Jobless claims in the US fell 10,000 to a seasonally adjusted 278,000, according to the Labor Deaprtment. The four-week average for jobless claims declined 2,250 to 279,000, the lowest level in more than 14 years.

Aereo Inc. says it's firing employees in Boston and New York to help preserve resources, four months after the online TV-streaming service was dealt what may be a fatal blow by the U.S.

Productivity, or the amount of output per hour of work, increased at a 2.0 percent annual rate during the third quarter of 2014 as output increased 4.4 percent and hours worked increased 2.3 percent, the U.S.

Fannie Mae and Freddie Mac reported sharply lower profits but still earned enough for a combined $6.8 billion payment to the U.S. Treasury, as the mortgage-finance companies also cited the potential for a thaw in home-loan access.

An estimated 24.6 million travelers will take to the skies on U.S. airlines over the Thanksgiving holiday travel period, according to an airline trade group.