Wednesday, December 31, 2008

Treasurys ease on last day of a very good year

Date: Wed, 31 Dec 2008 17:01:27 -0500

Treasurys ease on last day of a very good year

Treasurys lower amid very thin trading, after the government said initial
claims for jobless benefits fell last week.

ECONOMIC REPORT: INITIAL JOBLESS CLAIMS FALL; CONTINUING CLAIMS AT 26-YEAR HIGH

First-time applications for state unemployment benefits fall 94,000 to
stand at 492,000 in the week ended Dec. 27, as the Labor Department
cites seasonal
volatility in explaining the surprising drop.

ANALYST EXPECTS CHEAPER IPHONE, MACBOOK MODELS IN 2009

Apple may be gearing up to introduce cheaper iPhone and MacBook models in 2009,
possibly including a device dubbed the iPhone nano, an analyst says.
MADOFF'S ALLEGED FRAUD CLAIMS SOME FAMOUS VICTIMS: REPORTS

Among those who have lost money in the alleged Ponzi scheme run by
Bernard Madoff are some high-profile names, such as economist Henry
Kaufman and actor Kevin Bacon, according to media reports.

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