WASHINGTON (AP) — The number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week, while continuing claims fell sharply. The Labor Department says new claims increased to a seasonally adjusted 558,000, from 554,000 the previous week. Analyst…
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Stocks rise on reports CIT close to rescue – Wall Street
Posted on: July 21st 2009 in Press Releases.
NEW YORK (AP) — The stock market is extending a big rally from last week on more upbeat earnings and word that troubled lender CIT will avoid bankruptcy. Both the Dow Jones industrials and the Standard & Poor’s 500 index edged above their recent highs from mid-June on Mo…
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