher and a key manufacturing index weakened. The weekly jobless claims number, which is closely watched as an indicator for employment trends, unexpectedly rose 11,000 to 428,000, well ahead of estimates of 411,000. The consumer price index, meanwhile, gained [...]