House Republicans thwarted an expedited effort by Democrats to extend jobless benefits into next year. It cleared by 258-154 but failed to meet the two-thirds majority needed for "fast-track" passage. Two million Americans could soon lose their aid.
Stocks Vault as Ireland Fears Wane and GM Debuts
On Thursday, stocks clawed back nearly of the week's prior losses. Lifting investors' spirits were an easing of concerns over Irish debt, GM's massive IPO and some surprisingly positive economic reports.
International Update: Stocks Rise in Tokyo on Renewed Optimism
Columns
GOP Blocks Bill to Extend Jobless Benefits
4:05 PM 11/18/10
Philly Fed Index Hits a High
for This Year
2:09 PM 11/18/10
Manufacturing activity in the mid-Atlantic region unexpectedly surged in November. The Philly Fed's Business Outlook Survey index jumped to 22.5 in November from 1 in October, its highest reading since December 2009.
Qualified Good News From Initial Jobless Claims
9:29 AM 11/18/10
The latest weekly initial claims report showed a small increase, some 2,000 higher to 439,000. The more-telling four-week moving average dropped by 4,000 to 443,000, and continuing claims fell another 48,000 to 4.3 million.
Americans Brace for Thanksgiving Flights -- and Pat-Downs
3:15 PM 11/18/10
The growing controversy over invasive air-security measures like full-body scanning and pat downs, along with a shaky economy, could combine for more woes for both passengers and airlines, just in time for economically vital Thanksgiving holiday. Will fewer folks fly?
Members of Congress Scored Big During Market Downturn
5:00 PM 11/17/10
Despite a market meltdown, the men and women of Congress posted a 16% gain collectively between 2008 to 2009, according to a study by the Center for Responsive Politics. Another finding: virtually half of Congressional members are millionaires, including eight mega-millionaires.
The Highest-Grossing
Global IPOs of All Time
2:45 PM 11/17/10
When all is said and done, General Motors could easily vault to the top of the list, surpassing Visa's IPO as the biggest U.S. company offering, and beyond Agriculture Bank of China as the biggest ever in the world. Here's a look at the other top-grossing IPOs.
Street Smart: Do You Know What Deflation Is?
12:00 PM 11/17/10
While everyone hates inflation, deflation has instant emotional appeal: Who doesn't like a bargain? But deflation is a far more serious economic problem than inflation -- and, as we found, most folks don't really know why. Do you? If not, no worries: Economist Gary Shilling will explain the reasoning. [Video]
DailyFinance Wire
- GM's Chevrolet Volt Named 2011 Green Car of the Year
- Stocks Vault as Ireland Fears Wane and GM Debuts
- House GOP Blocks Democratic Bid to Extend Jobless Benefits
- Americans Are More Likely to Skip Health Care
- Americans Brace for Thanksgiving Flights -- and Pat-Downs
- Philly Fed Index Jumps to Highest Level in 2010 as Manufacturing Surges
- Two More Arrested in Madoff Ponzi Scheme
- Former Car Czar Steve Rattner to Pay SEC $6.2 Million for 'Pay-to-Play' Scheme
- Rise in Leading Economic Indicators Suggests Growth in the Spring
- Verizon Mulls Charging Extra for Faster Wireless Data Speeds
- Meet New Jersey Governor Chris Christie, the Brand
- 'Trading Realities': A Sensible Look at Todays Chaotic Investment Landscape
- The New Bank Stress Tests Show Just How Serious the Mortgage Mess Is
- Daily Blogwatch: In Defense of Quantitative Easing
- Twitter Co-Founder: Site Has 'a Lot of Money in the Bank'
- GM Shares Climb Higher on First Day of Trading
- Weekly Jobless Claims Inch Up, but Continuing Claims Fall
- Citi May Have to Refile Thousands of Forelcosure Affidavits
- Was Washington Right to Bail Out GM and Wall Street with TARP?
- Cablevision May Spin Off Rainbow Unit
- Jobless Claims Rise Slightly
- 'Harry Potter' Movie Clip Leaked Online
- Sears Earnings: Loss Widens as Sales Decline
- Glencore International Considering $10 Billion IPO
- Limited Brands to Pay Special Dividend of $3 a Share
Newswire
- General Motors shares jump on Wall Street return
- Airports consider congressman's call to ditch TSA
- Dell 3Q net income more than doubles
- Stocks jump on strong manufacturing, Ireland news
- Airlines: Rolls modified engine before blowout
- Jobless benefits to expire as Congress debates tax
- Drama in the cockpit: Qantas crew faced 54 alarms
- Former car czar settles with SEC, fights AG
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