Content Tagged As national_economy

3 years 3 months ago

Stock market down more than 500 points

(AP) - Dow closes down 520 points; S&P 500 and Nasdaq down more than 4 percent. Stocks are finishing the day with sharp declines, as investors turn their attention back to the weak economy. As for yesterday's late-afternoon surge that saw the market finish with solid gains, investors and...

4 years 8 months ago

New jobless claims last week: 469,000

New claims for jobless benefits fell last week in a sign that layoffs may be easing as the economy slowly recovers. The Labor Department said that initial claims for unemployment insurance fell by 29,000 to a seasonally adjusted 469,000. That nearly matches Wall Street analysts' estimates of 470,000. Still,...

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