By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased10,000 to a seasonally adjusted 268,000 for the week ended June25, the Labor Department said on Thursday. The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, was unchanged at 266,750 last week.
By Kylie MacLellan and Elizabeth Piper LONDON (Reuters) - Former London mayor Boris Johnson, runaway bookmakers' favorite to become Britain's prime minister, abruptly pulled out of the race on Thursday in a shock announcement less than a week after leading the campaign to pull the country out of the EU. Johnson's announcement, to audible gasps from a roomful of journalists and supporters, was the biggest political surprise since Prime Minister David Cameron quit on Friday, the morning after losing the referendum on British membership in the bloc. Johnson's withdrawal makes Theresa May, the interior minister who backed remaining in the EU, the new favorite to succeed Cameron.