Jobless rate soars unexpectedly to 6.1% in August

Date: Fri, 05 Sep 2008 12:03:03 -0400
Jobless rate soars unexpectedly to 6.1% in August

The unemployment rate soars to 6.1% in August, the highest rate in
almost five years, as the economy took a turn for the worse. The rate
has steadily climbed this year from a cycle low of 4.4%.

Commodities Corner: OPEC needs a floor and ceiling for oil stability

Major oil producers will have to feel for a floor and ceiling to guide
their way in the dark as they work to find balance for an oil market
that's seen the price of a barrel of crude drop by nearly 30% in two
months.

Dell said to consider sale of PC factories

Dell Inc. reportedly might sell most or all of its factories as part of
a strategy to cut costs and overhaul its production model.

McCain claims long-coveted nomination; vows a shake-up

John McCain, the Arizona senator and former prisoner of war who has
bucked the Republican Party on issues including immigration and campaign
finance, formally claims the GOP's nomination for president and vows to
shake up Washington.