Jobless Claims Break Below 400,000

The US Department of Labor reported this morning that seasonally adjusted initial jobless claims were 388,000 In the week ending Dec. 25. That is a decrease of 34,000 from last week's revised number of 422,000. This is the lowest weekly…

A Brief Hiatus

Hi everyone. Forgive the long pause between posts. I haven't not posted for this long all year. But it is the holiday season and I found myself unexpectedly caught up in the events and just haven't blogged. The same goes for the other…

Financial News Links: 2010-12-23

The latest financial news from around the web. Articles to note on Allied Irish's nationalisation and the Fed's attempts to block new foreclosure regulations. On behavioral finance, we have a good link from Robin Hanson's blog on the…

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