Reuters - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
Reuters - President Barack Obama's job approval rating has dropped below 50 percent in a second major poll in an indication he is suffering from the long healthcare debate and weakness in the economy, Gallup said on Friday.
AP - Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults.
Reuters - The Senate Banking Committee said on Friday it will hold a hearing on Federal Reserve Chairman Ben Bernanke's renomination to a second term on December 3, putting the central bank chief under scrutiny at a time when the Fed is facing intense criticism in Congress.
AP - Florida's unemployment rate continued its steady upward climb in October to 11.2 percent — a mark last seen in the 1970s and a tenth of a percentage point higher than September's adjusted rate, state officials said Friday.
AP - First-time claims for jobless benefits in Louisiana fell last week after a spike attributed to a temporary layoff in the transportation equipment industry.
AP - Just two years after hitting a record low, the unemployment rate in Alabama climbed to 10.9 percent in October, the highest it has been in more than 25 years, state officials announced Friday.
AP - The safe-haven dollar further strengthened Friday and Treasury yields hovered around their lows for the year as worries about the economy in 2010 diminished traders' appetites for risky bets.
Reuters - U.S. motorists drove more miles for the fourth month in a row, which could indicate that both the economy and demand for gasoline are starting to recover, analysts said.
AP - A shrinking labor force and about 1,000 new jobs have helped put Colorado's latest seasonally adjusted unemployment rate for October at 6.9 percent, a slight decrease from the previous month, the state Department of Labor and Employment said Friday.
AP - Indiana's unemployment rate was almost unchanged from September to October, but officials said it's too early to tell whether the stability marks a long-awaited awaited rebound in employment.
AP - In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment.
AP - Nevada's unemployment rate dipped in October, but economists cautioned Friday that while the figures are encouraging, they're more a reflection of a shrinking job market than job creation.
AP - Federal Reserve Chairman Ben Bernanke's nomination to a second term will be the subject of a Senate Banking Committee hearing next month, the panel's chairman said Friday.
Reuters - The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted.
AP - Business appears to be slowly improving in rural areas of 11 Midwest and Plains states, but the economy there remains weak, according to a new survey of bankers.
AP - Refineries from New Mexico to New Jersey are under severe economic pressure because of falling demand for fuel, with a number of facilities shutting down in recent months.