Posts Tagged ‘ stocks ’

Worsening Economy Drowned by Earnings

Apr 24th, 2009 | By Rob

The Jobless Claims and Existing Home Sales data released Thursday morning affirmed bearish calls for the U.S. economy to worsen. New jobless claims jumped to 640,000 for the week ending 4/18 while continuing claims rose again, this time by 93,000, setting the tally at 6,137,000 unemployed. Existing home sales fell to a rate 4,570,000 homes
[continue reading...]