Wall Street Closes Modestly Higher Despite Weak Employment Data
11/6/2009, RTTNews , 4:53 PM ET
(RTTNews) – Stocks saw only slim moves to close out the week on Friday, as subdued reaction to monthly employment figures kept the major averages near the unchanged mark. The major averages were able to recover from a pullback at the opening bell and managed to close modestly higher. Despite [...]
Where the Jobs Will Be in 2010
By Prashant Gopal, BusinessWeek, Friday, November 6, 2009
Regions across the U.S. will see job growth in the first quarter of 2010. But the growth will be sporadic and many areas will continue to lag
The recession might be technically over, but unemployment is rising month after month even in most of the nation’s strongest job [...]
U.S. jobless rate surges to 10.2 percent
By Lucia Mutikani, Reuters Fri Nov 6, 2009 4:45pm EST.
WASHINGTON (Reuters) – The U.S. jobless rate unexpectedly jumped to 10.2 percent last month, a 26-1/2-year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.
The Labor Department said on Friday that employers cut 190,000 jobs [...]
Life is a highway, a Chinese highway
By Andrew Snyder,Today’s Financial News – Posted November 6, 2009
Obama just imposed another set of strong tariffs on imported Chinese goods. It is proof the situation is getting tense. Take advantage of the move and buy Chinese.
Baltimore – (TFN): Washington is getting serious about leveling trade with China. Call it a desperate tool to [...]
