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What is needed now is for Congress to extend jobless benefits for people who exhaust their initial 26 weeks of payments.
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The number of people signing up for unemployment benefits shot up last week to the highest level in more than two years.
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Wall Street finished moderately higher in fitful trading Thursday as investors, still nervous about the economy, decided to buy back into the market.
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As the economic slowdown continues, Congress should provide relief by extending unemployment benefits in the stimulus package.
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Wall Street was sharply higher as investors shrugged off concerns about problems in the bond insurance industry.
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The House deserves credit for passing a stimulus bill speedily, and the Senate does, too, for quickly improving on the effort.
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The optimal package would contain one fast-acting measure along with others that could lead to increased spending if the economy goes into a steep do
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The life insurance companies MetLife and Prudential Financial said on Wednesday that profits fell in the fourth quarter, hurt by investment losses an
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