Worsening Economy Drowned by Earnings
Apr 24th, 2009 | By RobThe 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
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