Unemployment aid applications fall to nine week low
US unemployment benefit claims dropped 26 000 to 359 000 for the week, the four week average down to 374 000. Economists see modest job gains ahead while hiring remains limited and growth forecasts soften amid drought impact and muted payroll gains.
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Goldman Sachs settles SEC charges over pay-to-play case
Goldman Sachs agreed to pay about 11.95 million to resolve SEC civil charges that an executive did campaign work for Massachusetts official Timothy Cahill using firm resources to win bond business. Morrison campaigned from the Goldman Sachs office between 2008 and 2010. the firm earned 7.5 million in underwriting fees.
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Gates calls Windows 8 a very exciting big deal
In an AP interview Bill Gates previews Windows 8 due October 26 with Internet Explorer, calling it a major overhaul and a big deal for Microsoft. He notes strong hardware partner support and that the system runs on PCs tablets and smartphones as Microsoft aims to stay relevant amid mobile competition.
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NaS sales figures and open interest note
The data lists estimations and figures for sales and open interest on a Wednesday. It shows Est, sales 3221 with 85.30 as a value, and another entry Est. sales 7449 with 46,005 sales and 221498 open interest, noting a change of -4131.
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