NYTimes.com reports that initial jobless claims hit a 16-year high.
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WASHINGTON -- With the number of new claims for U.S. jobless benefits hitting a 16-year high, some economists warn of further layoffs in the months ahead.
The Canadian Press - WASHINGTON - With the number of new claims for U.S. jobless benefits hitting a 16-year high, some economists warn of further waves of layoffs in the months ahead.
CEP News - (CEP News) - Fed funds futures remain fully priced in for a minimum 25 bps rate cut by the year-end FOMC meeting scheduled for Dec.16.
CEP News - (CEP News) - Equity markets opened 2% lower after falling to five-year lows yesterday. Futures...
CEP News - (CEP News) - Initial claims for unemployment benefits in the United States rose far above consensus expectations for 505k claims to the highest level since 1992 at 542k, the...
Fresh worries about widening unemployment added to investors' list of concerns about the economy Thursday. The major indexes declined in volatile trading, extending losses from Wednesday's steep...
NEW YORK -- Fresh worries about widening unemployment added to investors' list of concerns about the economy today and extended Wall Street's sell-off to a second day. The major indexes each fell...
AFP - WASHINGTON (AFP) - US unemployment claims surged to a 16-year high, government data showed Thursday, adding to growing alarm as companies worldwide shed workers in the global economic...
AFP - PARIS (AFP) - European stocks markets plunged in afternoon trading on Thursday with London down 4.52 percent as recession fears deepened on new data showing a surge in US jobless claims.