Stocks are continuing their slow trek higher after the government’s report of a drop in companies’ inventories during January.
Business – Investing – Stock – Commodities and Futures – Advisory Services
List of banks under stress keeps growing
The number of banks with risky levels of bad loans rose slightly in the latest quarter. Check yours in the BankTracker from msnbc.com and the Investigative Reporting Workshop.
msnbc.com – Business – Financial Services – Banks and Institutions – Banking Services
Unemployment rises in 30 states in January
Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country.
Unemployment – United States Department of Labor – Labor Department – United States – Work
Businesses trim inventories even as sales rise
Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month.
Business – Marketing and Advertising – Salesmanship – Consulting – January
Senate passes jobless aid, business tax breaks
The Senate voted Wednesday to extend a host of soon-to-expire elements of last year’s economic stimulus measure, including help for the jobless.
Insurance – Unemployment – Unemployment benefits – United States Senate – Senate
Summary Box: Stocks rise after inventories fall (AP)
AP – GOOD NEWS, MODEST MOVES: The Dow Jones industrial average tacked on only 3 points Wednesday after the government said that inventories at wholesalers fell in January while sales rose. That suggests that demand is strengthening.
Stocks rise after inventories fall and sales gain (AP)
AP – Scant buying lifted stocks for a second day Wednesday after the government reported a drop in companies’ inventories.
How the major stock indexes fared on Wednesday (AP)
AP – Scant buying lifted stocks for a second day Wednesday after the government reported a drop in companies’ inventories. The Dow Jones industrials rose only 3 points as the market remained in a lull that began on Monday. Many investors stayed on the sidelines amid an absence of news that could influence trading.
Bets on economy lift Wall Street; banks, tech lead (Reuters)
Reuters – Bank and technology shares lifted Wall Street on Wednesday on hopes a revival in business demand will boost corporate profits.