World-News

A surge in oil prices and rising demand for foreign cars and machinery helped push imports up at the fastest pace in 18 years in January. The January deficit increased 15.1 percent to $46.3 billion, the Commerce Department said Thursday.

http://finance.yahoo.com/news/January-trade-deficit-jumps-apf-846245900.html?x=0&.v=1



Jobless Claims in the U.S. Rose 26,000 Last Week to 397,000:

First-time claims for jobless benefits rose last week from an almost three-year low, highlighting the uneven nature of the improvement in the U.S. labor market.

http://bloom.bg/hLu6ok



Bank of America Admits Almost Half of its Mortgages Are Bad

Bank of America Corp. (BAC), the biggest U.S. lender by assets, is segregating almost half its 13.9 million mortgages into a 'bad' bank comprised of its riskiest and worst-performing 'legacy' loans.

http://bloom.bg/fzmK9L


From Information Clearing House



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=trade+deficit
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=mortgage
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=labor+market
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=jobless
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