If the old market saw about the trend being your friend is true, the recent improvement in several labor barometers adds ammunition to the optimists' argument about an imminent and long-awaited breakthrough in the labor market... »read more
President Barack Obama has summoned the heads of U.S. intelligence agencies for a meeting on Tuesday to discuss ways of preventing a repeat of the attempted bombing of a Detroit-bound airliner on Dec. 25... »read more
An industry association revised downward its December reading on expansion in business activity in the U.S. Midwest on Thursday and said employment in the region failed to enter growth territory as it originally reported... »read more
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U.S. stocks finished down for the week but up for the year with the S&P and the Dow closing a wildly volatile year up 23% and 19% respectively. The NASDAQ Composite managed a gain of 44% for the year.
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