NEW YORK: Wholesale prices jumped slightly in May, the government said Tuesday, but the increase was less than expected and the 5% annual rate of decline was the sharpest since 1949.

The number of Americans filing first time claims for unemployment benefits rose last week, while the total jobless rolls decreased, the government said Thursday. There were 558,000 initial jobless claims filed in the week ended Aug. 8, up 4,000 from an...