Economy News for Thurs 2 Dec 2010

[Cheryl Nelson]

Jump In Holiday Retail Sales Pushes Stocks Higher http://finance.yahoo.com/news/Jump-in-holiday-retail-sales-apf-1549231488.html?x=0 Two-Year Low For Layoffs Hints At Hiring Pickup http://finance.yahoo.com/news/Twoyear-low-for-layoffs-hints-apf-3747269758.html?x=0 Holiday Shoppers Came Out To Spend In November http://finance.yahoo.com/news/Holiday-shoppers-came-out-to-apf-3104855227.html?x=0 WH Presses Congress For Jobless Benefits http://finance.yahoo.com/news/White-House-presses-Congress-apf-1142679799.html?x=0 Fed May Be Central Bank Of The World After UBS http://www.bloomberg.com/news/2010-12-02/federal-reserve-may-be-central-bank-of-the-world-after-ubs-barclays-aid.html UK Banks Borrowed More Than $1 Trillion From Fed http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8175432/UK-banks-borrowed-more-than-640bn-from-US-Federal-Reserve.html Fed Reveals It Dished Out Trillions To World Banks To Aid The Crisis http://www.dailymail.co.uk/news/article-1334929/Federal-Reserve-reveals-trillions-dished-world-banks-aid-financial-crisis.html "Shock and Awe" In Precious Metals http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=16384:shock-and-awe-in-precious-metals&catid=49:silver-commentary&Itemid=130 Strange Events At The Comex ... Gold And Silver Continue To Advance http://harveyorgan.blogspot.com/2010/12/strange-events-at-comexgold-and-silver.html Bernanke Warns On Long-Term Joblessness http://www.publicbroadcasting.net/wrvo/news.newsmain/article/0/0/1731756/Business/Bernanke.warns.on.long-term.joblessness