Wall Street Rebounds With Gains on Autos and GE

Stocks snapped back on Tuesday after a pledge by General Electric, a global bellwether, to leave its dividend intact in a fragile economy sparked optimism...

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Source: Reuters

U.S. Injects Further $800Bn to Kick-Start Lending

The Federal Reserve is to advance $600bn to the mortgage market, with a further $200bn aimed at the consumer debt market, in what one economist said was "as close as the Fed can get to lending money directly to consumers"...

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Source: Telegraph

U.S. Labor Market: Jobless Claims Jump to 16 Year High

First-time filings for unemployment benefits shot up to their highest level since July 1992 last week, rising 27,000 to a seasonally adjusted 542,000 and punctuating the struggling state of the U.S. labor market, government data showed Thursday...

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Source: MarketWatch