Bloomberg: The number of Americans filing applications for unemployment benefits fell to the lowest level in seven months, a sign the recovery may be encouraging companies to limit cuts in headcount.
Jobless claims fell by 10,000 to 390,000 in the week ended Nov. 5, Labor Department figures showed today in Washington. (More here)
Bloomberg: The U.S. trade deficit unexpectedly narrowed in September to the lowest level this year as exports surged to a record high …. A smaller September U.S. trade bill may mean a bigger contribution to third-quarter growth….. (More here)
The Hill: A coalition of conservatives is working to organize the disparate groups opposing Mitt Romney as the Republican presidential nominee. While much has been made of Romney’s lack of support among conservative Republicans, the sense of malaise has mostly manifested as a lack of enthusiasm rather than outright opposition. That could all be about to change.
The new coalition is seeking to push back against the narrative that Romney is the “inevitable nominee,” according to spokesman and activist Ali Akbar. The group’s website, NotMittRomney.com, launched this week…..
Busy, busy, busy this afternoon – but will catch up soon