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Saturday, January 06, 2007

Job alert - - Weak stocks on strong jobs


Weak stocks on strong jobs
CNN Money - Jan 05 7:54 AM
Technology led a broader stock market selloff Friday as investors bet that a strong December jobs report means the Federal Reserve is unlikely to cut interest rates as soon as has been hoped.Save

Bush Plan for Iraq Requests More Troops and More Jobs
New York Times - Jan 06 11:07 AM
President Bush?s plan could add as many as 20,000 American combat troops, supplemented with a jobs program costing as much as $1 billion, officials said.Save

FOREX-Jobs data extends dollar rally to third day
Reuters via Yahoo! Asia News - Jan 05 10:46 AM
NEW YORK, Jan 5 (Reuters) - The dollar rallied for a third day on Friday after a surprisingly strong report on U.S. jobs growth in December led investors to scale back expectations for a Federal Reserve interest rates cut in the next six months.Save

Treasuries Decline Most in Month After Unexpected Jobs Growth
Bloomberg.com - Jan 05 8:24 AM
Jan. 5 (Bloomberg) -- Treasury benchmark 10-year notes fell the most in about a month after the U.S. added more jobs in December than economists forecast and incomes increased by the largest amount in eight months.Save

Whirlpool to Close Tenn. Plant, Cut Jobs
AP via Yahoo! Finance - Jan 05 9:20 AM
Whirlpool Corp. is closing its cooking products factory in Cleveland, eliminating 370 jobs, the company announced Friday.Save

Officials get big bucks for new jobs
The Monterey County Herald - Jan 06 3:08 AM
Three former Democratic state lawmakers landed new jobs on state boards and commissions Friday, two of them full-time posts paying more than $100,000 a year through 2010.Save

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