US economy is improving, complicating planned stimulus plans


New claims filed for unemployment benefits have fallen for two straight weeks, while January payrolls are forecast to rebound from a December swoon in data out on Friday.

WASHINGTON: The United States economy is showing some scattered signs of picking up from an end-of-year slowdown, muddying president Joe Biden’s efforts to win congressional passage of a US$1.9 trillion stimulus package.

New claims filed for unemployment benefits have fallen for two straight weeks, while January payrolls are forecast to rebound from a December swoon in data out on Friday.

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