Bulls rule despite economic gloom
Dec 3 - Wall Street finished higher in another choppy session as investors overlooked recession jitters fueled by a worsening labor market.The Dow gained 172 points to 8,591. The S&P 500 rose 21 points to 870. The Nasdaq gained 42 points to 1,492.
Crude oil prices dipped to $46.69 a barrel.
Conway Gittens reports from New York.
Author: ReutersVideo
Keywords: US Market close Bulls Dow Nasdaq Reuters business_GF
Added: December 3, 2008
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about_wordsbank.mov
About WordsBank
Ofir Feldman
Work in progress since 2003
WordsBank is a cooperation that manages the world wide verbal economy.
Being a conceptual multimedial project, it tries to analyze thems such as the words we use, the possibility to see them as objects of consumption and the control that can be obtained by including the verbal language as an integral part of the economic system metaphorically and realistically.
Here are some links where you can find more information about the bank:
http://www.hobnox.com/index.1406.de.htmlcts[submission_id]=405&cts[order_by]=best_ranked&cts[round_id]=53
http://www.wordsbank.com
Author: andreinvent
Keywords: words bank communication street urban culture signs publicity language
Added: December 3, 2008
more
about_wordsbank.mov
WordsBank
Ofir Feldman
Project in progress since 2003
WordsBank is a cooperation that manages the world wide verbal economy.
Being a conceptual multimedial project, it tries to analyze thems such as the words we use, the possibility to see them as objects of consumption and the control that can be obtained by including the verbal language as an integral part of the economic system metaphorically and realistically.
The project can be viewed also in:
http://www.hobnox.com/index.1406.de.htmlcts[submission_id]=405&cts[order_by]=best_ranked&cts[round_id]=53
and in:
http://www.wordsbank.com
Author: andreinvent
Keywords: words bank communication punctuation silence
Added: December 3, 2008
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ADP: US private sector shed 250,000 jobs in November
http://EmploymentCrossing.com
According to a private payrolls report the US private sector lost 250,000 jobs in November alone, thats the largest decline in six years.
The ADP National Employment Report says the job loss again was lead by the goods producing sector, which posted its 24th consecutive monthly decline.
Nonfarm private employment dropped 250,000 from October to November exceeding analysts forecast of 200,000 job losses.
The ADP also revised the October job loss from 157,000 to 179,000, following Septembers decline of just 26,000.
The report says, the November jobs decline "offers evidence of a labor market that continues to weaken.
The Labor Department is set to issue its nonfarm payrolls report on Friday and analysts expect major job losses in November.
This year, the US economy has shed 1.2 million jobs, and president-elect Barack Obama warned millions more could be lost next year without urgent action. The Federal Reserve echoed those comments saying the jobless rate could climb to 7.6 percent in 2009 as the economy struggles with a recession amid global financial turmoil.
The Business Cycle Dating Committee of the National Bureau of Economic Research or NBER, said it had determined the world's largest economy has been in recession since December 2007.
Although a recession is generally defined as two consecutive quarters of declining activity, the panel has its own criteria for determining a downturn.
To find job openings near you, click here.
Author: employmentcrossing
Keywords: EmploymentCrossing ADP: US private sector shed 250 000 jobs in November Layoffs Job losses Labor Department NBER Economy Recession ADP National Employment Report
Added: December 3, 2008
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