Stocks Make Modest Gains Ahead Of Government Jobs Report
(New York, NY) -- The major stock indexes made modest gains Thursday ahead of Friday's government jobs report for August. A report on July's unexpected rise in pending home sales and better-than-expected August retail sales helped push the market higher...Read More
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White House: No New Stimulus Expected
(Washington, DC) -- White House spokesman Robert Gibbs says a new economic stimulus package is "not in the offing." Gibbs said the White House will propose a number of steps to boost the sagging economy this fall ...Read More
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Labor Secretary Solis Unveils Website For Green Jobs Retraining
(Undated) -- Labor Secretary Hilda Solis won't be taking a day off on Monday. Instead, she'll be busy unveiling a new website to help jobless people find a way to adapt their skills to a green workforce ...Read & Hear More
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Bernanke Lays Out Main Causes Of Economic Crisis
(Washington, DC) -- The severity of the 2008 economic crisis is being pinned on banks too big to fail and huge losses from subprime mortgages. Federal Reserve Chairman Ben Bernanke talked to the Financial Crisis Inquiry Commission today in Washington ...Read & Hear More
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New Jobless Claims Decline For Second Straight Week
(Undated) -- New claims for unemployment benefits fell for the second straight week. The Labor Department reports there were 472-thousand initial claims in the week ending August 28th. That's a decrease of six-thousand from the previous week's revised figure of 478-thousand ...Read More
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Burger King To Be Sold For About $4-Billion
(Los Angeles, CA) -- In a deal worth a total of about four-billion-dollars, Burger King Holdings has agreed to be sold to investment firm 3G Capital. The sale is expected to close in the last three months of this year and amounts to 24-dollars per share ...Read More
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