Jobless data sends stocks reeling; Dow loses 223
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AP
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24 minutes ago The stock market found little to celebrate heading into the long holiday weekend. Major stock indexes fell more than 2.6 percent Thursday, pushing the Dow Jones industrials to their lowest level in six weeks, after the government said the unemployment rate hit a 26-year high and employers cut far more jobs than expected.
Feds intervene in suit over $3B computer contract
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AP
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36 minutes ago The U.S. Justice Department has intervened in a so-called "whistleblower" lawsuit that accuses several companies and former government employees of rigging a winning bid on a $3.2 billion computer contract at Stennis Space Center in Mississippi.
Treasurys move higher on disappointing jobs report
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AP
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44 minutes ago Treasury prices moved higher Wednesday as investors sought safety in the wake of a discouraging labor market report. The rise in prices pushed yields lower, which is good news for consumers.
Treasurys move higher on disappointing jobs report
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AP
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44 minutes ago Treasury prices moved higher Wednesday as investors sought safety in the wake of a discouraging labor market report. The rise in prices pushed yields lower, which is good news for consumers.
California, running short on cash, issues IOUs
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CNNMoney.com
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55 minutes ago Here come the California IOUs.
Bleak payrolls report mauls Wall St; volume thin
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Reuters
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1 hour, 14 minutes ago Stocks tumbled on Thursday, driving the S&P 500 down to its third-straight weekly loss, as a steeper-than-expected slide in June non-farm payrolls revived caution about economic recovery prospects.
Bleak payrolls report mauls Wall St; volume thin
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Reuters
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1 hour, 14 minutes ago Stocks tumbled on Thursday, driving the S&P 500 down to its third-straight weekly loss, as a steeper-than-expected slide in June non-farm payrolls revived caution about economic recovery prospects.
U.S. job losses spike in June, dampen recovery hopes
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Reuters
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1 hour, 29 minutes ago U.S. employers cut far more jobs than expected last month and the unemployment rate hit 9.5 percent, the highest in nearly 26 years, underscoring the likelihood of a long, slow recovery from recession.
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