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The number of Americans filing new claims for jobless benefits fell last week while the trade deficit in June was the smallest in 1-1/2 years, hopeful signs for the struggling economy.
The U.S. and South Korea have reached an agreement on a free trade deal to boost American exports and create tens of thousands of U.S. jobs in the largest trade pact in more than a decade.
Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears of a global trade war amid criticism that cheap Chinese exports are costing American jobs.