It’s an Obama Nation.
New claims for US unemployment insurance benefits headed higher last week after the previous week’s drop, underscoring the continued frailty of the US jobs market, data showed Thursday.
As markets awaited a decision by the Federal Reserve to aid the weak economy, the Labor Department said that initial jobless claims rose to 382,000 for the period to September 8 from the previous week’s 367,000. READ MORE
Also in the news today, Gasoline Prices More Than Double Under Obama: $1.84 To $3.85.