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Pound Declines Against Majors
Published July 10, 2009, 6:40 am, INO News
(RTTNews) - The UK's sterling lost further ground against its major opponents on Friday morning in New York. The pound thus dropped from its early morning 1-week high against the euro and Swiss franc.
Layoffs slowing but jobs still scarce
Published July 10, 2009, 6:25 am, The Nashua Telegraph
WASHINGTON – Even though new claims for jobless benefits fell more than expected last week, dipping below 600,000 for the first time since early January, the number of Americans seeking this safety net points to an economy that is still very weak. ... - By CHRISTOPHER S. RUGABER The Associated Press
CA-BUSINESS Summary
Published July 10, 2009, 6:24 am, The Globe and Mail
OTTAWA (Reuters) - Fewer Canadians lost their jobs in June than expected even as the unemployment rate hit an 11-year high, adding credence to the view that the economy is no longer in freefall and that the worst of the recession may be over.
New home starts in Sudbury declined in June
Published July 10, 2009, 6:17 am, The Sudbury Star
Normally, June is one of the busiest home-building months in the Nickel Capital. Not last month. According to figures released by the Canada Mortgage and Housing Corp.[...]
565K new jobless claims, lowest level since Jan.
Published July 10, 2009, 6:08 am, Jefferson City News Tribune
WASHINGTON (AP) -- The government says the number of newly laid-off workers filing initial claims for jobless benefits fell sharply last week, largely due to changes in the timing of auto industry layoffs.
Economic Report: Trade gap narrows unexpectedly in May
Published July 10, 2009, 5:58 am, Market Watch
The U.S. trade deficit narrowed by almost 10% in May as exports revived a bit due the slumping dollar and export demand from China.
Jobless claims drop by 52,000
Published July 10, 2009, 5:41 am, The Morning Call
The number of newly laid-off workers filing initial claims for jobless benefits last week fell to the lowest level since early January, largely because of changes in the timing of auto industry layoffs.
Wobbekind: Job losses to level off | © 2009 Longmont Times-Call
Published July 10, 2009, 5:08 am, The Longmont Times-Call
LONGMONT – Job losses in Colorado should level off for the rest of 2009, but it’s likely going to take until late in the year for that to happen.
CA-BUSINESS Summary
Published July 10, 2009, 4:54 am, The Globe and Mail
OTTAWA (Reuters) - Fewer Canadians lost their jobs in June than expected as hiring in services industries partially offset factory layoffs, but the unemployment rate rose to a new 11-year high as more people looked for work.
UPDATE:Italy May Indus Output Flat MM;Trend Seen Stabilizing
Published July 10, 2009, 4:48 am, The Forex Market
ROME (Dow Jones)--Italian industrial output data for May showed a better-than-expected flat reading on the month as consumer goods rose, prompting economists to say the trend in industrial production is stabilizing.
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