New claims fell by 23,000 to 452,000 last week, but that's offset somewhat by the prior week's total being revised upward by 13,000. The numbers were a little better than expected, but still not enough to indicate a recovery gaining momentum.
No Foreclosure Problems
at Bank of America?
After a 16-day review of its foreclosures, Bank of America says it found no problems with any of them, and now it's ready to resume processing the paperwork. But that's a claim so unbelievable it doesn't pass the straight-face test. Here's why.
Continue Reading | CommentsMarket Update:
Stocks up modestly after early gains
Columns
Leading Economic Indicators Rise, but Not by Much
11:45 AM 10/21/10
Jobless Claims Fall as Recovery Sputters Along
9:47 AM 10/21/10
What's Behind the Drop in Mortgage Applications?
6:30 AM 10/21/10
Is Debt a New Form of Slavery?
1:00 PM 10/21/10
A new documentary raises an interesting question: is excessive debt a new kind of slavery? DailyFinance talks to CNN's Soledad O'Brien, who examines the issue in the context of a black church in New Jersey that is aiming to free its members from debt.
Corporate Charlatans: Seven Signs Your CEO Could Be Lying
10:00 AM 10/21/10
AT&T; Dials In a Strong Third Quarter for Sales
9:10 AM 10/21/10
UPS Profit Jumps 80%, Raises Full-Year Outlook
8:40 AM 10/21/10
McDonald's Tops Estimates on Strong Sales
8:20 AM 10/21/10
Face-Off on Stocks: Techs Hit New Highs. Should You Buy?
12:06 PM 10/20/10
Tech stocks have been on a tear recently with shares of Apple and Google up more than 25% since the beginning of September and IBM hitting an all-time high. But are these stocks -- even after their run-ups - still buys? Here are the bull and bear cases.
DailyFinance Wire
- Magic Johnson Sells Starbucks Shares
- Office Depot to Settle SEC Charges for $1 Million
- Microsoft's Windows 7: Fastest-Selling Operating System Ever?
- Amazon, Facebook Help Launch $250 Million Social-Media Fund
- AmEx 3Q Profit Jumps 71% on Higher Business Spending
- Amazon Earnings Rise 16% as Electronics Sales Surge
- Military Gets 'Don't Ask' Revived -- but For How Long?
- Goldman Sachs's Proprietary Traders Will Join KKR
- Honda Also Plans Safety Recall Over Brake Fluid Leaks
- Philly Fed Index Shows Weak Return to Manufacturing Growth
- Is Debt a New Form of Slavery?
- No Foreclosure Problems at Bank of America? Don't You Believe It
- Leading Economic Indicators Rise, but Point to Sluggish Growth
- Bailouts of Freddie, Fannie Could Cost Taxpayers $363 Billion
- Corporate Charlatans: Seven Signs Your CEO Could Be Lying
- Jobless Claims Fall Marginally as Recovery Sputters Along
- What Should Apple Do With All That Cash? Pay Dividends
- Daily Blogwatch: Heretical Thoughts on Gold Mining Stocks
- AT&T Earnings on Target as Subscribers Snap Up iPhone 4s
- Warren Buffett Looks to Make 70% for Bailing Out Goldman Sachs
- United, Continental See Earnings Jump on Demand for Travel
- UPS Earnings Beat Street Estimates, Boosts Outlook
- 'Penthouse' Founder Bob Guccione Dies at 79
- Jobless Claims Fall More Than Expected
- McDonald's Earnings Up 10% on Strong Global Growth
Newswire
- Toyota recalling 1.5 million cars as woes go on
- Stocks up modestly after early gains
- US shuns some big public works projects
- Tab for Fannie, Freddie could soar to $259B
- Amazon 3Q profit jumps 16 percent, but costs rise
- Office Depot paying $1M to settle SEC charges
- American Express 3rd-qtr profit leaps 71 percent
- Smoothies push McDonald's 3Q earnings higher

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