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Jobless claims fall for first time since April

Help Wanted

The number of Americans lining up for new jobless benefits fell last week for the first time since April, a hint that a slowdown in hiring last month may only be temporary.

 

US worker productivity fell 0.9 pct. annual rate

U.S. worker productivity fell by the largest amount in a year from January through March. The steeper drop in production than first estimated suggests companies could hire more in the coming months.

Senh: I'll take this as good news since it would mean more hires in the coming months.

 

Oil prices tumble; will gas prices follow?

Oil prices plunged as bleak reports on U.S. job growth and manufacturing heightened worries about a slowing global economy. Benchmark oil fell $3.49 to $83.04 per barrel Friday.

Senh: Hey, at least gas prices are going down, but so is the economy. But good news is good news.

 

Paralysed rats 'learn to walk'

Paralysed Rats Learned to Walk

Paralysed rats have been able to walk again when their spinal cords were bathed in chemicals and zapped with electricity, scientists have shown.

 

Waiter's $5,000 tip for $27 meal: 'Buy a nice car'

Greg Rubar

A waiter who recently lost his car got a pretty good tip from a couple who are regular customers: a $5,000 tip for their $27 lunch.

 

Cheaper gas spurs more travelers this Memorial Day

More Americans will hit the road this holiday weekend than a year ago. And they'll have a bit more money to spend thanks to lower gas prices....

 

U.S. banking industry posts highest quarterly profit since 2007

Chase

The U.S. banking industry posted a $35.3-billion profit in the first quarter of the year, its best performance since 2007, the Federal Deposit Insurance Corp. said Thursday.

 

After President Obama’s announcement, opposition to same-sex marriage hits record low

Public opinion continues to shift in favor of same-sex marriage, according to a new Washington Post-ABC News poll, which also finds initial signs that President Obama’s support for the idea may have changed a few minds.

 

Home resales rise, boding well for economy

Housing Market

Home resales rose in April to their highest annual rate in nearly two years and a falloff in foreclosures pushed prices higher, hopeful signs for the country's economic recovery.

 

Highway deaths plunging as cars become safer

If the numbers in a preliminary federal study hold true, U.S. highway deaths continued to plunge last year to the lowest level since the government began keeping records in 1921.

 

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