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Job cuts worst since 9/11

December 3, 2008

jreeves, Navellier Growth Blog
Today, it was reported that the job cuts announced in November have pushed the number of layoffs to the highest level in seven years. The total number of workers given pink slips last month was 181,671, up more than 60%...

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Today in Market History

On December 3, 1968, the Dow reached its late 1960s bull market peak of 985.21, and then it proceeded to fall 36% in less than 18 months, to Dow 631 in mid-1970.

Investing Education

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Featured Resources


Stocks

Can the Marlboro Man Ride it Out?

While a slumping economy causes consumers to cut back on the purchase of many goods and services, tobacco and alcohol Continue reading...

Mutual Funds/ETFs

The Road Ahead Paid Content

Election fever is over, the voters have spoken—but what does the meteoric ascent of Barack Obama mean for Continue reading...

Retirement

Blue Monday Paid Content

Black Friday -- the day after Thanksgiving, always the retailer's great hope -- didn't turn out so bad. But today's Continue reading...

Personal Finance

5 Money "Deals" You Should Refuse

Everywhere you turn, there's some new pitch for an 'amazing' offer -- from credit cards to banks to cars, and Continue reading...

Global

Will China Destroy the U.S.?

China's shift from sweet to sour is one of the most dangerous developments of the last year. The media treats it as a Continue reading...

Options

Big-Three Automakers, Citigroup and Pirates

OptionsZone's Bryan Perry helps ONN.tv serve up a three-part Options Cocktail video series for traders, including Continue reading...

Active Trading

Earnings Estimates Too High?

Why would anyone be the slightest bit bullish in this yucky environment? With a nod to a famous luxury liner named Continue reading...

This Week's…

ECONOMIC REVIEW

The Return of the Decider
The release of economic data did not take a back seat to the week's significant news events. While the volume of these releases was diminished due to the shortened holiday week, there were some significant... Continue reading...

STOCK FOCUS

Will China Destroy the U.S.?
China's shift from sweet to sour is one of the most dangerous developments of the last year. The media treats it as a sideshow, but in fact it's one of the leading causes of the... Continue reading...