UNEMPLOYMENT

Gold eases as Egypt rally loses steam

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Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary.
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Canada data revisions show less rosy jobs recovery

Canada's economy has not yet recovered all the jobs lost during the recession, according to data revisions that paint a slightly less upbeat picture of the jobs market than did the original estimates.
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Consumer spending, trade buoy U.S. economy in Q4

The U.S. economy gathered speed in the fourth quarter to regain its pre-recession peak with a big gain in consumer spending and strong exports, removing doubts about the recovery's sustainability.
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Consumer spending and trade buoy economy

The U.S. economy gathered speed in the fourth quarter to regain its pre-recession peak with a big gain in consumer spending and strong exports, removing doubts about the recovery's sustainability.
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Mixed data points to growth momentum

U.S. housing and factory data on Thursday showed the economy still gaining strength in December but at a pace unlikely to cause the Federal Reserve to rethink its stimulus program.

ElBaradei to return as Egypt unrest enters third day

Egyptian police fought protesters in two cities in eastern Egypt on Thursday and Nobel Peace Prize winner Mohamed ElBaradei headed back to the country to join demonstrators trying to oust President Hosni Mubarak.
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Jobless claims surge 51,000 last week

New U.S. claims for unemployment benefits rose more than expected last week as harsh weather conditions in some parts of the country kept workers at home and caused a backlog in the processing of claims, a government report showed on Thursday.

Libya creates $24 bln housing fund:newspaper

Libya has set up a $24-billion fund for investment and local development that will focus on providing housing for its rapidly growing population, the online Oea newspaper reported on Thursday.

Egypt unrest enters third day, ElBaradei to return

Egyptian police fought protesters in two cities in eastern Egypt on Thursday and Nobel Peace Prize winner Mohamed ElBaradei headed back to the country to join demonstrators trying to oust President Hosni Mubarak.
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DR Horton posts loss on foreclosures, joblessness

DR Horton Inc (DHI.N), the top U.S. homebuilder, reported a larger-than-expected quarterly loss, citing an increase in home foreclosures, and lingering anxiety among homebuyers that contributed to a sharp drop

US jobless claims surge 51,000 last week

New U.S. claims for unemployment benefits rose more than expected last week as harsh weather conditions in some parts of the country kept workers at home and caused a backlog in the processing

Fed cautious on recovery, focused on joblessness

The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has
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Snow boosts jobless claims, durable orders mixed

New U.S. claims for jobless benefits surged last week as snowstorms in some parts of the country kept workers at home, but the underlying trend pointed to an only gradual labor market improvement.

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