Jobless claims edge up as indicators hold cautious hope
U S jobless claims rose by 2 000 to 439 000 for the week while the four week average slipped to 443 000 the lowest since 2008. Economists say further declines below 425 000 are needed for meaningful hiring gains. Leading indicators rose 0.5 percent in October and manufacturing showed strength in the Philadelphia region.
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Washington, D.C
Labor Department
Daniel Silver
Jpmorgan Chase
Conference Board
Treasury
Philadelphia
GM Shares Jump As Automaker Rejoins Wall Street
General Motors stock began trading on Wall Street again after bankruptcy and a $50 billion taxpayer rescue. The shares rose to about 36 dollars in early trading, then pulled back slightly, marking a rebirth of the iconic company on the NYSE trading floor.
MENTIONED IN THIS ARTICLE
Wall Street
New York
General Motors
Ethics chief counsel urges censure for Rep. Rangel
The House ethics committee chief counsel Blake Chisam recommends censuring veteran Rep. Charles Rangel for financial and fundraising misconduct amid a two year scandal. Rangel faces possible punishment short of expulsion as he defends himself at a public sanctions hearing.
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Washington, D.C
House Ethics Committee
Charles Rangel
Blake Chisam
New York
Chisam
House
Rangel
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