Tag Archives: us

Jobless claims flattens

The number of people filing for their first week of unemployment benefits was unchanged last week, following three straight weeks of increases, the government said Thursday. The Labor Department said 374,000 people filed first-time jobless claims in the week ended Aug. … Continue reading

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New home sales exceed expectations

On Friday, new home sales exceed projections in the latest government report, this is a sign that the beleaguered housing market is starting to recover.   The Census Bureau reported that the pace of new homes sold in January was 321,000  which … Continue reading

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5 U.S. banks face possible downgrade

The rating agency Moody’s has put 17 global instutions (5 in America) and 114 European banking institutions under review for a possible downgrade.  The five U.S. banks are Bank of America, Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan Chase.  … Continue reading

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