U.S. jobless claims fall by 5,000 to 305,000 MarketWatch
Last Update: 9/26/2013 8:30:00 AM
WASHINGTON (MarketWatch) - The number of new applications for unemployment benefits fell by 5,000 to 305,000 in the week ended Sept. 21, the Labor Department said Thursday. Economists polled by MarketWatch had expected claims to jump to 327,000 on a seasonally adjusted basis. A government official said Labor has been told by California that the state eliminated a backlog of claims that built up after computer-related processing delays. The delays caused the number of initial claims to fall below 300,000 in early September for the first time in more than six years. The average of new claims over the past month, a more reliable gauge than the volatile weekly number, dropped by 7,000 to 308,000. That's the lowest level since June 2007. Also, the government said continuing claims increased by 35,000 to a seasonally adjusted 2.82 million in the week ended Sept. 14. Continuing claims reflect the number of people already receiving benefits. Initial claims from two weeks ago, meanwhile, were revised up to 310,000 an original reading of 309,000, based on more complete data collected at the state level.
If all else fails, Obama will raise debt ceiling himself: analyst blogs.marketwatch.com
Last Update: 9/25/2013 12:48:00 PM
If Congress fails to raise the debt ceiling, President Barack Obama will do it himself, a Washington analyst suggested Tuesday.
Why the S&P; 500 is beating the Dow MarketWatch
Last Update: 9/26/2013 6:01:00 AM
The Dow Jones Industrial Average outperformed the Standard & Poor’s 500-stock index for much of this year so far, but now has lost its lead. And therein lies a tale, writes John Prestbo.
Invest in the markets Wall Street hates MarketWatch
Last Update: 9/26/2013 8:35:00 AM
Commentary: The investing herd’s infatuation with emerging markets has soured—and that could be a “buy” sign.
10 NFL teams with the most expensive tickets MarketWatch
Last Update: 9/26/2013 6:01:00 AM
Winning football teams attract more fans and drive up ticket prices. Teams that make this list, including the New England Patriots, the Green Bay Packers and the Baltimore Ravens, are playoff contenders nearly every year. Of the 10 most recent Super Bowl champions, only one is not on this list of teams with the most expensive tickets.
