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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Economy Watch: April 4, 2010 - April 10, 2010

Massey to boost production at other mines to make up for downtime at W.Va. mine

Massey Energy said it will boost production at its other mines to make up for the downtime at the Upper Big Branch-South mine in West Virginia where 25 miners were killed in an explosion Monday and four are still missing....

By Frank Ahrens  |  April 9, 2010; 11:20 AM ET  |  Permalink  |  Comments (2)
Categories:  Corporations , The Ticker  
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Stocks mixed at opening

Stocks are mixed at opening, as the markets seek direction following yesterday's gains. In the first 25 minutes of trading, the Dow is up one-tenth of 1 percent. The broader S&P 500 is up one-tenth of 1 percent and the...

By Frank Ahrens  |  April 9, 2010; 9:56 AM ET  |  Permalink  |  Comments (1)
Categories:  The Ticker  
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Stocks down at opening on jobless news, Greece worries

Stocks continued their sell-off at opening today, following worse-than-expected news on new jobless claims and renewed worries about Greece's debt situation. In the first 30 minutes of trading, the Dow is down three-tenths of 1 percent. The broader S&P 500...

By Frank Ahrens  |  April 8, 2010; 10:07 AM ET  |  Permalink  |  Comments (2)
Categories:  The Ticker  
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New jobless claims make surprise jump of 18,000

New jobless claims filed last week took a surprise jump, rising by 18,000 to 460,000. Forecasters expected 442,000 new jobless claims to be filed last week. The four-week moving average of new jobless claims, which smooths out volatility in the...

By Frank Ahrens  |  April 8, 2010; 8:43 AM ET  |  Permalink  |  Comments (17)
Categories:  The Ticker  
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AP: Former Toyota exec said in e-mail: 'We need to come clean.'

Irv Miller, a Toyota vice president, wrote an e-mail in January five days before the automaker issued a 2.3-million vehicle recall, saying: "I hate to break this to you but WE HAVE A tendency for MECHANICAL failure in accelerator pedals...

By Frank Ahrens  |  April 7, 2010; 7:06 PM ET  |  Permalink  |  Comments (8)
Categories:  Autos , Congress , The Ticker  
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Click on Coal Tattoo blog for coverage of West Virginia mine disaster

My colleagues at The Post have written some fast, thorough coverage of the mine disaster back in my home state of West Virginia, which you can read by clicking here and here. But if you want the best on-the-ground coverage,...

By Frank Ahrens  |  April 7, 2010; 11:19 AM ET  |  Permalink  |  Comments (1)
 
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Stocks down at opening as Dow flirts with 11,000

Much like the trouble it had punching back up through the 10,000 barrier, the Dow can't ... quite ... make ... it back through the 11,000 level. In the first 20 minutes of trading, the Dow is down two-tenths of...

By Frank Ahrens  |  April 7, 2010; 10:00 AM ET  |  Permalink  |  Comments (1)
Categories:  The Ticker  
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