Tagged: Economy

There were 351,000 first-time claims for unemployment insurance last week, unchanged from the four-year-low level of the week before, the Employment and Training Administration just reported.

It adds that "the 4-week moving average was 359,000, a decrease of 7,000 from the previous week's revised average of 366,000."

There were 4.3 percent more existing homes sold in January than in December, and the 4.57 million annual rate was the highest since May 2010, the National Association of Realtors reports.

Sales have gone up three of the past four months.

The Obama administration is today going to propose a cut in the corporate tax rate from 35 percent to 28 percent, according to multiple reports. NPR's Scott Horsley notes that the president also wants to scale back some deductions that businesses now get. So, the overall effect of any such changes could be "revenue neutral" and keep corporations' share of the nation's tax burden unchanged, Scott says.

Part of an ongoing series

Zumba is a fitness craze; a high-energy dance and exercise program. You can find it in high-end gyms and even the community center in Hazelwood, Mo., where Casaundra Bronner, 40, lives.