Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label US jobless claims at 26-year high; orders rebound. Show all posts
Showing posts with label US jobless claims at 26-year high; orders rebound. Show all posts

US jobless claims at 26-year high; orders rebound

The number of US workers filing new claims for jobless benefits surged to a 26-1/2-year high last week, data showed on Thursday, indicating that layoffs have yet to peak even as other data signalled some improvement in the economy. The Labour Department report also showed the ranks of unemployed who have claimed more than one week of aid hit a record peak last month, showing the difficulties of finding a new job in a recession that has entered its 16th month.

Friday, April 3, 2009

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