Initial Jobless Claims rose to 402,000 in the latest week, still well above the 350,000 recessionary threshold. The national manufacturing ISM came in at 52.7 in November with Construction

The minutes from the last FOMC meeting stated that the Federal Reserve’s monetary policy alone would not turn the economy around. The Dow Jones Industrial Average surged to 11,552.76 on

Stocks opened lower today as concern rose over whether the European Union and International Monetary Fund are able to aid Greece in future bailout installments. If Greece does not receive another