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Fla. unemployment climbs to 11.2 percent in Oct.

Fla. unemployment climbs to 11.2 percent in Oct.

TALLAHASSEE, Fla. -- Florida's unemployment rate continued its steady upward climb in October to 11.2 percent -- last seen in the 1970s -- a tenth of a percentage point higher than September's adjusted rate, state officials said Friday. [Full Story]

  • Stocks decline in early trading as dollar rises

    Stocks decline in early trading as dollar rises

    NEW YORK -- Stocks fell in early morning trading Friday as the dollar continued to strengthen, and after a week of mixed economic reports.


  • New jobless benefit claims unchanged at 505K

    New jobless benefit claims unchanged at 505K

    WASHINGTON -- The number of newly laid-off workers seeking unemployment insurance was unchanged last week, remaining above the level that would indicate the economy is adding jobs.


  • AOL offers buyouts to over a third of work force

    AOL offers buyouts to over a third of work force

    SAN FRANCISCO -- The struggling Internet company AOL plans to shed up to 2,500 jobs -- more than a third of its work force -- as it prepares to separate from Time Warner and finally sever their ill-fated marriage.


  • Stocks futures indicate lower opening

    Stocks futures indicate lower opening

    NEW YORK -- Stock futures are pointing toward a lower opening Thursday following the lead of overseas markets and ahead of a weekly report on unemployment.


  • Ford, Subaru, VW win insurance industry picks

    Ford, Subaru, VW win insurance industry picks

    WASHINGTON -- Ford, Subaru and Volkswagen lead the insurance industry's annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure safety-conscious consumers to showrooms.


  • Consumer prices up 0.3 percent in October

    Consumer prices up 0.3 percent in October

    WASHINGTON -- Consumer prices edged up faster than expected in October, driven higher by another increase in energy prices and the biggest jump in new car prices in 28 years.


  • Home construction plunges 10.6 percent in October

    Home construction plunges 10.6 percent in October

    WASHINGTON -- Construction of new homes plunged last month as builders waited to see whether lawmakers would extend a tax credit for homebuyers.


  • California faces $20B deficits for years to come

    California faces $20B deficits for years to come

    SACRAMENTO, Calif. -- Despite multiple attempts to balance California's budget, the state can still expect to confront shortfalls approaching $20 billion during each of the next five years, according to a long-range forecast released Wednesday.


  • Stock futures point to mixed opening

    Stock futures point to mixed opening

    NEW YORK -- Stock futures are falling modestly, pointing to a mixed opening after a new report showed housing starts dropped unexpectedly in October.


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