Economy

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Unemployment Rate Jumps to 5.4 Percent in October

The nation's unemployment rate jumped half a percentage point in October to post a 5-year high of 5.4 percent, the Labor Department said Friday.

Justice Dept. Settles Microsoft Antitrust Charges

Hoping to end one of the nation's largest antitrust cases, the Justice Department asked a judge Friday to approve a settlement that would set new rules for the nation's hard-hit technology industry.

Economic Aftershock

Four economists discuss the half percentage point jump in U.S. unemployment, pushing it to a 5-year high of 5.4 percent.

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Queuing for Jobs

Paul Solman reports on yesterday's Twin Towers job fair, sponsored by New York City and aimed at helping those who lost their jobs after the September 11 attacks.

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Senate Considers Economic Stimulus Package

The U.S. Senate is preparing to debate how best to jump-start the economy after House lawmakers narrowly passed a Republican-backed economic stimulus package providing over $100 billion in tax relief.

Attention, Shoppers

Paul Solman reports on consumer activity in the wake of the September 11th attacks.

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U.S. Freezes Assets of 39 More Groups and Individuals

The United States today more than doubled the number of individuals and organizations whose financial assets are to be frozen due to their suspected ties to terrorist organizations.

Losing in Las Vegas

Tom Bearden examines the ways that the September 11 attacks have impacted Las Vegas and its economy.

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Boosting the Economy

Margaret Warner discusses unemployment statistics and a possible economic stimulus package with Jill Thompson of FleetBoston Financial Corporation; Mark Vitner of First Union Securities; Morton Marcus, at Indiana University's Kelley School of Business; and Ross Devol, at Regional and Demographic…

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