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Business News
Wall Street posts modest
gains as job losses slow
Associated Press NEW YORK - Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher. News that the nation's unemployment rate rose above 10 percent last month for the first time in 26 years didn't derail the stock market's strong gains in the week, which lifted major indexes more than 3 percent.
Full story >>
Productivity gains may be bad news for job seekers
Associated Press WASHINGTON - Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon. Employers became leaner and more efficient in the third quarter. Wages, meantime, remain flat or falling. The result is that productivity - output per hour of work - jumped at the fastest pace in six years.
Full story >>
Stocks surge on jobs data, Cisco forecast
Briefs
Despite dicey economy, county chamber grows
Fed to hold interest rates at record lows
Oct. sales promise some relief to stores
ISM's service sector index grows again in October
Stocks finish mixed after late-session slump
Stanley sees cost savings in offer for Black & Decker
Coal profits mask lack of U.S. economic activity
Rising commodities, dealmaking lift stocks
Associated Press NEW YORK - Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher. News that the nation's unemployment rate rose above 10 percent last month for the first time in 26 years didn't derail the stock market's strong gains in the week, which lifted major indexes more than 3 percent.
Full story >>
Productivity gains may be bad news for job seekers
Associated Press WASHINGTON - Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon. Employers became leaner and more efficient in the third quarter. Wages, meantime, remain flat or falling. The result is that productivity - output per hour of work - jumped at the fastest pace in six years.
Full story >>
Stocks surge on jobs data, Cisco forecast
Briefs
Despite dicey economy, county chamber grows
Fed to hold interest rates at record lows
Oct. sales promise some relief to stores
ISM's service sector index grows again in October
Stocks finish mixed after late-session slump
Stanley sees cost savings in offer for Black & Decker
Coal profits mask lack of U.S. economic activity
Rising commodities, dealmaking lift stocks
