AP - The government says new claims for unemployment benefits jumped last week to a 16-year high, providing more evidence of a rapidly weakening labor market.
AP - Democratic officials say that Arizona Gov. Janet Napolitano is a leading contender for the job of secretary of homeland security in President-elect Barack Obama's administration.
AP - U.S. investors remained cautious Thursday about the struggling economy but found some optimism following reports that a big investor in Citigroup Inc. plans to boost his stake in the company. Dow futures are down 35 after a 428-point drop yesterday.
