Weekly Jobless Claims Up

Posted On September 25, 2014

(Undated) -- First-time claims for unemployment benefits are up this morning. The 293-thousand total is 12-thousand more than last week's revised figure. The four-week moving average is down, however, to 298-thousand-500. That's a decrease of 12-hundred-50. The biggest jumps in claims are in California, Missouri, Oregon, New York and Florida. The steepest declines are in…

Weekly Jobless Claims Go Up

Posted On September 25, 2014

(Washington, DC) -- Requests for first time unemployment benefits are moving upward. The Labor Department says initial jobless claims last week rose by 12-thousand to reach 293-thousand. Analysts had expected the number of claims to hover around 295-thousand.

Apple iOS 8 Workaround Aimed At Dropped Cell Service

Posted On September 25, 2014

(Undated) -- Apple is releasing a workaround for iPhone 6 and iPhone 6 Plus users who report dropped calls and inability to use the fingerprint Touch ID after they downloaded the iOS 8.0.1 mobile operating system update. Apple says users should be sure they're using the latest version of iTunes before reinstalling iOS 8. Apple…

Report Blasts U.S. Treasury Over Bailout Pay Packages

Posted On September 25, 2014

(Washington, DC) -- A new government report blasts the U.S. Treasury Department for approving excessive executive pay packages at two major companies that got hefty bailouts during the financial crisis. The inspector general who prepared the report claims the Treasury basically gutted its own restrictions on how much executives at bailed out corporations could make.…

JPMorgan Top-Performing Investment Bank In 1st Half

Posted On September 25, 2014

(Undated) -- JPMorgan is number one among investment banks for the first half of this year. Figures released today show JPMorgan had eleven and-a-half billion dollars in revenue for the first six months of the year. That puts it ahead of Goldman Sachs and Deutsche Bank, which tied for second. Investment banking analysts say JPMorgan…