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Jobless claims jump unexpectedly to 16-year high (AP)
[9 mins]
In this Nov. 13, 2008 file photo, Robert Barber, second from left, a Vietnam Veteran from Bronx, N.Y., talks with a recruiter at the New York State Labor Department job fair for veterans in New York. The government said Thursday, Nov. 20, 2008, new claims for unemployment benefits jumped last week to a 16-year high, providing more evidence of a rapidly weakening labor market. (AP Photo/Bebeto Matthews, File)AP - New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.
Markets Tumble: 'No Positives Out There'
[58 mins][Japan]
Asian, European markets extend rout as Japanese exports plunge.

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