Companies in U.S. Cut More Jobs Than Forecast; Unemployment Rises to 9.8% U.S. job losses accelerated last month and the unemployment rate climbed to the highest level since 1983, stark reminders of how the worst financial crisis in a generation may undermine consumer spending and economic growth in the months ahead.
http://www.bloomberg.com/apps/news?pid=206...id=a9pGHoU62vaUStocks in U.S. Drop on Bigger-Than-Estimated Job Losses; GE, Chevron Fall U.S. stocks fell for a fourth day as a bigger-than-estimated loss of jobs spurred concern the highest unemployment rate in 26 years will stifle an economic recovery. Oil, copper and aluminum prices slid.
http://www.bloomberg.com/apps/news?pid=206...id=axtESrCjNjKoFactory Orders in U.S. Unexpectedly Drop 0.8%; Ex-Transport Increase 0.4% Orders placed with U.S. factories fell unexpectedly in August, restrained by long-lasting items such as commercial aircraft, construction machinery and electrical equipment.
http://www.bloomberg.com/apps/news?pid=206...id=aHoCIz1cbXzY