Friday, October 2, 2009

Oct. 2: Stocks Sell Off After Bad Jobs Report

Stocks pared early losses, but still ended lower after a disappointing monthly jobs report brought fresh concerns that a recovery in the labor market may be a long way off.

Money Minute: Jobs, Eminem, Clean Technology

Unemployment is now at the highest level since June of 1983. Employers cut 263,000 jobs last month, pushing the jobless rate to 9.8 percent.

Your Money: Dividend Performance in 2009

For many investors dividend paying stocks are the old faithfuls they've come to rely on for income. But even some of those steady income generators have been forced to freeze or cut dividends in the past year.

Thursday, October 1, 2009

Oct. 1: Stocks Have Worst Day in Three Months

Stocks began the fourth quarter with a slide as pessimism about the economy gripped investors.

Money Minute: Comcast NBC Universal Talks

Sources say Comcast is talking about taking a stake in NBC Universal, car sales slump returns and an embattled bank CEO announces plans to step down.

Your Money: FDA to Improve Communication

The Food and Drug Administration is planning to improve its public announcements on food and drug safety, more than three years after federal advisers recommended major changes.

GM to Shut Down Saturn After Penske Walks Away

General Motors Co. says it's shutting down the Saturn brand after an agreement with Penske Automotive Group Inc. to acquire the unit fell apart.